iTech Medical Inc.
17011 Beach Boulevard, Suite 900
Huntington Beach, CA 92647
OTC: IMSU- FWB: OIM
iTech Medical, Inc. is a public medical technology company. Our first product is a medical device called Muscle Pattern Recognition (MPR), a unique testing system that objectively and quantitatively measures the biomechanical dysfunctions associated with musculoskeletal injuries of the back and the neck.
Message from the President
iTech Medical (OTCBB: IMSU) was established in 2003 as a medical technology company. Since that time, we have been engaged in the research and commercial development of a unique healthcare information system called Muscle Pattern Recognition (MPR).
Our goal, however was to build a company with more than one product. We set out to build a company that would, over time, develop a diversified portfolio of superior and innovative products that would improve people's health. In pursuit of this goal, we recently signed a Letter of Intent to acquire BIOflex Medical Magnetics, a pioneer in the practice of medical magnetic therapy.
The BIOflex magnetic technology is founded on academic and clinical research demonstrating its ability to support the body's natural healing processes.
We are very excited about this development and even more excited about the possible synergies between the two business. The acquisition of BIOflex Medical Magnetics is an important step in the evolution of iTech Medical and we invite you to follow our progress in the year ahead.
Thank you for your interest in iTech Medical and for taking the time to visit our web site. For more information on our company, please send an email to: wayne.cockburn@iTechMedical.com
Board of Directors - Management Team
Warren G. Baker, Chairman - Mr. Baker was President of iTech Medical from February 2011 until December 2011. From January 4, 2004 to June 30, 2006 , he was Chief Operating Officer of Advanced Research Technologies (ART) of Montreal, Quebec where he lead the development and commercialization of their optical imaging technology for the identification and diagnosis of breast cancer and identification of optically tagged biomarkers in preclinical pharmaceutical studies. Prior to that, Mr. Baker was President and Chief Executive Officer of Electromed Imaging, a global leader in cardiac image information management systems, where he first joined as Chief Operating Officer in 2002. During his work with both ART and Electromed Imaging, Mr. Baker was responsible for the strategic acquisition and integration of both new intellectual property and the merger of synergistic global business organizations.
Wayne Cockburn, CEO, Director - Mr. Cockburn joined iTech Medical (IMSU) in September 2003. Prior to IMSU, Mr. Cockburn was President at MPR Health Systems from January 2002 until September 2003 and Executive Vice President from January 2000 until January 2002. From January 1995 to December 1999, Mr. Cockburn was Vice President, Business Development for Lorus Therapeutics, a public biotechnology company. Mr. Cockburn's background includes strategic planning, corporate finance, corporate partnering, corporate governance and mergers and acquisitions
Alan J. Goldman, M.D, Vice President Clinical and Medical Affairs - Dr. Goldman joined iTech Medical (IMSU) in September 2003. Prior to joining IMSU, Dr. Goldman was a practicing Board Certified neurologist for over 27 years and an Associate Clinical Professor of Neurology at the University of California (Irvine). Through his practice, Dr. Goldman attained extensive experience with work-related injuries. He served as a neurology consultant to numerous insurers and served for four years on the Medical Advisory Board of Blue Cross.
Dr. Goldman serves as an expert witness in Workers' Compensation and general liability litigation matters and was recently appointed as a Medical Panel Chairperson for the State of Utah Labor Commission. His Workers Compensation appointments include Independent Medical Examiner for the State of California in 1990, Qualified Medical Evaluator, State of California in 1991 and Agreed Medical Evaluator, State of California in 1992. Dr. Goldman is also a member of the American Academy of Neurology, the California Medical Association, the Utah Medical Association and a Past-President of the Orange County Neurological Society. At IMSU, Dr. Goldman is responsible for all the clinical and medical affairs of the Company. In addition to being a key member of the management team, Dr. Goldman also serves as Chairman of the Company's Medical Advisory Board.
Kenneth Aebi. Director - Mr. Aebi has more than 40 years experience as a successful sales and management executive in emerging medical technology companies. Mr. Aebi has an extensive track record in successful new business development, product sales and positioning strategies, management of national teams of sales representatives and corporate partnering. Mr. Aebi was a Vice President at MPR Health Systems, the company that developed the early MPR System. Mr. Aebi served for 11 years as Vice President, Sales for NeuroCom International, a manufacturer of technology for the assessment and management of patients with vestibular and balance disorders. Since 2005, Mr. Aebi has served as the managing partner in the Equitable Safety Group Inc., a consulting group that specializes in the development of business plans for individual medical centers as well as national hospital groups, to reduce medical injuries.
Craig Lunsman. Director - Mr. Lunsman is the President of William Jamieson Group, Inc., a consulting group that provides securities valuation and corporate advisory services to public and private small cap companies, since he founded the company in 1993. Prior to that, Mr. Lunsman was a co-founder and principal in Houlihan Valuation Advisors, Inc., a company specializing in providing services related to business valuations, fairness opinions and other valuation and economic issues. Mr. Lunsman received his BS from the University of Southern California in 1970 and graduate work for his MBA and has been involved in providing strategic planning, financing and other corporate advisory services since that time. He has served as an Expert Witness on business valuation and other related financial matters in California and other states, and has also testified before the Internal Revenue Service relative to valuation matters. He has been a member of the American Society of Appraisers, San Francisco Chapter and has been a published author and a frequent speaker on issues relating to business valuation. Mr. Lunsman was a member of iTech Medical's board from 2007 until 2011 where he acted as Chairman of the Company's Audit Committee as well as serve on each of the Compensation and Corporate Governance Committees.
Patricia Colvin, Director of Operations and Financial Controller - Ms. Colvin joined iTech Medical (IMSU) in September 2003 and is responsible for Operations and Human Resources for the Company. Ms. Colvin is also responsible for Quality Control for the Muscle Pattern Recognition technology, including the development and implementation of policies and procedures for software development, hardware assembly, material outsourcing and training and certification of Technicians and Trainers. Prior to joining IMSU, Ms. Colvin was Director of Operations and Human Resources at MPR Health Systems from February 1997 until August 2003.