StocksDiva Bio Bin

[StocksDiva]

SPOM -SPO MEDICAL SYSTEMS due diligence

SPOM Business Description



SPO MEDICAL SYSTEMS develops and manufactures vital sign monitoring devices. Unique, patented Reflectance Pulse Oximetry (RPO) is cutting edge technology supplying rapid and reliable mobile response. RPO monitors, non-invasively, blood oxygen saturation and heart rate while attached to a single side of the body. Small low-powered battery sensors incorporate wireless functionality, accurate even during physical activity.

Conventional pulse Oximetry is limited to areas, such as fingers and earlobes. Physiological conditions such as stress and temperature can affect the accuracy of these conventional devices.

Innovative aspects:

*RPO technology sensors precisely capture vital cardiovascular parameters such as pulse rate and pulse rhythm.

*Low power consumption, enabling continuous monitoring in non-clinical environments

*Does not require tight skin contact. This prevents common occlusions and discomfort and can be worn comfortably around the clock

*Wireless monitoring functionality

*Small and lightweight, easily embedded in wristwatch-type devices

*Not limited by physical activity

A new sophisticated product developed to assist mentally disabled persons in vital sign monitoring and in preventing suicides among prisoners is currently used by the Israeli Prisons Service.

Partners are sought to distribute and provide technical support for varied product lines.

Patent's listed under CEO's name:

http://www.freepatentsonline.com/result.html?sort=relevance&srch=top&query_txt=Michael+Braunold&submit=&patents=on

Video: SPO Medical now white labeling for HoMedics and selling product at CVS

SPOM Contact Info
SPO Medical Inc.
3 Gavish Street
Kfar Saba, 2454
Israel - Map
Phone: [phone]
Website: http://www.spomedical.com

For Customer Service:
SPO Medical Product Support
Simi Valley, California
Questions about our products?
Call Toll-free: 1-800-548-6705
From Outside of the US Call: 1-818-838-1680

For Corporate Offices:
SPO Medical Systems
California - USA
12457 Gladstone Ave. # G
Sylmar, CA 91342
Tel: [phone]
Fax: [phone]

SPO Medical has white-labels product to HoMedics and CVS Pharmacy, here is a couple Retail sites i also found:

http://www.cvs.com/shop/product-detail/HoMedics-Deluxe-Pulse-Oximeter?skuId=896874

http://www.devonsuperstore.com/SPO-Medical-5500-Pulse-Oximeter-P52.aspx?gclid=CNPH3ef3s7UCFQo3nAodaHkAbQ

http://www.amazon.com/PulseOx-5500-Pulseox/dp/B004WP57BQ/ref=sr_1_1?s=hpc&ie=UTF8&qid=1360781069&sr=1-1&keywords=spo+medical



SPOM Management Team
Mr. Michael Braunold has been the Chief Executive Officer of PLT Solutions, Inc. since March 2000. Mr. Braunold has been Chief Executive Officer of SPO Medical Inc., since March 1998 and as its President since May 18, 2005 and serves as its Principal Financial Officer and Principal Accounting Officer. From March 2000 to September 2000, Mr. Braunold was the Chief Executive Officer and Chairman of Ambient Corp. Since March 1998, Mr. Braunold also has been Chief Executive Officer and Chairman of the Board of SPO Medical Equipment Ltd., an Israeli company that specializes in medical technology related to pulse Oxi Metry techniques. Prior to this assignment, Mr. Braunold was Senior Director of Business Development at Scitex Corporation Ltd., a multinational corporation specializing in visual information communication. In such capacity, Mr. Braunold played a strategic role in managing a team of professionals assigned to M&A activities.

Mr. Braunold served as Principal Financial Officer of SPO Medical Inc. He serves as a Director of SPO Medical Inc. He has been a Director of PLT Solutions, Inc. since March 2000 and served as a Director of Amedia Networks Inc. (Formerly TTR Technologies Inc.) since May 2000. He served as Director of Ambient Corp. from December 2001 to November 10, 2004. During his 12-year tenure at Scitex, Mr. Braunold held various positions within the worldwide organization, including a period in the United States as Vice President of an American subsidiary of Scitex specializing in medical imaging. Mr. Braunold originates from the United Kingdom where he obtained a B.Sc. with honors in Engineering and Management Sciences and a Master of Business Administration from Imperial College Business School, London.

SPOM Pipeline

SPO Medical Inc. engages in the design, development, and marketing of non-invasive pulse oximetry technologies to measure blood oxygen saturation and heart rate. The company has developed and patented proprietary technology that enables the measurement of heart rate and oxygen saturation levels in the blood, which is known as reflectance pulse oximetry (RPO).

As of March 2012, the company held 12 patents issued by the United States Patent and Trademark Office (USPTO) covering various aspects of its technologies. Its technologies are applied to products that are designed for use by in the homecare, professional medical care, sports, safety, and search and rescue markets. Products PulseOx 5500 — a commercial RPO spot check monitor for blood oxygen saturation levels (SpO2) and heart rate. The PulseOx 5500 uses SPO patented technology to provide a medical device that is easier to use for various patients. The device is approved and registered by the Food and Drug Administration (FDA). The device also carries the CE (European Directives 93/42/EEC and 90/385/EEC for regulatory and safety standards of medical equipment) and Canadian Standards Association (CSA) mark for safety and audited manufacturing processes. Check Mate— addresses the sports and aviation market’s demand for a lightweight, inexpensive monitor for measuring SpO2 and heart rate during physically active and high-altitude activities. It offers the user an ability to monitor these vital signs under motion and is less expensive than most other available devices. PulseOx 7500 —a monitor for extended monitoring of SpO2 and heart rate by means of RPO. The monitor is being initially marketed for pre screening of sleep apnea sufferers. PulseOx 6000 — a professional commercial RPO spot check monitor for SpO2 and heart rate. The PulseOx 6000 uses its patented technology to provide a medical device which is easier to use for many patients and less expensive to operate than any other device that is commercially available. The device is approved and registered by the FDA. The device carries the CE and CSA mark for safety and audited manufacturing processes. PulseOx 6100 — a professional stand-alone hand held commercial RPO spot check monitor for SpO2 and heart rate. The PulseOx 6100 uses its patented technology to provide a medical device that is easier to use for various patients. The device carries the CE and CSA mark for safety and audited manufacturing processes. Research and Development / Products under Design and Development The company has in various stages of development other wellness market devices utilizing its oximetry technology. Baby Movement Monitor — a monitor being designed specifically for the use with infants. This unique monitor is being designed for continual non-invasive monitoring of an infant particularly during the hours that the baby is sleeping. Sports Watch — a sports watch for monitoring hear rate for sports enthusiast to monitor their wellness while training or engaging in sport activities without the requirement to wear a conventional chest strap or equivalent. Wellness Bracelet — a bracelet that can be worn to continually measure number of activities and calories burned by an individual performs on a daily basis; this potential product offering could be marketed to the large obesity market for adult and children alike.

In 2011, the company signed an agreement with a private time-piece manufacture to manufacture and sell its wellness bracelet to department stores, mid-tier mass-market, and food and drug stores throughout North America. Business Strategy The company's business strategy is to increase growth potential by pursuing new market opportunities; and partner with highly qualified, focused companies, internationally.

Competition The company’s competitors include Nonin Medical Inc. and Smiths Medical PM Inc.

History SPO Medical Inc. was founded in 1998.

Technological Advancement & Product Development
Their industry-leading scientists and engineers have developed patented wireless reflective sensors for multiple applications in the area of physical diagnostics. Using this expertise, we solve technical issues and engage in product development on behalf of client corporations and research partners. Indeed, our product development research team is available to evaluate and assist companies throughout the world in their product development.



SPOM Accomplishments & Headlines
Tuesday 2/19/2013 8:30:00 AM
SPO Partners with HoMedics LLC

Focus on new consumer wellness products for OTC sales
NEW YORK, February 19, 2013 /PRNewswire via COMTEX/ -- SPO Medical Inc. (SPOM), a leading developer of biosensor and microprocessor technologies for use in portable monitoring devices, announced today that it has partnered with HoMedics LLC for the distribution of a private-labeled, over-the-counter (OTC) pulse oximeter for non-medical consumer wellness applications. This new product, known as the HoMedics Deluxe Pulse Oximeter is currently being promoted and sold in North America.

The oximeter is based on patented Optimetrix™ technology which uses proprietary optical techniques to measure certain vital sign measurements for a variety of consumer wellness applications. In the United States, the Deluxe Pulse Oximeter was launched during 4th quarter 2012 at CVS stores, and HoMedics sees substantial upside potential to expand in the drug channel and beyond during 2013. Furthermore, HoMedics will look to increase distribution worldwide via its extensive network in over 60 countries.

Michael Braunold, Chief Executive Officer of SPO commented: "We've been working with HoMedics since early summer 2012 and have made tremendous progress together, with the successful introduction of the HoMedics Deluxe Pulse Oximeter to US consumers. As market awareness for wellness products strengthens and grows, our partnership with the oximeter and future products under development creates promising opportunities for both companies. Our decision to distribute under the HoMedics private-label has afforded us access to mass-market retailers worldwide and we plan on expanding our product portfolio to further leverage on our joint-success to date".

SPO views the general wellness product category as a major growth opportunity by leveraging its technology to monitor information related to general leisure/sport activities. Product opportunities currently under development include a fitness watch which negates the need for the traditional chest-strap currently being used by most sports watch manufacturers, and a new consumer wellness time-piece designed to measure overall daily activity level, especially useful for overweight or obese adults and children. This product will include unique innovative features as well as being a fashionable time-piece to continuously measure the number of daily activities and calories burned against a recommended goal.

Tuesday, January 8, 2013
SPO Well Positioned for Growth in 2013
PR Newswire (Tue, Jan 8)

Thursday, November 22, 2012
SPO MEDICAL INC Financials
EDGAR Online Financials (Thu, Nov 22)

Wednesday, November 14, 2012
SPO MEDICAL INC Files SEC form 10-Q, Quarterly Report
EDGAR Online (Wed, Nov 14)

Tuesday, August 14, 2012
SPO MEDICAL INC Files SEC form 10-Q, Quarterly Report
EDGAR Online (Tue, Aug 14)

Thursday, May 24, 2012
SPO MEDICAL INC Financials
EDGAR Online Financials (Thu, May 24)

Tuesday, May 15, 2012
SPO MEDICAL INC Files SEC form 10-Q, Quarterly Report
EDGAR Online (Tue, May 15)



SPOM chart:




SPOM Share Structure
Common stock $0.01 par value-
Authorized - 100,000,000 and 50,000,000 shares, issued and outstanding - 46,094,400 and 36,173,249 shares as at September 30, 2012 and December 31, 2011, respectively

SEC filings: http://finance.yahoo.com/q/sec?s=SPOM+SEC+Filings

All websites change info without notice and the references I used at the time of this dd was:
http://www.otcmarkets.com
http://www.businessweek.com
http://www.finance.yahoo.com
and the corporate website and last 10Q



***All my posts are purely my opinion. Please use your own research and never invest in a stock you can not afford to lose money on. This is my own dd and I am not being compensated.