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Alias Born 06/18/2013

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Thursday, 08/08/2013 8:29:29 PM

Thursday, August 08, 2013 8:29:29 PM

Post# of 64617
TSOI was able to negotiate and close a deal that gave it the exclusive rights to distribute the SleepWell device in the United States for the next 7 years throughout the remaining life of the patents for this product. This cost them nothing-no inception fee-no royalty-no stock dilution-no research and development. The 510-K with the FDA was done and cleared by the U.S. government at no expense to TSI. Pretty sweet deal. Kudos to Tim Dixon--NICE JOB TIM.
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