VersaMed Inc.

www.versamed.net

Formerly Airway; now GE Healthcare Israel ; Now GE Healthcare Israel

High-Tech Company

Acquired by General Electric (GE)

Graduated from: Ofakim

TECH VERTICALS

Healthtech, Life Sciences, Medical Devices, MedTech

General Data

Sector	Medical Devices
Company Stage:	Revenue Growth
Established	1994
Number of Employees	100
Reg. Number:	abCDe

DESCRIPTION

Versamed designs and develops computer controlled portable ventilators. Includes software-based controls rather than traditional complex and expensive mechanical controls. Device includes a standard CPU, enabling remote monitoring and control. Company applied for 510K FDA approval for its first commercial product.

TECHNOLOGY

The iVent201 is the culmination of VersaMed's innovative engineering and dedication to quality. It is built on our no-exceptions commitment to our customers.

Designed to follow the patient through each clinical episode, iVent201 is the world's only anytime, anywhere ventilator. Truly the new generation of ventilation, iVent201 performs flawlessly and is ideal for use in a wide variety of settings including critical care, emergency, transport, sub-acute and in the home.

A full function ventilator in a light-weight compact package, iVent201's self contained turbine flow generator produces sufficient flow and pressure to adequately handle a diverse range of patients and ventilation requirements.

In addition to superior clinical performance, iVent201 also delivers an excellent return on investment due to its reasonable entry fee and low ownership and maintenance costs.

Products and Phases

Product	Phase
asked to be removed

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Hospitals, Healthcare Facilities, Medical Centers.

	BUSINESS MODEL
	B2B

CONTACT INFO

Expand / Collapse All

Main Address: Pearl River, United States

Address	2 Blue Hill Plaza
City	Pearl River
State/Province	NY
Country	United States
Zip	10965

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Kadima - Zoran, Israel

Address	Hasharon Industrial Park, Ornat Building
POB	5011
City	Kadima - Zoran
Country	Israel
Zip	60920

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Jerry Korten	CEO	QoL (CTO)
Mr. Kevin Plihal	VP, Marketing & Business Development
Mr. David Hammond	VP, International Sales & Marketing
Mr. Moustafa El-Gohary	General Manager, Middle East & North Africa
Mr. Tsvi Gassner	Co-Founder
Mr. Ved Prakash	Managing Director, Indian Sub-Continent
Mr. Freddy Schwab	Director of Marketing & Sales, Europe
Dr. David Weintraub	Co-Founder
Mr. Philip Yue	Managing Director, China
Mr. Boaz Misholi	Co-Founder	YL Ventures (Partner)

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Mar. 26, 2008

abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

Expand / Collapse All

Round

Date

Stage

Amount

Valuation

Third Round

Jul. 01, 2003

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Investment Company	abCDe	29/12/2005: Aura sold all but 5.5% of its holdings to Ronit Maklouf.
abC Defghij	Other	abCDe
abC Defghij	Other	abCDe
abC Defghij	Other	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Other	abCDe

Second Round - Extended

Oct. 01, 2002

Initial Revenues

abCDe

Second Round

May. 01, 2002

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Investment Company	abCDe	Holds 33% of the company
abC Defghij	Other	abCDe

First Round

Oct. 01, 1999

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Holding Company	abCDe	Holds 5% of the company
abC Defghij	Holding Company	abCDe
abC Defghij	Holding Company	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Investment Company	abCDe	Total sum of investments is $1.15
abC Defghij	Private Investor	abCDe
abC Defghij	Other	abCDe
abC Defghij	Other	abCDe
abC Defghij	Other	abCDe
abC Defghij	Other	abCDe
abC Defghij	Other	abCDe
abC Defghij	Other	abCDe
abC Defghij	Other	abCDe