Ultraflex Systems Inc.
Ultraflex® patient inspired solutions are the world’s leading dynamic bracing technology for improving joint and limb range of motion, muscle length and flexibility and walking ability.
Our breakthrough Ultraflex One technology is the only bracing technology that can control ALL planes of motion and stretch multiple joints in one orthosis (the act of straightening or bending a limb). The Ultraflex ONE™, is a patent pending, revolutionary technology that provides protection, stability, functional assist and LLPS (low load, prolonged-duration stress) in ONE family of advanced orthoses. Our patented adjustable dynamic response (ADR™) elastomer technology for improving walking is also unique to the market, empowering the clinician and patient with individualized gait adjustments for maximum function right on the patient. Both families of Ultraflex® proprietary technologies address all phases of recovery and rehabilitation for adult and pediatric orthopedic and neurological patients requiring range of motion therapy and help walking.
Until now, we’ve strictly been an R&D company selling Ultraflex® components at wholesale prices to orthotic and prosthetic clinics upon physician and therapist referral around the country. We’ve done quite well in this space, generating over $4.6 million in revenue last year, but we now want to be consumer facing in the actual patient care process we call UltraDirect. This retail marketplace is much larger, expanding the dollar value of each brace by $900-$1,500 for an average brace value of $1,800 and opening up the potential market to a much greater world of patients in need.
Our patented, custom fitted and custom fabricated dynamic arm and leg braces for rehabilitation and mobility will soar to the top of this new market due to our expedited UltraDirect care clinic model that delivers patient care in half the time of traditional orthotic and prosthetic providers.
With years and years of trailing revenue and profits as proof, and the development and marketing risks completely behind us, Ultraflex® is moving full steam ahead into this established marketplace, ready to deliver unbeatable customer service and the best rehab tech available.
Our custom dynamic braces improve range of motion and mobility for patients withorthopedic indications like limb and joint injury or surgery as well as neurological indications for conditions like stroke, brain injury and cerebral palsy.
Ultraflex ONE™ provides 3-in-1 bracing: stability, protection, and recovery of full range of motion, leading to complete rehabilitation. In the orthopedic setting, this is used for:
Total joint replacements
Tendon and ligament repairs
Ultraflex ONE™ is also equipped to address neurological range of motion limitations and gait deviations, common in patients with:
Cerebral palsy (CP)
Cerebral vascular accident (CVA)
Traumatic brain injury (TBI)
Muscular Dystrophy (MD)
Multiple Sclerosis (MS)
Incomplete Spinal Cord Injury
Other central nervous system diseases or disorders
ADR™ – Many of the above patients also requiring walking assist and are prescribed traditional ankle foot orthoses (AFOs) and knee and ankle foot orthoses (KAFOs) that often either over brace the patient (overly restricting mobility) or underbrace (not providing enough stability) resulting in clinician and patient dissatisfaction. ADR™ patented elastomer technology empowers finely tuning walking function, providing an individualized, patient inspired solution every time for optimized AFO and KAFO solutions.
Dynamic extension and flexion assist in one component, easily reversed by the patient or caregiver.
Extension or flexion ROM limits for protected motion, support, and positioning.
Static progressive stretch option with simple worm drive adjustment.
Improved lock for easy donning and doffing by the patient or caregiver.
In short, Ultraflex ONE™ is like a physical therapist constantly working inside your brace. As an Ultraflex ONE™ user, you take revolutionary tech home with you and get all the stretching, gait training, and range of motion workouts you need. With Ultraflex ONE™, you’ll be back to your old self in no time.
Ultraflex® has an established business network from 25 years in operation. Since our start in ‘91, we have expanded our market from the US to Europe, Canada, Australia, and South America. The US remains our biggest focus, however, especially now as we move into direct patient care at the retail level.
We introduced a number of new products to the market throughout the 90s and early 2000s, but our latest breakthroughs came in the period from 2004-2013 with ADR™ and Ultraflex ONE™, breaking new ground in features for orthopedic and neurological bracing for walking and stretching. In 2013, we also opened a 7,500 square foot state-of-the-art custom fabrication facility with fully installed infrastructure that supports rapid scalable growth. We will be comfortable in this facility until we achieve in excess of $25 million in annual revenue, at which point we will need to add additional fabrication facilities.
We have approximately 1,500 active wholesale customers who collectively provide around 12,500 Ultraflex® braces annually, demonstrating a current $20 million retail market for Ultraflex® with nearly unlimited potential.
With our new UltraDirect business model, the market will expand to an estimated at $150-$200 million with a potential of $1 billion. Please see the business plan tab of this profile for more details.
We collaborate on research and product development with premiere centers like NIH, Children’s Hospital of Los Angeles, Rehab Institute of Chicago, and University of Washington.
Although we pulled in more than $4.5 million in revenue in 2015, we are now shifting gears to focus on a much larger direct patient care retail market. Our plan for 2016 includes refining and demonstrating our new direct care model in the Philadelphia area. In 2017, we will launch five new territories, 10 new products, and two product updates. By the end of 2018, we will have rolled out our patient care process in 11 US territories.