Matam, Building 30
Haifa
Israel
P.O. Box 1 50 54
31905 Haifa

Phone: +972 4 8546652
Fax: +972 4 8546644

http://www.argomedtec.com

info@argomedtec.com

Company Figures
Number of employees 1-19
Sales volume < 1 Mio US $
Export content > 75%
Year of foundation 2001
Area of business Electronical Equipment / Medical Technology

Physiotherapy / Orthopaedic Technology / Occupational Therapy

Company Profile

Argo Medical Technologies Ltd.
Argo Medical Technologies Ltd. develops and markets walk restoration devices for people with lower limb disabilities. The company’s flagship ReWalk™ product offers an ambulation alternative to wheelchair users, enabling paralyzed people to stand, walk and even climb stairs.

Founded in 2001 and located in Haifa’s MATAM hi-tech industrial park, Argo operated, until end of 2007, under the auspices of the TechnionSeed (formerly the Technion Incubator), part of the Technion – Israel’s renowned Institute of Technology, and the birthplace of some of the world’s most innovative technologies.

Operated by a team of experts in the field of locomotion impairment with decades of combined experience in R&D, engineering and manufacturing of multidisciplinary systems, Argo also boasts staff with extensive experience in worldwide marketing, sales and business development. The company is assisted by an Advisory Board of renowned international experts in the fields of medicine, biomedical engineering, robotics and marketing.

Product Information
04.05 Walking and mobility aids
ReWalk™ 09.09.2008

ReWalk™ is a wearable, motorized quasi robotic suit. Partially concealable under clothing, ReWalk provides user-initiated mobility – leveraging advanced motion sensors, sophisticated robotic control algorithms, on-board computers, real-time software, actuation motors, tailored rechargeable batteries and composite materials.

ReWalk™ works with users – not just for them. Users walk with the assistance of crutches, controlling suit movement through subtle changes in center of gravity and upper-body movements. In addition to simplifying suit control, this user participation in mobility brings tangible health and emotional benefits. ReWalk™ is not just a vertical wheelchair – ReWalk™ restores the element of control over mobility so lacking for wheelchair users.

As any sedentary wheelchair user can attest, life in a wheelchair carries a hefty healthcare price tag. Serious problems with the urinary, respiratory, cardiovascular and digestive systems are common, as well as osteoporosis, pressure sores and other afflictions.

By maintaining users upright on a daily basis, and exercising even paralyzed limbs in the course of movement, ReWalk™ alleviates many of the health-related problems associated with long-term wheelchair use. In addition to relieving suffering, this has a real impact on healthcare costs – cutting yearly expenses almost in half, and enabling both insurers and individuals to redirect funds to other avenues.

Adoption of ReWalk™ by wheelchair users results in significant cost saving at both institutions and private homes. ReWalk™ makes standing devices, stair lifts, bed lifts, and other mobility assistance apparatus redundant. Similarly, ReWalk™ users don’t require expensive powered wheelchairs – or the oversize vehicles and devices required to handle them. With ReWalk™, users require only minimal additional mobility assistance – saving tens of thousands of dollars yearly.

At institutions, ReWalk™ can serve as a robotic therapeutic or physical training device, used for intensive functional locomotion therapy. By replacing or supplementing expensive mechanized gait trainers, for example, ReWalk™ allows institutions to redirect significant budget resources for other therapeutic activities.

Functionality:

All day usage
Mobility – walking, sit-to-stand, stand-to-sit, climb stairs, ascending/descending slopes, driving
Training – replacing other training equipment at home and at rehabilitation center
Prerequisites:

Ability to use hand and shoulders (walking with crutches)
Healthy cardiovascular system and bone density

04.05.03 Aids for walking and standing, and other aids

04.12 Rehabilitation equipment and devices