Introducing Adicep

Our Mission

• Developing and bringing to market innovations in metabolically efficient torso support, from simple braces to load carrying aids, to advanced walking systems – wherever quadriceps are insufficient, we will be there to offer needed support

What is Adicep?

• Angel funded medical devices startup

• Comprised of MIT and Harvard educated engineers and leaders

• Possess exclusive unlimited use of patent pending technology passed in from predecessor research project, Powered Prosthetics, Inc.

Team Adicep

• CEO: Nicholas Howard– MIT ’99 BS Management Science– 4 years as General Manager and IT developer of a

recruiting firm introducing the use of Information management for competitive advantage

• SVP engineering: John Rokosz– 20 years of experience: managed development

organizations: hardware, software engineering services, compliance, ASIC, product verification

Team Adicep

• Chief technical advisor: Philip Carvey– 7 startup affiliations, most recently as founder, CTO,

and VP engineering at Avici

• Engineers: – Matthew Carvey

• MIT ’05 BS Mechanical Engineering

– Andrew Carvey• MIT ’03 BS Mechanical Engineering• (candidate) MIT ’06 MS Mechanical Engineering

The Problem• Insufficient quad strength

– General weakness (polio, muscle damage, age)

– Excess load (obesity, armor)– Paralysis (including partial)

• Existing solutions’ shortcomings– Limited terrain (difficulty on

stair/slopes)– Extra work or massive power

requirements – High cost to performance – Awkward gait

The Opportunity

• The underserved market– the elderly – stroke victims– the obese– excess load carriers

• full body armor with A/C• new parents • backpackers

Our core solution

Conceptual model of Adicep joint

• Simply put: – a spring in series with a computer

controlled clutch; – both in parallel with another

computer controlled clutch• Allows storage of energy

– usually lost during flexion– recycled during flexion– Energy savings exceed cost of

carrying device• Braking

– Dissipates excess energy under heavy load (walking downhill)

– Decreases knee stress

Our Products

• Phase 1:– ASM: Adicep Stance Master (“stance-control” uses)– ARA: Adicep Running Aid (non-medical uses)

• Phase 2:– ASP: Adicep Support Platform (military/“human mule”

applications)– APA: Adicep Prosthetic Adjuvant

• Phase 3:– AWA: Adicep Walking Aid (bipedal solutions for

paraplegics and beyond)

Target Market (US numbers only)

• Phase 1:– Existing orthotics candidates, particularly

those who typically decide to forego them; 2M-4M

– Stroke victims; 3M-6M– The obese; approching 10M

• Phase 2:– Military; 100k-200k– Amputees; 1M-2M

Bringing it to the customer

• Licensing to existing orthotics distributors (Kingsley Manufacturing, Zimmer, etc.)

• Direct to orthotists for custom fitting just the joint

• Retail (non-medical – Brookstone, Sharper-Image, etc.)

• Direct to consumer – head-to-head against the scooters