Backgrounder

HealthMicro Inc. (previously HMicro Inc.) was founded in 2008 after intensive research by its founders on the healthcare markets, competitive landscape and business models. The HealthMicro team has extensive experience in the semiconductor and healthcare industries with a proven track record of product innovation for high volume markets.

HealthMicro's investors include X/Seed Capital Partners (Menlo Park, CA), Reddy Capital Partners (Los Altos, CA), National Science Foundation, and a Fortune 100 healthcare products OEM.

HealthMicro is pursuing a partnership driven business model. HealthMicro has established a formal relationship with a Fortune 100 healthcare device manufacturer with a leading position in high volume healthcare disposables. HealthMicro is in discussions with various other strategic healthcare device partners to expand the REACH™ platform into multiple market segments. In its early stages, HealthMicro conducted formal marketing interviews with various physicians, hospital administrators, nurses and healthcare OEMs to clearly define the business opportunity, business model, product vision and ingredients for success. Based on market needs, HealthMicro defined its REACH™ technology solution and verified its core concepts by conducting extensive wireless experiments in hospitals and other locations. The company is located in Los Altos, California, in the Silicon Valley, and is also developing an organization in Bangalore, India.