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Description of business:
Electrical Geodesic, Inc. ("EGI"), based in Eugene, Oregon, USA, is a medical device company that designs, develops and commercialises a range of non-invasive neurodiagnostic products used to monitor and interpret brain activity. A key component of these products is EGI's proprietary dense array electroencephalography ("dEEG") platform technology. The dense array method gathers brain activity data from many more electrodes than conventional EEG products, generating significantly higher quality and more precise levels of information. The Company's technology has been increasingly adopted as a powerful research tool and more recently as a cost effective and patient friendly clinical neurodiagnostic platform. The Company's core technology has been steadily advanced over the last 20 years and it is now cleared by US, EU and a number of other major international regulatory bodies. EGI's technology is currently in use by over 500 customers including leading researchers and clinical opinion leaders in a broad range of applications, including epilepsy, autism, stroke, traumatic brain injury and sleep disorders. The Company's business model is based around the initial sale of the dEEG system, with additional revenues generated from the sale of expandable hardware and software modules. A continuing revenue stream is provided by ongoing sales of consumables and annual support contracts.

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Electrical Geodesics, Inc.

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