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Tisteron Ltd) 1 New Body Waste Management Device A Business Opportunity.

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Presentation on theme: "Tisteron Ltd) 1 New Body Waste Management Device A Business Opportunity."— Presentation transcript:

1 Tisteron Ltd) 1 New Body Waste Management Device A Business Opportunity

2  Tisteron Ltd, Israel  Company established to develop, patent & license the Body Waste Management Device idea  Ron Chen, Founder & Inventor - Israel  Moshe Goldwasser, Inventor/Consultant – Retired CEO of Avgol Inc. Tisteron Ltd 2

3  A DISPOSABLE WASTE CONTAINMENT ARTICLE AND A COMBINATION OF TWO ARTICLES WORN SIMULTANEOUSLY  CIP of Provisional Application Filed: 20.09.2006  Full patent filed: 17.09.2007  Granted April 19, 2011, Patent No US7927320 B2.pdfPatent No US7927320 B2.pdf  Individual use of articles;  Liquid-impermeable outer layers, perimeter seal inward from outer perimeter;  Pulp-less absorbent layer;  Aperture for body waste intake;  Adhesive for securing to body;  Examiner recommended that a two-piece system be separated from patent and become a separate application. Tisteron submitted a separate application, which is expected to be granted.  Tisteron has also applied for PCT and approval is still pending. Tisteron Ltd 3

4  CANADA, MEXICO, BRAZIL, JAPAN, AUSTRALIA, ISRAEL  E.P.O. - U.K, GERMANY, ITALY, TURKEY, FRANCE, SPAIN, THE NETHERLANDS, BELGIUM, SWEDEN, DENMARK, POLAND Tisteron Ltd 4

5  Separate body waste collection  Articles worn singly or in tandem – Separate patent pending  Feces (bacteria) separated from urine  Only soiled device has to be changed  Support undergarment envisioned Tisteron Ltd 5

6  Attaches w/gentle adhesive surrounding orifice, sealing article(s) to body  Less skin area to cleanse  Odors and fecal matter captured in “sealed” containers  Very thin and expands as fills  Very soft & compliant to shape of body  Simple manufacturing envisioned Tisteron Ltd 6

7  Carried out in geriatric ward of a leading nursing home in Israel, overseen by Mr. Goldwasser  The conclusion of trials in the nursing home was that the product is most effective for independent users suffering from incontinence Tisteron Ltd 7

8  Suitable for collection of body waste by independent patients  Users can replace devices themselves independently more easily than a diaper when needed  More comfortable than diaper & releases less odor s Tisteron Ltd 8

9  Better protection against leakage (seepage) when attached properly  Less skin irritation, even with sensitive skin  Hydro gel adhesive functions even in the presence of contaminants Tisteron Ltd 9

10  Dignity  Less leakage  Less odor (waste totally contained)  Less exposure of private parts (genitalia)  Comfort  Easily applied and removed (Hydro gel adhesive)  Low bulk  Enhanced mobility  Almost unnoticeable under clothing  Healthier, less damage to skin (Hydro gel adhesive/less skin exposed to waste)  Easily applied and removed  Less exposure to body waste  Less patient care cost, due to:  Longer wear time  Less space required for storage & disposal  Less skin health care expenses Tisteron Ltd 10

11  Reduced Cost  Fewer devices used per day by patient  Less space required for new product warehousing  Less labor required for:  Changes  Clean-up  Laundry  Fewer dermatological problems  Less waste for disposal  Patients & caregivers are more content  Less foul atmospheric aromas in wards  Improved market competitiveness (more advantageous for patient/family) Tisteron Ltd 11

12  Easily applied and removed  Less bulky  Less patient maneuvering required  Less clean-up  Skin  Garments  Bedding  Less leakage and odors after use  Used device totally enclosed in sealed bag  Less dermatological issues  Lower costs Tisteron Ltd 12

13  User’s dignity Preserved  “Green” product  Less raw material consumed  Less waste for disposal  Use of “Green” materials in specifications & claims  Low volume, hence less transportation/unit, etc. Fewer trucks Less fuel Less storage space  In summary – less costs with regard to:  Overall patient care  Materials, waste, transportation, storage, health, labor, etc. Tisteron Ltd 13

14 Tisteron Ltd 14 Example of use during carotid artery operation – replacing catheter

15  Redesign apertures’ size and location  Redesign adhesive aperture measurements  Design devices with various containment volume capacity  Redesign device shape for better fit & convenience Tisteron Ltd 15

16 1. Absorbent layer carrier/over wrap feeding 2. Glue application 3. SAP application 4. Over wrap folding 5. Absorbent layer sealing & cutting 6. Top sheet feed 7. Hydro gel sticker cutting & application 8. Cutting out aperture 9. Backsheet feed 10. Front & Backsheet merge 11. Glue, seal & cut 12. Product group completed & stacked (folded or unfolded) 13. Packaging Tisteron Ltd 16

17 Tisteron Ltd 17 2 Lines Lines 1234 Investment $1,500,000$3,000,000$4,500,000$6,000,000 Shifts Daily Capacity (85% efficiency) 1 183,600367,200550800734,400 2 367,200734,40011016001,468,800 3 550,8001,101,60016524002,203,200 Area required (Sqm) 1200200030004000 Rent (Inc. Municipals) $/Sqm $7.00 Working days per month 25 Interest rate 5% Years 5555 Working Capital Financing period Months3333 Direct labor As calculated Manufacturing cost On sales3.5% Distribution, Sales On sales12.0% G&A On sales1.50% Hourly Machine Capacity 183,600 Speed (units/minute) 450 Hours/shift 8 Efficiency 85%

18  New business opportunity  Novel solution to real need  Patents granted & pending  Products assembled from readily available resources/technology  Optimization & commercialization open for discussion Tisteron Ltd 18

19 Thank You Tisteron Ltd 19


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