DigaTrade Bitcoin exchange launching in Vancouver


DigaTrade Bitcoin exchange launching in Vancouver

Bit-X Financial Corp. aims to compete with Bitstamp
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Brad Moynes says he wants to build the E-Trade of the cryptocurrency world.

He’s the 45-year-old president of Vancouver-based Bit-X Financial Corp., which will launch on Monday (June 29) a new Bitcoin exchange called DigaTrade.

“The first wave [of Bitcoin exchanges] has already gone through a consolidation,” Moynes told the Georgia Straight during an interview at his company’s downtown office. “There was a lot of new exchanges. They weren’t built properly. A lot of customers lost their money.”

Nevertheless, DigaTrade enters a crowded market. Vancouver alone is already home to the digital-currency exchanges Cointrader (acquired by Newnote Financial Corp. in March), Quadriga CX, and Taurus.

Moynes said he’s looking to compete with the major international exchanges, such as U.K.–based Bitstamp.

DigaTrade, which uses technology from Hong Kong–based ANX, will allow people from around the world to trade the cryptocurrencies Bitcoin, Dogecoin, Litecoin, Ripple, and Stellar for Canadian dollars and vice versa. Support for the U.S. dollar, British pound, and euro will be added soon after launch.

“Our API [application program interface] order book goes out on to the Internet and sources out the best price worldwide,” Moynes said, explaining how DigaTrade is different than the other locally based exchanges. “We usually source the bitcoins from the exchanges in China, like Bitfinex, BTC China, and OKCoin.”

Bit-X, formerly an oil-and-gas exploration firm known as Rainchief Energy, will require DigaTrade users to produce a passport or driver’s licence, a bank statement, and a utility bill in order to verify their identities and locations. Users will pay a commission of 0.5 percent on limit orders and 0.75 percent on market orders.

Moynes likened the state of Bitcoin to the Internet in 1996.

“I think that there’s going to be a lot of developments and a lot of innovation, and a lot of things are going happen later this year and next year,” Moynes said. “We’re just starting to see venture-capital funds come into the sector. We’re now north of US$700 million into the sector, which is just the tip of the iceberg.”

Bit-X shares are traded over the counter under the symbol BITXF on the OTCQB.

Vycor Announces Commercial Release of Its NovaVision Web Deliverable Therapy Suite


Vycor Announces Commercial Release of Its NovaVision Web Deliverable Therapy Suite

PR Newswire

BOCA RATON, Fla., June 25, 2015 /PRNewswire/ — Vycor Medical, Inc. (“Vycor”) (OTCQB—VYCO), a provider of innovative and superior surgical and therapeutic solutions, announced the commercial release of its Internet-delivered therapy suite in the U.S. This therapy suite, consisting of its lead Vision Restoration Therapy (VRT) and its NeuroEyeCoach eye-movement compensation therapy, is delivered directly to patients over the Internet onto their own computers replacing the Company’s current “prototype hardware centric” model.

NovaVision has been working to take its VRT therapy prototype and develop it into an affordable, scalable therapy offering that offers broader patient benefits. VRT will going forward be provided alongside NovaVision’s NeuroEyeCoach compensatory therapy in one Internet delivered therapy suite. Two things happen when someone suffers from vision related disorders following a stroke or brain injury: there is a loss of visual field as well as difficulty with eye movement, affecting the ability to integrate visual information. VRT addresses the restoration of lost vision while NeuroEyeCoach addresses patients’ difficulty with their eye movements and their ability to integrate visual information, allowing them to make the most of their remaining vision, The two therapies provided in a suite are therefore highly complementary and ensure broad benefits to NovaVision’s patients.

NovaVision is now positioned, for the first time, with the suite of therapies and product offerings to deliver on its strategic vision: to provide a clinically supported, affordable and scalable visual therapy solution offering broad benefits to those suffering visual impairment following neurological damage; and to offer solutions for both patients and physicians alike.

For Patients:

  • VRT and NeuroEyeCoach Therapy Suite. NovaVision will commercially launch this week these two complementary therapies, internet-delivered in a package for $900.
  • NeuroEyeCoach. For patients with visual impairments who are not suitable, for whatever reason, for VRT, NovaVision provides NeuroEyeCoach on its own for $450.
For Physicians:
  • Vision Diagnostic (VIDIT). The diagnostic component of VRT that enables therapists to perform high-resolution visual field tests in less than 10 minutes to screen for visual field deficits.
  • NeuroEyeCoach Pro Center. Enables stroke rehabilitation and other centers to treat patients while in their care, both as in-patient and out-patient.
  • NovaVision and NeuroEyeCoach Pro Physician. Enables physicians to register patients in their clinic who complete the therapy at home, supported by NovaVision but monitored by the physician through a dedicated portal.

VRT is a prescription product and the only FDA cleared therapy (510k) for the restoration of vision loss from neurological damage. VRT is supported by 15 years of clinical research and over 20 studies including a 302 patient study in which notable improvements were seen in 70% of the patients. NeuroEyeCoach is also clinically supported being based on research that has been the subject of 14 clinical studies on a total of 591 patients and has FDA registration.

Commenting on the Company’s announcement, Peter Zachariou, CEO of Vycor, stated: “This has been a long time coming and has entailed an enormous amount of work from both our employees but also our scientific advisors and is a key milestone for NovaVision. We are now finally in a position to deliver our therapies to the large numbers of people who suffer vision loss as a result of neurological brain damage as a cost effective and complete therapy solution. I am convinced that this new therapy suite is the most robust, affordable and complete commercially available visual therapy solution targeted at this type of vision loss. This also represents the final step in moving NovaVision from being a development company to one focused on commercializing its unique suite of products. I would urge anyone who has had a stroke or brain injury and suffers from a visual disorder to contact us, we have numerous testimonials of patients for whom these therapies have literally changed their lives”.

There are approximately 8m stroke survivors in the U.S. with 795,000 strokes a year, and approximately 1.5m suffering some sort of Traumatic Brain Injury (TBI) annually; up to 30% of these suffer a resultant visual impairment, up to 20% permanently. In all, around 2.8 million Americans suffer from this type of vision impairment, which is largely unaddressed by the rehabilitation system. The impact on their daily lives is dramatic, and is the difference between a person being able to be home alone, cross the road unaided, drive, shop or read. The new therapy suite is targeted at this largely underserved group of people.

For an overview of NovaVision see NovaVision Video.

Rocky Mountain High Clothing Line Launched by Totally Hemp Crazy, Inc.


Rocky Mountain High Clothing Line Launched by Totally Hemp Crazy, Inc.

DALLAS, TX–(Marketwired – Jun 24, 2015) – Totally Hemp Crazy, Inc. (OTC PINK: THCZ) announced today the official launch of the exciting new Rocky Mountain High Clothing Company.

Rocky Mountain High Clothing Company was founded on the art, design and idea of Heidi Estep. The Fall 2015 line of clothing is centered around the growing hemp movement that has swept across the United States. The line was developed so that the clothing products can be mixed and matched with anything in your closet, focused on quality tailoring and materials, while hitting an affordable price point (most items are priced under $50). Every exciting design is all about where you are going, what you’re doing, what will flatter your body and make you feel fabulous.

Please visit http:// www.rmhclothing.com and enjoy a 20% discount on all orders when placed between today through Saturday when using the Promo Code: RMH4U.

Jerry Grisaffi, Founder of Totally Hemp Crazy, stated, “We have formed the Rocky Mountain High Clothing Company as a wholly owned subsidiary of THCZ and we are proud to have launched such a beautiful line of trendy clothing that attempts to embody the interests, attitudes and opinions of the hemp lifestyle. We are happy to announce that Heidi Estep will be the President of the newly formed division. Ms. Estep brings with her a creative mind in casual clothes designs and fun looking products.”

Heidi Estep remarked, “There will be free ground shipping for orders over $99 in the continental United States and there is also a Wholesale Portal on the new site for distributors and retailers who are interested in carrying the Rocky Mountain Brand of Clothing. We feel the new clothing line boasts innovative art-based graphics and is uniquely poised to connect firsthand with distinctive lifestyles and insights that will be deeply understood and embraced by our grassroots hemp loving customer base.”


About Totally Hemp Crazy, Inc.:

Our Mission is to be the premier Hemp-Infused Beverage Company in the World.

Visit our Corporate Website at: http://www.TotallyHempCrazy.com.

Visit our Clothing Site: www.rmhclothing.com

Visit us at our Facebook page: https://www.facebook.com/totallyhempcrazy

Visit us at Investor Hangout: http://investorshangout.com/Totally-Hemp-Crazy-Inc-THCZ-69150/
Investors Hangout is the only authorized Investors blog page for Totally Hemp Crazy.

Bit-X Financial Set to Launch Cryptocurrency Bitcoin Exchange June 29th


Bit-X Financial Set to Launch Cryptocurrency Bitcoin Exchange June 29th

PR Newswire

VANCOUVER, British Columbia, June 23, 2015 /PRNewswire/ — Bit-X Financial Corp. (BITXF), a digital currency bitcoin exchange and internet financial services company, today announced that its new exchange DIGATRADE™ is set to go-live June 29th and will operate under the domain www.digatrade.com.

DigaTrade™ will soft-launch on June 26th for exclusive users and investors that have previously registered at www.digatrade.com.  The on-ramp group will be the first to set up their accounts and complete the compliance verification process and start navigating our trading platform.

Brad Moynes, President of Bit-X Financial and DigaTrade™ stated; “The proprietary trading engine (powered by ANX technology), provides our customers with access to a shared liquidity order-book and proven industry partnerships will provide a smooth trading experience”.  “The simple trading interface combined with world class management of high volume, high throughput, low latency trading modeled on the same LMAX pattern now leveraged by the world’s largest Investment Banks makes DigaTrade™ an excellent choice for your digital asset portfolio”.

“We are delighted to offer both our expertise in cryptocurrency technology and ANX managed services to Bit-X Financial Corp.,” said Dave Chapman, Chief Operating Officer of ANX.  “The completely managed solution relies on a proven technology stack with the security assurance of a reputable and long serving exchange”.

ABOUT BITXF:

Bit-X Financial Corp is a Vancouver; British Columbia based Company listed on the OTC.QB under the trading symbol BITXF.  The Company owns and operates a digital currency exchange and internet financial services Company; [DIGATRADE™].  BITXF is a reporting issuer in the Province of British Columbia, Canada with the British Columbia Securities Commission “BCSC” and in the United States with the Securities Exchange Commission “SEC”.  The exchange will initially offer Canadian dollar payment processing via Electronic Funds Transfer “ETF”, and bank wire transfers followed by US dollar payment processing via credit cards including Visa & Mastercard.

Totally Hemp Crazy, Inc. Announces Record Breaking Quarter


Totally Hemp Crazy, Inc. Announces Record Breaking Quarter

Published: June 22, 2015 8:01 a.m. ET

DALLAS, TX, Jun 22, 2015 (Marketwired via COMTEX) —

Totally Hemp Crazy, Inc. (otc pink:THCZ) announced today that the Company has now recorded its largest quarterly revenues ever driven by brisk sales and a rapidly growing distribution base.
Below are several of the Landmarks for THCZ’s first full quarter of sales:

--  Record revenues for the current quarter ending June 30th
--  Four (4) flavors are now in the marketplace and consumers' hands
--  Online ordering from AMAZON.com, Ebay.com and Walmart.com
--  Twenty-one (21) distributors across the country are now selling the
    Rocky Mountain High hemp-infused beverages
--  Product coverage now spans across thirteen (13) states
--  Over 1,700,000 cans have been produced to date
--  THCZ is in discussion with several countries, and sample products have
    been shipped to these countries seeking distribution of the Rocky
    Mountain High products




Forward looking objectives for the next six (6) months:

--  Move to the OTCQB
--  Exceed the One Million Dollar mark in revenues this summer
--  Revenue objectives of sales over $4 Million by year end
--  Retail distribution across all of the continental United States
--  International Distribution of the Rocky Mountain High products
--  Launch of the Company's Rocky Mountain High clothing line
--  Introduction of exciting new hemp-infused products (food &
    beverage)
--  Signing of big box retailers to sell the Rocky Mountain High products
    both business-to-business and to consumers


“THCZ has come a long way in just a few short months of selling our Rocky Mountain High hemp-infused beverage products,” stated Jerry Grisaffi, Founder of THCZ. “We expect to sign a few more distributors before the end of this month, and we have our products in several foreign countries evaluating them for potential distribution agreements. Sales have been so brisk that a fourth production run is scheduled for July, and this will be the largest production run in Company history with an expected output of over one million cans.”

Shareholders are welcome to visit the corporate headquarters at 9101 LBJ Freeway, Suite 200, in Dallas, Texas by appointment only. Please contact Cheryl Koonz at (972) 833-1584 to schedule an appointment for the visit. Enjoy ice-cold Rocky Mountain hemp-infused drinks during your visit… and lunch is on us!

About Totally Hemp Crazy Inc.: 

Our Mission is to be the premier Hemp-Infused Beverage Company in the World.

Visit our Corporate Website at: http://www.TotallyHempCrazy.com.

Visit us at our Facebook page: https://www.facebook.com/totallyhempcrazy

Visit us at Investor Hangout: http://investorshangout.com/Totally-Hemp-Crazy-Inc-THCZ-69150/

Investors Hangout is the only authorized Investors blog page for Totally Hemp Crazy.

Wocket Smart Wallet: Mobile Security for a Mobile World


Wocket Smart Wallet: Mobile Security for a Mobile World

Wocket_article_cover_Bitcoinist

Wocket_article_2_BitcoinistWocket is the world’s first smart wallet. This new wallet offers users the chance to turn thousands of cards into just one WocketCard. Furthermore, Wocket uses biometric voice security to keep user information protected.

Wocket aims to protect users’ private information inside an electronic vault while reducing the number of cards in the users’ wallets. Furthermore, it may even be possible for Wocket to support a Bitcoin wallet.

Many products on the market rely on a smartphone app and internet connection. Wocket works by itself, no matter the situation. Wocket can even communicate with users’ phones or tablets using the Wocket app as a way to manage their accounts and update Wocket’s firmware.

Wocket was designed with the ability to accessorize in mind. When you need to carry cash, you can slip one of the cash-holding accessories onto your Wocket. Wocket is the first smart wallet to support cash and other information, such as insurance cards or voter’s registration cards.

Extra Biometric Security

Wocket_article_1_BitcoinistWocket claims that its use of biometric and other patent-pending technologies makes its product the smartest wallet on the market. Your Wocket is biometrically locked to you and you alone. The smart wallet protects whatever information you store in on a tamper-proof, encrypted chip protected by one of 3 biometric recognition features:
voice match, face match and Biocloud (fingerprint).

The company believes the users should have full control over their information, so Wocket will not upload the user card data to a server, or store it on an insecure device such as your smartphone. NXT-ID Inc., the manufacturer, applies biometric technologies to ensure corporate security is consistently applied and maintained across a variety of mobile devices.

Using the Wocket Smart Device

Wocket was designed to be user-friendly and is pretty simple to use. Users can swipe all their favorite cards directly into Wocket using the included card reader. Barcodes and text, which can be found on things like loyalty and membership cards, can be entered manually into Wocket as well.
When making a purchase, users simply need to select their card via the touchscreen, remove the Wocket Card from the wallet and swipe it like a normal card. The Wocket Card will have your name and signature on it to verify your identity. If a merchant requires any specific card information, it can be displayed on the screen of the Wocket.

Other Features

Users will also be able to store all of their driver’s license information by swiping it into Wocket. However, the wallet will not display driver’s license photo. Wocket encourages users to carry their physical ID or license in the included card holder on the back of the wallet.

Wocket is already available for purchase now through the online store. The smart wallet costs around $229. Wocket’s size varies with accessories, but caters to the minimalist and the power user. The company stated that additional accessories will be announced and available later this year.

Wocket_article_3_BitcoinistWocket Smart Wallet and Bitcoin

The company accepts Bitcoin as payment, making us wonder if Wocket software would be capable of hosting a Bitcoin wallet To know more about this, we tried to contact NXT-ID, but received no response as of press time.

NXT-ID, Inc.’s CEO Gino Pereira Talks About the Wocket Smart Wallet on WABC Radio, New York City, June 20th


NXT-ID, Inc.’s CEO Gino Pereira Talks About the Wocket Smart Wallet on WABC Radio, New York City, June 20th

OXFORD, Conn., June 18, 2015 /PRNewswire/ —

NXT-ID, Inc. (NASDAQ:NXTD) (“NXT-ID” or the “Company”) a biometric authentication company focused on the growing mobile commerce market announces that its Wocket® smart wallet will be the topic of a featured segment on “Money on the Mark”, scheduled to air on WABC Radio (am770) in New York City June 20th.

The broadcast air- time for the extensive one hour interview will be from 7:00 to 8:00pm EST. NXT-ID, Inc.’s CEO Gino Pereira will be discussing its  innovative secure payment technology, Wocket, in addition to other company advances in the areas of m-commerce and biometric solutions. The program can be heard streaming worldwide on http://www.wabcradio.com (“Listen Live”).

WABC Radio is the #1 talk-radio station in America and is heard in 38 states and Canada.
CEO Gino Pereira said,” Now that Wocket® is commercially available to consumers; we are excited to have a venue like this to educate listeners to all of its benefits and features. Wocket acts like a personal vault, keeping all your payment information and identity secure. When you need a card, Wocket programs its single smart WocketCard to become any one of your stored cards. And unlike other technologies, it works without requiring your smartphone,”

Wocket® is the smartest wallet you’ll ever own. Designed to protect your identity and replace your old wallet, simply swipe and save your cards into Wocket once and they are immediately secured with pin and biometric voice print technology.  Without ever needing a smartphone, you can choose a card from the touch screen and Wocket programs its single, smart card (Wocket Card) to match your selection. From there, you just swipe as you normally would virtually anywhere that credit cards are accepted today.

All your credit, debit, loyalty, gift, ID, membership, insurance, medical information, passwords, and virtually any other information can be protected on Wocket®.

Buy the Wocket® at: http:// www.wocketwallet.com

See the full Wocket® FAQ at: http://wocketwallet.com/pages/faq
Product images are available for media at: http://press.nxt-id.com

About WABC:

WABC, Breaking News & Stimulating Talk: from its heyday as the pioneer of Top 40 radio, to its success as the most-listened-to talk radio station in the country, WABC continues to reflect the spirit, energy, and excitement that is New York! http://www.wabcradio.com

About NXT- ID Inc. – Mobile Security for a Mobile World: (NXTD) 

NXT-ID, Inc.’s innovative MobileBio® solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio® suite of biometric solutions that secure consumers’ mobile platforms led by Wocket®; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. Wocket was recognized as one of the top technology products at CES 2015 by multiple media outlets including Wired.com. The Wocket works most anywhere credit cards are accepted and only works with your biometric stamp of approval or passcode. http://www.wocketwallet.com/

NXT-ID’s wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com/, http://3d-id.net/

‘Smart’ wallets go on the market


‘Smart’ wallets go on the market

 A local technology company has made available its addition to the growing number of “smart” accessories aimed at making life more convenient

NXT-ID, an advanced biometric and security technology development company, began selling its Wocket Smart Wallet to the public on June 1. The company, whose headquarters are in Oxford after moving from Shelton last year, has begun shipping the smart wallets from its production facility in Florida.

The company, which trades publicly on the NASDAQ exchange under the symbol “NXTD,” has not released sales numbers, but executives said they are pleased.

“There have been good numbers,” said Gino M. Pereira, NXT-ID’s president and CEO. “We are very pleased with the numbers of those purchased since they have become available.”

The Wocket, which can be purchased online for $229, was available for pre-order prior to the June 1 opening, and those have shipped and have received positive reviews, according to Pereira.

“We have a good backlog of interest in the company and in the product, so we expect that the product will ship approximately 30 days after they purchase the Wocket,” Pereira said. He added that customers will not be charged for the smart wallet until after it ships.

The Wocket works by imprinting the contents of any card — credit, debit, loyalty, gift, and others — onto a single card that can be programmed to be used just as the original would.

The company sees a few key groups as their primary customers, including people who are concerned about identity theft and those who are interested in new tech gadgets. The company also hopes to expand to larger audiences because of its straightforward purpose.

“People are just buying it on a practical basis,” Pereira said. “They are so fed up with their big wallets, so now they can put all they carry around into the Wocket and have it in a smaller and more secure format.”

In an interview in January, Pereira said he does not see the Wocket in competition with Apple Pay, Apple’s contactless payment method, which was introduced last year and reached the million-user mark within three days, according to company officials.

However, at the Apple Worldwide Developers Conference in San Francisco on Monday, the company released updates to Apple Pay that closely align with some of the Wocket’s features by merging rewards program cards from Dunkin’ Donuts, Panera Bread and Walgreens, among others, and storing them digitally in Apple Pay.

Nonetheless, Pereira hopes for a future where the smart wallet is the norm, not the exception.
“We hope that it becomes widely accepted. We aim to continue developing and making it better and better, and ultimately our goal is for someone to be able to use it securely anywhere in the world,” he said.

Totally Hemp Crazy Inc. Appoints Southern California Distributor


Totally Hemp Crazy Inc. Appoints Southern California Distributor

Marketwired

DALLAS, TX–(Marketwired – Jun 11, 2015) – Totally Hemp Crazy Inc. (OTC PINK: THCZ) announced today that Avanzar Sales & Distribution, LLC has been appointed as the Southern California Rocky Mountain High distributor.

Bill Juarez, President of Avanzar, has consistently demonstrated an innovative vision and has taken Avanzar from startup to the ‘Go-To Guy’ brand incubator for new product introductions in Southern California.

Mr. Juarez’s resume includes Managing Partner of Energized Distribution. He helped lead the Company from infancy to the widely recognized gold standard for Red Bull Distribution in North America generating revenues in excess of $70MM annually while directing a staff of 150 plus employees.

In addition to the Red Bull business, Mr. Juarez and his team at Energized worked closely with other major suppliers to help develop and incubate new brands including Nestle, Fuze, Izze, Honest Tea, Muscle Milk, Vitamin Water, Function and Street King Energy Shot.

As an employee of Red Bull North America, he was instrumental in the development of the Red Bull dedicated distribution system consulting with hundreds of Red Bull distributors since 1998 to create, train and implement the system nationally.

Mr. Juarez stated, “We are very confident that our distribution strategy is right for the Rocky Mountain High brand and the Southern California marketplace. Our business model allows for our initial group of retailers to have easy access to additional product while always keeping an eye towards quick expansion once a certain level of retail saturation has been achieved and proof of concept has been established. We are anxious to start presenting the brand to our numerous retail clients and look forward to a long and prosperous relationship with THCZ as their appointed Southern California Distributor.”

Jerry Grisaffi, Founder of THCZ, said, “This is an extraordinary and significant partnership for our company and the marketing model they have planned for the greater Los Angeles area will certainly become a blueprint for expansion in other large metropolitan areas across the country. With Tom Shuman’s expertise in the beverage market and Avanzar’s proven ability to nurture emerging beverage brands, we are confident Rocky Mountain High will reach significant saturation in Los Angeles and beyond.”

About Avanzar: 

Headquartered in Brea, California, Avanzar Sales and Distribution specializes in working with early stage, fast moving consumer brands to develop and implement sales and distribution strategies. The Company operates a full service brokerage, which includes account management, trade development and logistics services as well as in house Direct Store Delivery (DSD) operations throughout Southern California. Avanzar distributes products to some of the most trusted retailers in the United States, including Kroger, Albertsons, HEB, Golub (Price Chopper), Whole Foods, Walgreens, 7-Eleven, Tesoro, Circle K, Chevron, Kmart, Walmart, Stater Bros., Gelson’s and Winco. Avanzar as a majority owned subsidiary of Level 5 Beverages, Inc., which is a wholly owned subsidiary of Minerco Resources, Inc.

Visit Avanzar on Facebook: https://www.facebook.com/AvanzarSales/info?tab=page_info

About Totally Hemp Crazy Inc.:

Our Mission is to be the premier Hemp-Infused Beverage Company in the World.

Visit our Corporate Website at: http://www.TotallyHempCrazy.com.

Visit us at our FaceBook page: https://www.facebook.com/totallyhempcrazy

Visit us at Investor Hangout: http://investorshangout.com/Totally-Hemp-Crazy-Inc-THCZ-69150/

 Investors Hangout is the only authorized Investors blog page for Totally Hemp Crazy.
For information to become a Rocky Mountain High distributor or retailer: jason@totallyhempcrazy.com

Vycor Signs Agreement With HealthSouth for Second NovaVision Therapy Product


Vycor Signs Agreement With HealthSouth for Second NovaVision Therapy Product

BOCA RATON, Florida, June 8, 2015 /PRNewswire/ — Vycor Medical, Inc. (“Vycor”) (OTCQB: VYCO), a provider of innovative and superior surgical and therapeutic solutions, announced that it has entered into an agreement with HealthSouth Corporation (HLS) to make available its NeuroEyeCoach Professional Center therapy program to participating HealthSouth hospitals, following a 3-month trial of the therapy in two HealthSouth locations.
NeuroEyeCoach is NovaVision’s eye movement compensation therapy for those patients who have suffered a cerebral visual field disorder as a result of a stroke or brain injury and is designed to improve a patient’s ability to scan their environment more efficiently. The program is based on several decades of scientific research pioneered by Professor Josef Zihl at the Max Planck Institute in Munich that has been the subject of numerous clinical studies. Participating HealthSouth hospitals will use the program to treat patients while in their care. In contrast to other clinic-based saccadic programs, NeuroEyeCoach is a full-course therapy dedicated to cerebral visual field disorders and can be continued by the patient in their home environment.
This agreement follows the approval by HealthSouth in late 2014 to make available its VIDIT diagnostic to their hospital network and NovaVision is installing devices into this network. The NovaVision VIDIT is the diagnostic component of the Company’s Vision Restoration Therapy (VRT) and is used to perform high-resolution visual field tests to screen for central visual field deficits commonly associated with stroke or brain injury. The ability for Health South physicians to be able to quickly identify visual disorders through the effective screening program is highlighted by the fact that approximately one-third of stroke or other brain injury patients suffer from a neurologically induced visual disorder and if this deficit goes undetected it may adversely impact other rehabilitation modalities. Early detection and treatment are critical steps towards improving overall patient care, a key objective of HealthSouth.
Once diagnosed, patients are able to be treated in-clinic with NeuroEyeCoach and referred to NovaVision for treatment following discharge at home using VRT, which is the only FDA cleared clinically supported therapy targeted at the restoration of lost vision resulting from neurological brain damage such as that resulting from stroke.
HealthSouth (www.healthsouth.com) is one of the largest providers of post-acute healthcare services in the U.S. These two agreements therefore provide NovaVision with a source of installation and rental income but equally as important is a potentially large source of patients; most stroke patients will touch a rehabilitation center at some point and HealthSouth is the largest network of stroke rehabilitation hospitals in the U.S.
This announcement follows NovaVision’s press release in March that it had completed development of VRT 7.0, re-engineering the therapy to be internet-delivered and streamlining business process to enable a significant reduction in cost to the patient. NovaVision will provide VRT and NeuroEyeCoach in one therapy suite. NovaVision will very shortly be commencing accepting patients with the new therapy suite which is considered by management to be the most affordable, clinically supported, comprehensive therapy suite available on the market to address visual disorders arising from stroke or brain injury.
About Vycor Medical, Inc.
With corporate headquarters in Boca Raton, FL, Vycor Medical, Inc. (“Vycor”) is a publicly traded company (OTCQB: VYCO) dedicated to providing the medical community with innovative and superior surgical and therapeutic solutions and has a growing portfolio of FDA cleared medical solutions that are changing and improving lives every day. The Company operates two business units: Vycor Medical and NovaVision, both of which adopt a minimally or non-invasive approach. Both technologies have exceptional sales growth potential, address large potential markets, have the requisite regulatory approvals and are commercialized and generating revenue.
Vycor Medical’s ViewSite™ Surgical Access Systems (VBAS) is a suite of clear cylindrical minimally invasive disposable devices that hold the potential for speedier, safer and more economical brain surgeries and a quicker patient discharge.  VBAS is designed to optimize neurosurgical site access, reduce patient risk, accelerate recovery and add tangible value to the professional medical community. The company is ISO 13485:2003 compliant, has U.S. FDA 510(k) clearance for brain and spine surgeries and full regulatory approvals for brain in Australia, Brazil, Canada, China, Europe (EU – Class III), Korea and Japan and is seeking or has partial regulatory approvals in India, Russia, Taiwan and Vietnam. For an overview of Vycor Medical’s VBAS see VBAS Video.
NovaVision develops and provides science-driven neurostimulation therapy and other medical technologies that help improve and partially restore sight in patients with neurological vision impairments. The company’s proprietary Visual Restoration Therapy® (VRT) platform is clinically supported to improve lost vision resulting from stroke, traumatic brain injury (“TBI”), or other acquired brain injuries. VRT is the only FDA 510K cleared medical device in the U.S. aimed at the restoration of vision for neurologically induced vision loss and can be prescribed by any physician. VRT also has CE Marking for the EU. NovaVision also provides Neuro Eye Therapy (NeET) in the EU, aimed at increasing visual sensitivity deep within the field defect.
The Company has also developed NeuroEyeCoach™, a therapy which is highly complementary to VRT™. The two therapies address different visual disabilities each of which results from neurologically-induced vision loss – a loss of visual field as well as difficulty with eye movement, affecting the ability to integrate visual information. VRT provides partial restoration of the patient’s lost visual field; NeuroEyeCoach™ is designed to increase the efficiency of eye movement and re-train the patients’ ability to integrate visual information between the left and right hand side. For an overview of NovaVision see NovaVision Video.
For the latest information on the company, including media and other coverage, and to learn more, please go online at www.vycormedical.com, www.vycorvbas.com or www.novavision.com.