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December 1, 2011

The Federal Circle announces An Advisory Engagement with 
Life Recovery Systems

The Federal Circle has been engaged by Life Recovery Systems to assist it in four areas – pursuit of SBIR funding for product development, business development, team building and financing. Dr. Smith, TFC’s Managing Partner said of the engagement, “Life Recovery Systems is engaged in truly life-saving work. Their therapeutic hypothermia technology rapidly and effectively cools patients much more rapidly than competing approaches by using direct water on skin contact. As a result, patients are given a much better chance of surviving a wide range of potentially lethal conditions. We are proud to be engaged with a company doing such important work.”

ABOUT LIFE RECOVERY SYSTEMS

Life Recovery Systems focuses on ground breaking, innovative medical devices for the emergency medical care market. The company has a strong management team lead by interventional cardiologist Dr. Robert Freedman who is also the founder and managing partner of Freedman Memorial Cardiology in Alexandria, LA.  “We are looking forward to working with the Federal Circle as we strive to expand the use of this unique and powerful life-saving technology”, Dr. Freedman recently commented.

Life Recovery’s VP of Research and Development is Robert Schock. He has a Ph.D. in Biomedical Engineering, and has over 20 years of experience leading R&D groups in cardiac assist, critical care and anesthesia.  Dr. Schock has recently noted, “We have already seen our first-generation patient cooling device save many lives.  As we expand our product offerings, we remain true to our mission of saving and preserving the quality of lives.”

The Company has developed a proprietary technology for rapid noninvasive patient cooling, which is currently on the market as the first-generation ThermoSuit® System (TSS).  The ThermoSuit System reduces the patient’s core body temperature with a thin film of ice water that is circulated over the patient’s body until the target temperature is reached.  

The key advantage of this patented method is the rapid cooling rate that it provides. The ThermoSuit System cools the body within 20-30 minutes, which is at least two hours faster than most other methods. The importance of faster cooling is gaining increased recognition as new clinical data are becoming available. The most recent clinical results from the Minnesota Heart Institute, presented at the Scientific Sessions of the American Heart Association held in November, 2011, demonstrated that even a 30 minute delay in achieving target therapeutic temperatures significantly reduced the chances of a good brain recovery with certain types of patients.

The ThermoSuit® technology, currently in use in hospitals around the country, was developed with the assistance of SBIR funding from the National Heart, Lung, and Blood Institute of NIH.  It is the only product that utilizes the approach of thin film liquid convection cooling.  The company is planning to advance its core of technology into new applications, including a portable system for battlefield and pre-hospital use, as well as other types of products for emergency medicine.  The field of therapeutic hypothermia is rapidly expanding into new indications, and LRS is committed to the development of cooling products that will best serve critical needs in both domestic and military applications.

ABOUT THE FEDERAL CIRCLE

The Federal Circle is a DC-area senior advisory firm. Our team of highly experienced and well connected professionals is drawn from a wide range of disciplines. We bring substantial assets to the table and engage with companies that are well positioned for growth. It brings deep experience and a wide range of high-level contacts to every advisory engagement. It pulls together custom designed teams which assist management, board members and shareholders to successfully meet the major challenges that dominate this highly dynamic and volatile economy. The Federal Circle provides Advisory  in five major areas. Situational Assessment, Facilitated Strategic Planning, Coaching, Red-Teaming and Advisory Boards as Business Development Engines.

CONTACT INFORMATION

THE FEDERAL CIRCLE
Dr. Earl R. Smith II, Managing Partner
(202) 337-4473    DrSmith@TheFederalCircle.com

LIFE RECOVERY SYSTEMS
Dr. Robert Freedman, Founder and CEO
(973) 283-2800    rjfree@centurytel.net

LRS will exhibit its rapid patient cooling device, the ThermoSuit® System at the Annual Scientific Sessions of the American Heart Association in Orlando, FL, Nov. 13-15th , Booth No. 1813. A number of new reports will be presented that discuss the importance of rapid induction of therapeutic hypothermia, including: 

RESS Presentation 41: Dr. Paul McMullan of the Ochsner Clinic will present a new clinical report entitled, “Liquid Convection Surface Cooling Leads to a High Rate of Recovery of Post-VT/VF Patients”.
AHA Presentation 10614: The Minneapolis Heart Institute will present their new clinical report entitled “Therapeutic Hypothermia: Delay in Reaching Target Temperature Diminishes the Odds of Good Cerebral Performance Post-Cardiac Arrest”.

LRS encourages attendees of the AHA Meeting to attend these and other sessions related to therapeutic hypothermia, and to visit booth 1813 for a demonstration of its rapid patient cooling device, the ThermoSuit® System.

o   RESS Presentation 41: Dr. Paul McMullan of the Ochsner Clinic will present a new clinical report entitled, “Liquid Convection Surface Cooling Leads to a High Rate of Recovery of Post-VT/VF Patients”.  This new report will present the results from four hospitals in their use of the ThermoSuit System.

o   AHA Presentation 10614: The Minneapolis Heart will present their new clinical report entitled “Therapeutic Hypothermia: Delay in Reaching Target Temperature Diminishes the Odds of Good Cerebral Performance Post-Cardiac Arrest”.

Come to our booth and see a demonstration of our rapid patient cooling device, the ThermoSuit® System.

Visit Life Recovery System & learn about ThermoSuit Nov 12-15 booth 1813 @Resuscitation Science Symposium Meeting: http://ping.fm/hHwag

ThermoSuit by Life Recovery Systems makes the top 5 List.  Visit this link to read the entire article.

A body-cooling suit

Medical Design Excellence Award winner of 2009, the ThermoSuit System (TSS) from Life Recovery Systems (LRS), is a rapid non-invasive patient cooling device.  The company’s founders Robert Freedman Jr and Dr Robert Schock developed the product after realising the existing treatment was inadequate and that rapid cooling could improve outcomes of critically ill patients.

The TSS is designed to be easily and quickly applied by nursing staff and can cool the core temperature to 32–34°C in 30 minutes or less.

Strong clinical results, presented at the American Heart Association Scientific Sessions, demonstrated the positive impact that TSS could have on patients. “We are very happy to see such favourable clinical results in the centres using the ThermoSuit System so far,” says Dr Schock. “This is a fulfillment of the mission Dr Freedman and I have had since founding Life Recovery Systems.”

The ThermoSuit® Advantage

Easy to Use:  The system is portable and easy to set up and initiate by the nursing staff. On-screen graphics display the current status of the system and the progress of the cooling process. When finished, the suit is discarded.

Fast:  In a matter of minutes, the entire body is cooled to the optimal target temperature.  Non-Invasive Surface cooling is achieved by circulating ice water directly over the patient’s skin.

Maximum Control:  Level control valve automatically monitors fluid level and purges coolant when target temperature is achieved.

Mistake-Free:  Automatic safety checks are an integral part of the design to eliminate errors, and the possibility of over-cooling.  Temperature probe monitors and controls the patient’s temperature during the entire cooling process.

No Bed Sores:  Patients are not tied to the system. The patented inner sling internal support surface inflates to surround and cradle the patient’s body.

Easy Access to Patient:  Removable top sheet contains integrated flow channels and allows access to the patient during the cooling process.

No Hospital Should be Without The ThermoSuit® System!