SOURCE: NTEC

November 24, 2008 10:00 ET

NTEC's Program Company ERGONURSE Growing as Major Hospitals Placing Increased Number of Orders

ERGONURSE's EZ-LIFT™ Device Allows Caregivers to Move Bedridden Patients Safely and Quickly

FRISCO, TX--(Marketwire - November 24, 2008) - The North Texas Enterprise Center for Medical Technology (NTEC), a business accelerator for medical device and healthcare related technology firms, announced today that ERGONURSE, an NTEC program company, is experiencing a steady increase in market penetration as hospital orders for its EZ-LIFT™ devices rise.

The ERGONURSE EZ-LIFT™ is a true no-lift device that allows an individual caregiver to safely and quickly perform all the on-bed patient movement functions for a total care patient or obese patients weighing up to 500 pounds. The ERGONURSE EZ-LIFT™ is in use at several hospitals in Texas and the number continues to grow. Using the ERGONURSE EZ-LIFT™ is cost effective for the hospitals because it eliminates costly back and shoulder injuries to caregivers and prevents bedsores on patients.

"ERGONURSE EZ-LIFT™ is a rising star in our portfolio of companies here at NTEC," said Larry Calton, Executive Director of NTEC. "The market for effective patient handling equipment is currently estimated to be $3 billion. Market size, changing legislation and word-of-mouth from ERGONURSE's increasing installed base is enabling the company to grow revenues at a rapid pace while also attracting the needed investor capital to sustain expansion."

According to the American Hospital Association (AHA), there were 5,747 hospitals in the U.S. in 2006 with over 947,000 staffed beds. In addition, the Veteran's Administration had another 165 hospitals with 25,000 beds. Combined, there are a total of 972,000 acute care beds in U.S. hospitals.

"The need for ERGONURSE EZ-LIFT™ is greatest in units such as medical/surgical, intensive care, critical care and long-term care where a high percentage of the patients are designated total care," said David Stiles, President of ERGONURSE. "These types of units make up approximately half of the beds in a hospital."

ERGONURSE is currently in pursuit of investment capital to fund expansion of their manufacturing, sales and customer support operations.

ABOUT NTEC

The North Texas Enterprise Center for Medical Technology (NTEC), a 501(c)3 not-for-profit organization based in Frisco, Texas, was founded to assist entrepreneurs with the challenging task of starting and growing a new medical technology company that will add economic value, technology jobs and breakthrough healthcare product innovations to the area. Founded in 2002, the Center provides a broad base of support to entrepreneurs both internally and through an extensive support network. Operating as a business accelerator, NTEC's core mission is to identify, mentor and grow promising entrepreneurial medical technology companies, with special emphasis in the medical device and healthcare related information technology (IT) industries. For more information visit NTEC at www.ntec-inc.org.

Contact Information

  • MEDIA CONTACTS

    Hubert K. Zajicek, MD, MBA
    Director
    NTEC
    2611 Internet Blvd, Suite 109
    Frisco, Texas 75034-9085
    (O) 972.987.1403
    (M) 214.893.5166
    Email Contact
    www.ntec-inc.org

    Dave Stiles
    President
    ERGONURSE
    2611 Internet Blvd, Suite 109
    Frisco, Texas 75034-9085
    (O) 214.598.0060
    Email Contact
    www.ergonurse.com

    Howard LaMunion
    The ConsulttUs Group
    Public Relations For NTEC
    (M) 214-601-0977
    Email Contact