SAN CLEMENTE, Calif., Feb. 4 /PRNewswire/ -- To say that LifeModeler, Inc. (LMI) bucked the prevailing trend and posted a series of successes in 2008 that are providing a platform for even greater accomplishments this year, wouldn't quite be telling the whole story. This past year will actually be considered the most formative for the young company, as it literally expanded its presence in every category--from revenue and customer growth, to staff enhancement, to university teaching programs, and even to helping put men on Mars.
It also launched--and quickly closed--an outside funding offer that was oversubscribed within weeks.
As the leading global provider of biomechanical human body simulation tools and services, LMI is well-positioned to grow its business in an otherwise down economic environment. The company, by relying on highly sophisticated proprietary biomechanical engineering software, has focused on providing the leading medical device makers of human joint replacements with a quicker, more complete method of product development.
Millions of adults each year cross that boundary where joint replacement surgeries are less a "want" than a "need." Keeping pace with people's desire to maintain a high degree of mobility for active sports involvement--or just basic mobility--is a task that the major device makers take seriously.
LMI works with five of the top six orthopedic companies, and they are intent on enabling an aging population to "gracefully adjust to the realities of physical stresses placed on joints," said LMI's CEO and founder, Shawn McGuan.
Replacement joint development, and subsequent production, is a costly undertaking. LMI's unique software allows product designers to perform "virtual prototyping," essentially evaluating new product concepts in a validated, computer model of a human body--before they undertake expensive physical prototype development.<
|SOURCE LifeModeler, Inc.|
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