 Our Strategy:
Women currently represent approximately 51% of the U.S. population, and they spend approximately 66% of every healthcare dollar and make 3 out of 4 household healthcare-related decisions. We believe that the healthcare sector has begun to recognize women's health as a distinct and focused industry segment. We, therefore, are strategically positioning ourselves to benefit from what we believe is a major long-term economic trend favoring providers of women's health products.
Our primary objective is to make medical testing and treatment more convenient, affordable, available and psychologically comfortable for women. We believe our products will encourage women to take more personal responsibility for their health care by encouraging them to take an active role, along with their physicians, in monitoring and improving their health. We intend to provide women with tools that will facilitate earlier and more effective medical testing, resulting in earlier, more effective and less costly medical intervention -- a win-win-win situation for women, their physicians and their insurance providers.
We believe the healthcare industry is becoming more consumer-directed, particularly in the field of diagnostic testing. Accordingly, we believe that we must be operationally flexible so we can respond quickly and effectively to changes in consumer market demand. We plan to achieve operational flexibility and leverage our resources through alliances, agreements and other relationships of varying duration, with institutions and organizations possessing specific expertise and favorable economies of scope and/or scale.
GyneConcepts, a privately-held company, was incorporated in Arkansas in November 1994 as GyneTech, Inc. and reorganized in Delaware by merger in February 1995. We changed our name to GyneConcepts Inc. in September 1997, and our principle offices were relocated to Atlanta, Georgia in 2008.
Our Board:
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Elizabeth B. Klein - Served as an Area and Regional Director for KinderCare Learning Centers from 1966-1985 with responsibilities for site selection, building construction, financing as well as direct responsibiities for over 500 centers and staff. Is co-owner since 1984, Secretary and Treasurer of Medical Associates Hair Transplant Surgery Centers ("Medical Associates"). Medical Associates has offices in Atlanta and Chattanooga and Betty has chief responsibility for financial and administrative affairs for that company. She is active in many community affairs, including being a recipient of The Community Service Award for the State of Georgia and The National Jefferson Award for volunteerism. Betty served as Secretary/Treasurer of GyneConcepts from 2007-2008, becoming acting CEO of GyneConcepts in December, 2008.
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Erwin Skibell - Acting Secretary/Treasurer of GyneConcepts. He is retired after 37 years in the dental industry with experience in marketing, sales, design and management in the Southeast United States. Erwin earned a Bachelor of Science Degree in Electrical Engineering from the University of Texas Austin.
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William H. Cox, D.O., P.C. - Dr. Cox is a licensed osteopathic doctor, practicing in the Atlanta area. Dr. Cox is a member of the American College of Osteopathic Family Practitioners and a past member of the Board of Trustees of Doctors Hospital in Tucker, Georgia. In his practice, Dr. Cox regularly administers pap smear tests and is familiar with the technology, practice and problems faced by patients that the Company's technology seeks to address. He has served as a Board Member for two years.
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Phil Klein - Founder, co-owner and president of Medical Associates Hair Transplant Surgery Centers ("Medical Associates") since 1984. Medical Associates has offices in Atlanta and Chattanooga. Phil has twenty-five years experience in advertising and promotions and for 20 years was owner, President and Director of an advertising and public relations agency. He received his Bachelor Degrees in Fine Arts as well as Industrial Design from the University of Oklahoma Norman. Phil has served as a Board Member for two years.
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Charles "Charlie" Lucher - Corporate account executive with Honeywell International in Houston, Texas. He brings 15 years of experience in pricing negotiations working with lawyers and financial analysts. He has been instrumental in raising capital for GyneConcepts for many years. Charlie earned a Bachelor of Communications Degree from the University of Texas Austin.
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David Gross - David has extensive legal experience and practices in Austin, Texas. He received his Bachelor of Arts Degree in 1977 from the University of Texas Austin and is a member of the Travis County Bar Association and serves on the Administrative Law and Energy Law Sections of the State Bar of Texas. He has been a member of the Board since July, 2010.
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