September 20, 2014 5:32 AM ET

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Company Overview of X2 Biosystems, Inc.

Company Overview

X2 Biosystems, Inc. develops systems for the management of sport brain injury. It offers head impact monitoring systems for helmeted and non-helmeted sports. The company provides custom fitted or boil-and-bite protective mouth-guards for helmeted sports; and low profile adhesive patches for non-helmeted sports that hold sensor pods behind athlete’s ear. Its products are used in men’s and women’s contact, gravity, and motor sports; by football, soccer, hockey, and lacrosse athletes; and in more sports and military uses. The company was founded in 2010 and is based in Seattle, Washington.

1927 Post Alley

Suite 200

Seattle, WA 98101

United States

Founded in 2010

Key Executives for X2 Biosystems, Inc.

Chief Executive Officer and Director
Founder and Chief Technology Officer
Founder and Chief Marketing Officer
President of Government & Industrial Division and Chairman of Military Advisory Board
Chief of Clinical Affairs
Compensation as of Fiscal Year 2014.

X2 Biosystems, Inc. Key Developments

X2 Biosystems, Inc. Appoints Major General Stephen Layfield as President of the Company's Government and Industrial Division

X2 Biosystems announced the appointment of Major General Stephen Layfield as President of the company's Government and Industrial Division. Major General Layfield (Ret.) will play a key role in advancing the company's growth and profitability within the Government and Industrial Division. Major General Layfield is a proven military leader and a highly accomplished strategic planner. His depth of knowledge and experience will be a true asset in driving adoption of X2 Biosystems' technology within the military and industrial communities. Major General Layfield (Ret.) brings more than 30 years of senior leadership, training, and command experience to his position. In addition to his multiple operational deployments, Major General Layfield (Ret.) has managed the training and development of diverse American and multi-national organizations of up to 42,000 personnel.

X2 Biosystems Partners with Soccer's Elite Clubs National League to Tackle Concussion Care

X2 Biosystems announced that it has become an Official Partner of the Elite Clubs National League (ECNL) to supply its Integrated Concussion Evaluation (ICE) software system for use by select member teams during the 2014-2017 soccer seasons. ICE is a component of X2 Biosystems' unique, integrated concussion evaluation system, which monitors impact events, promotes adherence to standards of care, coordinates return to activity, and makes an important contribution to the understanding of both acute and long-term brain health outcomes. The touch-screen system creates a durable medical record and adds a level of objective precision in assessing concussive events and other traumatic brain injuries. It delivers a superior technology that is both sensitive and robust with the portability, simplicity and ease-of-use that is ideal for soccer players and the demanding conditions of practice and team play. ECNL teams participating in its introduction will use the X2 ICE system for games and practices. ECNL recently debuted the software at the 2014 ECNL National Playoffs in Seattle, Washington. ECNL believed that adoption of X2 Biosystems' technology represents an important step forward in the ECNL's continuing efforts to create the safest possible playing environment for female youth soccer. X2 Biosystems believed that the ECNL endorsement of its landmark systems is a logical expansion of its efforts to partner with the soccer community following the adoption of X2 Biosystems' technology by Major League Soccer earlier this year. ECNL's endorsement is expected to help drive growing adoption of the company's advanced concussion management system. In addition to ECNL, X2 Biosystems is currently working with all 32 NFL teams, Major League Soccer, and other professional and amateur athletic organizations.

X2 Biosystems, Inc. Appoints Howard Green as New CEO and Member of Board of Directors

X2 Biosystems, Inc. announced changes to its leadership team to accelerate the company's plan for profitable growth and accelerated product line expansion. Effective immediately, Howard Green will assume the role of chief executive officer and board of directors member. Green has provided executive level consulting for a number of notable clients, including Intel, SRI International, Interval Research (a Paul Allen venture), Nokia, Solectron (now Flextronics), and a number of early stage companies. He also authored Sprint's first marketing plan and led market development at IBM for Southeast Asia.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
April 7, 2014
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Private Placement
December 19, 2013
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