NICE Recovery Systems has filed a notice of an exempt offering of securities to raise $3,500,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, NICE Recovery Systems is raising up to $3,500,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Michael Ross played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About NICE Recovery Systems
Nice Recovery Systems manufactures the NICE1 Cold + Compression Therapy Device. NICE1 uses advanced technology to greatly improve the convenience and efficacy of cold + compression therapy without ice. Nice Recovery Systems was founded in 2012 by Michael Ross, a serial entrepreneur and avid skier. In 2011 Michael decided to move to Colorado to be closer to the mountains and pursue his passion for ski racing. A gnarly high-speed crash cut Michael’s racing career short and led to multiple knee surgeries and a full year of recovery. A critical part of Michael’s recovery was cold + compression therapy. He tried all the available solutions on the market – Game Ready, DonJoy, Breg Polar, etc. — but found that they were poorly designed, too heavy and totally inconvenient due to their reliance on ice. Michael set out to develop a small, lightweight cold + compression therapy device that would be extremely easy to use and able to provide personalized therapy based on user or physician preferences. Most importantly, the device would provide cold therapy without the need for ice. Michael extensively researched different cooling technologies and worked closely with top orthopedic surgeons to define the exact requirement. He then spent 3 years developing, perfecting and executing the vision.
To learn more about NICE Recovery Systems, visit http://nicerecovery.com/
NICE Recovery Systems Linkedin Page: https://www.linkedin.com/company/nice-recovery-systems/
Contact:
Michael Ross, Chief Executive Officer
888-815-9907
https://www.linkedin.com/in/michaelross6/
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