Invacare Launches Highly Anticipated TDX SP2 Power Wheelchair with LiNX Technology and Advanced Positioning

Category:

Tuesday, August 15, 2017 7:30 am EDT

Dateline:

ELYRIA, Ohio

Public Company Information:

NYSE:
IVC
"The highly anticipated launch of the TDX SP2 power wheelchair is the biggest sign yet of our reinvigorated product pipeline, and our focus on bringing increasingly novel solutions for clinically complex needs"

ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) today announced the global launch of the Invacare® TDX® SP2 Power Wheelchair with LiNX® Technology and Motion Concepts Ultra Low Maxx Positioning System.

The TDX SP2 power wheelchair is the newest Invacare-branded power wheelchair offering in North America building on the long-standing heritage of the leading TDX family of power wheelchairs. It is available for order immediately. In North America, the company will build this product at its Taylor Street manufacturing facility in Elyria, Ohio. For European customers, the product will be assembled in Germany.

“The highly anticipated launch of the TDX SP2 power wheelchair is the biggest sign yet of our reinvigorated product pipeline, and our focus on bringing increasingly novel solutions for clinically complex needs,” said Matthew E. Monaghan, chairman, president and chief executive officer. “Our rehab sales team is armed with great solutions to address a broad range of end-user and provider needs. The TDX SP2 with LiNX technology should help enable long-term revenue growth for the company and allow our customers to provide great service cost-effectively, all while improving the quality of life for end users.”

Monaghan continued, “The TDX SP2 with LiNX technology is like having the first smart phone in the industry. This is revolutionary technology that allows high-end complex rehabilitation needs to be met with exceptional functionality and ease of use. The LiNX electronics system includes a touch screen display, wireless programming, and remote monitoring for better clinical evaluations, easy, intuitive programming and great connected functionality for providers.”

The TDX SP2 power wheelchair base builds on several of Invacare’s core patented technologies, including SureStep® suspension, Stability Lock and G-Trac tracking technology, which ensure smooth driving and maneuverability. The Ultra Low Maxx power positioning from Invacare’s Motion Concepts subsidiary creates a highly adjustable, modular system, which allows providers and therapists to create a seating, positioning and driving experience that delivers comfort and support for the end user. Developed by incorporating extensive user insights, LiNX Technology is available across a full lineup of drive controls, ranging from simple drive-only remotes (REM110) to a remote with a sleek, Enhanced Rehabilitation Touch Screen (REM400) or Standalone Display Module (REM500).

For more information on the Invacare TDX SP2 power wheelchair, LiNX Technology or Motion Concepts Ultra Low Maxx Power Positioning, visit www.invacare.com/rehabredefined.

About Invacare Corporation

Invacare Corporation (NYSE: IVC) is a leading manufacturer and distributor in its markets for medical equipment used in non-acute care settings. At its core, the company designs, manufactures and distributes medical devices that help people to move, breathe, rest and perform essential hygiene. The company provides clinically complex medical device solutions for congenital (e.g., cerebral palsy, muscular dystrophy, spina bifida), acquired (e.g., stroke, spinal cord injury, traumatic brain injury, post-acute recovery, pressure ulcers) and degenerative (e.g., ALS, multiple sclerosis, chronic obstructive pulmonary disease (COPD), elderly, bariatric) ailments. The company's products are important parts of care for people with a wide range of challenges, from those who are active and involved in work or school each day and may need additional mobility or respiratory support, to those who are cared for in residential care settings, at home and in rehabilitation centers. The company sells its products principally to home medical equipment providers with retail and e-commerce channels, residential care operators, distributors and government health services in North America, Europe and Asia/Pacific. For more information about the company and its products, visit Invacare's website at www.invacare.com.

This press release contains forward-looking statements within the meaning of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are those that describe future outcomes or expectations that are usually identified by words such as “will,” “should,” “could,” “plan,” “intend,” “expect,” “continue,” “forecast,” “believe,” and “anticipate” and include, for example, any statement made regarding the company's future results. Actual results may differ materially as a result of various risks and uncertainties, including regulatory proceedings or the company's failure to comply with regulatory requirements or receive regulatory clearance or approval for the company's products or operations; circumstances or developments that may make the company unable to implement or realize the anticipated benefits, or that may increase the costs, of its current business initiatives; possible adverse effects on the company’s liquidity that may result from delays in the implementation or realization of benefits from its current business initiatives; exchange rate fluctuations; and those other risks and uncertainties expressed in the cautionary statements and risk factors in the company’s annual report on Form 10-K, quarterly reports on Form 10-Q and other filings with the Securities and Exchange Commission. The company may not be able to predict and may have little or no control over many factors or events that may influence its future results and, except as required by law, shall have no obligation to update any forward-looking statements.

Contact:

Invacare Corporation
Investor Inquiries:
Lara Mahoney, 440-329-6393
or
Media Inquiries:
Lisa Gonzalez, 440-329-6449

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