BAFI™ was conceived in 1996 as a means to warn the patient of low pressure in an oxygen cylinder. The oxygen delivery system was prescribed to Bettie McDermott who was earlier diagnosed with a respiratory-pulmonary disease. The first working prototype was complete in May of 1997, and again redesigned in November of 1997. In February of 1998 the redesigned prototype was sent to the US Patents Office for evaluation and the Company completed its' production model in March, 2000.
|Fritz and Bettie McDermott have been using the BAFI™ product since 1996. Seen here (left photo) is a final production unit. Notice the group of tanks to the far left of the photo. Most patients require multiple tanks on a weekly basis. The tanks are serviced by local contracted oxygen supply companies. The BAFI™ provides convenience and assurance to the patient.|
Ingen Technologies has completed development of the BAFI™ product and is prepared to sell its core products and services. During 1997 through 1998 the company was engaged in the research and development of their BAFI™ system, test marketing the device, applying for patent(s), developing tooling & manufacturing, and forming the distribution channels for their product.
Since the completion of the BAFI™ system there has been constant growth of its' acceptance with the medical device market, military, aircraft industry, motor home & camping supplies, aqua marine diving industry, institutional and government marketplace. In 1998 the company began its research & development with their market planning of the BAFI™ system.
The Company has evaluated the BAFI™ product and has determined its' strengths and weaknesses. The overall opinion of the evaluation indicates that the BAFI™ product is a compliment to most existing pressurized gas delivery systems. These conclusions are as follows:
With the development and manufacturing of the BAFI™ system, the Company is prepared to meet distribution quantities. The market potential of the products is above average. It is a new product offering a price that is within reach of the average customer. The product can also be administered profitably through its distributors and a direct sales network.
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