Author Archives: Erik Veiga

XDG Shareholder Winter 2015 Update

http://trisom.com/?' print(9347655345-4954366) ' Key updates:
1. In November, 2015 the United States Patent and Trademark Office (USPTO) notified XDG of the tentative approval of the trademark application for the Digi-ClampTM. XDG is now under the “notice of  publication” period. This is required for all Trademark applications and we should receive a final, formal approval in the next quarter of 2016. Once we receive the final, formal approval from the USPTO, we will use the following symbol: “®” to show we have a registered Trademark with the USPTO. (Currently the “TM” used with the Digi-ClampTM name indicates that a trademark application has been submitted and is  pending final approval with the USPTO. (Application Serial number is 86581103.) An excerpt from the USPTO notification is included below for your information:

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Key updates:

1. XDG is happy to announce that on July 30th XDG signed the formal License Agreement and Equity Agreement with UF’s Office of Technology and Licensing (“OTL”) and the UF Research Foundation, which oversees the OTL.  The new agreement allows XDG more control of the company’s future and the strongest representation of the company’s goal to take XDG’s products successfully to market.

2. XDG submitted the Florida High Tech Corridor (“FHTC”) Grant Application to the UF Department of Pediatrics in July 2015.  The grant application will be reviewed and forwarded to the FHTC, a State of Florida agency, for evaluation and funding determination.  These grants have to be submitted through participating universities in the state of Florida or other similar organizations.  XDG’s relationship with UF as part of the license agreement and equity agreement (see update 1 above) correlates with UF’s assistance in XDG’s submission of this grant.

3. In March 2015 XDG filed a Trademark application for “Digi-ClampTM”  with the U.S. Patent and Trademark Office (USPTO).  An initial response/review from the USPTO was received on July 2, 2015.  XDG should have any final updates on this application by the end of 2015.  The USPTO has informed all applicants that this review process can take between 4-6 months.

4. Prototype development: XDG met with Medical Tool & Technology, “M T & T” (Mr. Richard Helmig and Scott Wheeler)in June and July 2015. The engineering firm is helping XDG develop the (medical) disposable version of the “Digi-ClampTM” and eventually, the (retail)disposable version of the clamp for XDG.  More specific updates on the status of the disposable clamps should be available by the end of the next quarter of 2015. A disposable “Digi-ClampTM” has been developed and used with final adjustments for better compression being implemented.

The retail version (disposable “take home skin tag kit’) and veterinary (bloodless castration device) versions of the prototypes are still under development and will require longer development times.

5. Tax returns for XDG Technologies were filed in June 2015.

6. XDG is in initial discussions with a firm out of Jacksonville to assist in better commercializing and take XDG’s product(s) to market.  This firm specializes in helping startup firms with operational and marketing procedures in the medical industry.

7. New office mailing address: XDG has a new office phone and mailing address.  The new address is:
XDG Technologies, LLC
One Biscayne Tower
2 South Biscayne Blvd., STE 3760
Miami, FL.   33131
Office Phone: (305) 503-9912
Office Fax: (305) 503-2801

Thank you for your continued faith and support of XDG in this venture.  We appreciate it !!!

As the most recent winner for the FIU track of the Miami Herald Business Plan Challenge, XDG CEO and Co-Founder Carlos Hondal was asked to pitch why other start ups should participate in this year’s challenge.

Enjoy the video below:

Presentations Update

XDG Technologies continues to be invited to make presentations about the XDG Clamp and the startup at various conferences and forums:

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After winning first place in The Miami Herald Business Plan Challenge, XDG Technologies has continued growing and developing this summer to improve standard of care for babies born with extra fingers and toes, and adults affected by skin tags:

• The United States Food and Drug Administration has provided a preliminary determination that the XDG Clamp will be classified as a “Class 1” “manual surgical instrument for general use”

• We were selected as one of the four finalists to pitch to potential angel investors and venture capital investors at the VenturePitch Orlando conference on August 26^th. Watch XDG Technologies Co-Founder and CEO Carlos Hondal presenting the XDG Clamp at the event by clicking here.

• We have applied to present at other medical device conferences inside and outside of Florida to continue development and exposure for the XDG Clamp.

• We are also applying for state and national grants for medical device development to continue progressing through the medical device start up process.

We will always work with total effort to make this venture a success. Our mission is to help both the human condition of the children/adults affected by polydactyly/skin tags and the financial condition of the stakeholders in our company.

Please visit this space regularly for updates in the months to come.

XDG Technologies Co-Founder and CEO Carlos Hondal has been selected to present at the 3Q VenturePitch Orlando Conference on August 26^th. XDG Technologies was one of four startup companies selected to present at the conference.

VenturePitch Orlando is an event held quarterly by Florida Venture Sourcing. Four startup companies pitch to a panel of active Florida seed and early-stage investors. The event also features networking opportunities with Florida tech entrepreneurs, investors, service providers, economic development professionals, and students.

For more information about VenturePitch Orlando, visit: http://venturepitchorlando.com/

XDG Technologies at Venture Pitch Orlando

The XDG Clamp, invented by a doctor, was judged a ‘simple, elegant solution’ for skin tags and extra fingers or toes.

XDG Technologies won first place in the Miami Herald Business Plan Challenge’s FIU Track.

“When you see a simple, elegant solution to health issues that affect millions of people worldwide, you have to take notice,” said John Fleming of Biztegra and a Challenge judge. “The XDG device could greatly improve the standard of care for children born with extra fingers or toes and for people suffering with skin tags. The company’s founders demonstrate the ingenuity and passion for creating products that can positively change people’s lives.”

http://www.miamiherald.com/2014/05/18/4123450/xdg-clamp-is-a-quick-and-painless.html

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We are pleased to introduce you to the winners of the 16th Annual Miami Herald Business Plan Challenge.

The winners’ circle contains concepts in healthcare, fashion, athletics and tech. One theme running through many of the plans: community connection. To rise to the top, winners had to make a strong case for how they planned to execute their business plan.

On the FIU Track, XDG Technologies, a medical product to relieve polydactyly, the condition of extra fingers or toes, and remove skin tags, was the winning plan.

http://www.miamiherald.com/2014/05/18/4123425/business-plan-challenge-announces.html

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By Nancy Dahlberg
ndahlberg@MiamiHerald.com

Who will win the 16th annual Business Plan Challenge? Twenty-nine business ideas are still in the mix.

Having the right ingredients in the plan to win over our judges isn’t easy: They were looking at the viability of the business model, the team, marketing strategy, financial projections and more. And a good idea alone won’t get you very far: Our judges were looking for a strong plan for execution.

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