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company > investor relations
Industry Problem
Dental handpieces are built on the outdated friction grip design, a round chuck gripping a round bur shank. A friction grip system when compared to an engaged or locked drive system experiences lower performance. Specifi cally, poor torque transmission results in slower cutting speed and inferior concentricity results in compromised cut quality and unwanted vibration.
The ProDrive Solution
The ProDrive System features a unique and patented turbine design which provides signifi cant performance improvements. The ProDrive Upgrade Turbine substantially improves the cutting speed of leading market handpieces, which increases the effi ciency of the dentist and may shorten overall chair time resulting in the ability for dentists to treat more patients. The superior design improves the chuck hold on the bur shank resulting in reduced vibration and offers a noticeable improvement in cut accuracy which is paramount to successful tooth preparations. The ProDrive System has many benefits to the patient. More effi cient and precise cutting contributes to reducing chair time and smoother cutting results in less vibration causing less stress on healthy tooth structure. Less vibration and stress contributes to less post-operative pain or discomfort.
Market Opportunity
The overall North American addressable market for ProDrive Systems is US $1.3 Billion in annual sales. The international market represents an additional US $2 Billion addressable market for ProDrive Systems. The business is based on a lucrative recurring revenue model, the “razor and blades” business model. Dentists use an average of 1,050 burs per year and the ProDrive System requires the use of ProDrive proprietary burs. Dentists use an average of 7 handpieces that require a turbine replacement every 12-18 months. Therefore both turbines and burs are recurring sales opportunities. Considering the lifespan of a dentist’s career, each customer becomes a long-term recurring revenue generator - guarded against competition by patents.
For investment opportunities and investor relation queries, please contact:
Garry Thom, Director of Investor Relations
Toll-free phone: 1.866.280.9616
g.thom@prodrivesystems.com
“The results are in, and after 3 weeks of use I can report that ProDrive is a tremendous improvement over standard air turbines. I can now say without any doubt that ProDrive makes a significant and noticeable difference in handpiece performance.”
Dr John C. Flucke, DDS;
New Technology Editor;
Dental Products Report Magazine |
“ProDrive is in a position to take a major role and really change the way the dental industry looks at handpieces and burs. There’s nobody out there who can compete with them.”
Alex Miller, President, Meisinger USA |
"The grip on the [ProDrive] burs is remarkable...Early reports have been close to amazing. Many dental dealers are taking this product line into their systems."
Paul Feuerstein, DMD;
Technology Editor Dental Economics;
ADA seminar series speaker;
ADA Council on Dental Practice consultant |
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