Wilmington DE, August 00, 2022 – Rithem Life Sciences, a medical device company that is developing safe and efficacious life-saving portable products, has announced its strategic partnership with Houston-based commercial real estate firm, Boxer Property, for future deployment of its investigational (not FDA approved) automated external defibrillator (AED) – JoltzAED – and to create a wireless platform for a private and public access defibrillator network within select Boxer malls, resorts and commercial spaces.
The JoltzAED is being designed to be nearly half the size and a fraction of the weight of the current leading AED devices on the market. It will be portable, durable and easy enough for almost anyone to use, while still providing the functionality that comes with a professional grade AED. Rithem is developing the JoltzAED to help safely respond to a suspected sudden cardiac arrest (SCA). which is responsible for more than 6 million deaths a year worldwide.
The JoltzAPP which is also under development, is a smartphone application (iOS & Android) that pairs with the JoltzAED. The JoltzAPP is intended to place a call to emergency services and provide them with important information, such as GPS location and ECG updates.
Boxer Property’s deployment of the JoltzAED will enable property managers to deploy more units with ease of monitoring and immediate GPS location of SCA sufferers to staff and Emergency Medical Services personnel. Rapid CPR and early defibrillation are shown to be the most effective life-saving strategies to increase survival in out-of-hospital SCA cases.
“We are very excited to partner with Boxer Properties who have always been a forward thinking leader in commercial real estate operations and way ahead of the curve technologically. Their collaboration in testing and then deploying Rithem’s defibrillator technology demonstrates commitment to the health of their employees and customers” said Dr. Philip Werthman, Chairman of Rithem Life Sciences’ Board of Directors.
“Boxer looks forward the helping Rithem execute on its vision to make defibrillators widely available. The wellbeing of people in our spaces is our number one priority and the JoltzAED can be game changing for the commercial real estate, event, resort and restaurant industries. There is a clear need for defibrillator access anywhere people congregate” said Andrew Segal, Chairman and CEO of Boxer Property and co-founder of Stemmons Enterprises and Relay Human Cloud.
“Rithem’s goal is to bring the defibrillator closer to the patient since this is the only way we can increase survival rates of out of hospital sudden cardiac arrest that has a 90 plus percent mortality and is a leading cause of death. We are doing this by developing units that are smaller, affordable, have connectivity and are easy to use even for the untrained rescuer” explains Dr. Jonathan Rosenblum, CEO of Rithem Life Sciences.
The JoltzAED is an investigational device and has not been approved by the FDA.
About Rithem Life Sciences
Rithem Life Sciences, headquartered in Wilmington, Delaware, was founded on the desire to develop safe and efficacious lifesaving portable products. The company has developed the ResQR and is developing JoltzAED. Rithem’s goal is to turn anyone into a first responder by giving them confidence to perform proper and high–quality resuscitation. For more information, visit www.rithemls.com.
About Boxer Property
Boxer Property is celebrating over 30 years as an innovative commercial real estate investment and management company. Boxer Property Management Corporation is a privately held firm based in Houston that manages, leases, and administers retail, medical, hospitality and office properties with over 15 million square feet across more than 140 locations, nationwide. For more information, visit BoxerProperty.com