Gyeongnam Jeongbo University Graduate Startup Company Signs Export Contract Worth 1 Billion KRW

Medical venture company ‘PTBro,’ founded by graduates of Gyeongnam Information University (President Kim Dae-sik), has signed an export contract worth 1 billion KRW with Japan.

This company was established by graduates from the Physical Therapy Department’s start-up club ‘PTBro’ at Gyeongnam Information University. They developed a portable SSP (silver spike point) smart self-homecare wearable device called ‘AcheLess,’ which applies patented technology to alleviate temporomandibular joint and forward head posture pain (headache).

PTBro exhibited the AcheLess product at the ‘MEDICAL JAPAN 2023 Expo’ held from the 11th to the 13th at Makuhari Messe in Tokyo, Japan.

During the event, they received an order for 10,000 units from the local Japanese company Thomson, signing an export contract worth a total of $801,600, with delivery scheduled by March 2024.

PTBRO and Thomson representatives are signing a contract.

Recently, the company entered the ‘KDB NextRound’ startup new business program, supported by KDB Industrial Bank, which discovers competitive startups and supports investment attraction, seeking SI and gaining recognition for its technological capabilities and growth potential.

Gyeongnam Information University has housed PTBro in the university’s start-up space ‘K-Tech Valley’ and is providing unwavering support at the university level, including technical advice, external cooperation, and infrastructure support.

PTBro aims to achieve sales of 500 million KRW this year, 2 billion KRW next year, and 100 billion KRW within three years. By the end of this year, they plan to list on KONEX and enter the ‘TIPS’ program, a technology start-up support program hosted by the Small and Medium Business Administration.

Kim Tae-hoon, CEO of PTBro, said, “We are grateful to receive substantial support from our alma mater, Gyeongnam Information University. Starting with exports to Japan, we will continue to do our best to enter the U.S. market and achieve 100 billion KRW in sales.”

This content was produced with the assistance of AI translation services.