July 26, 2017 08:00 AM Easter Daylight Time
BURLINGTON, Mass. --(BUSINESS WIRE)-- William Schawbel, founder and owner of Schawbel Technologies LLC and the ThermaCELL Heated Products line, announced that it has entered into a strategic relationship with Heat Factory USA, the leading US brand of air activated disposable warmers and heated apparel. Heat Factory USA will have an exclusive license to Schawbel’s heated products patented technology in the United States and Canada and will assume the day-to-day management of Schawbel’s existing heated products business.
Launched in 2012, ThermaCELL Heated Insoles were a new heated footwear product that incorporated wireless thermal technology and state-of-the-art materials. The product line has been extended over the past five years to include insoles with removable/rechargeable lithium ion polymer batteries, extra flexibility, USB charging, water resistance, and Bluetooth capabilities along with rechargeable hand and pocket warmers.
“The addition of the ThermaCELL Heated Products to Heat Factory’s product offerings expands the options available to the consumer for head-to-toe warming solutions”, stated William Schawbel, founder and president of Schawbel Technologies. “With the integration of the two lines, we can now offer a price point solution for any budget and need – disposables and rechargeables with controlled heat settings at an economical per-use advantage. Our products have offered consumers a reliable body-heating source and now we can continue that history by being able to make available a broader line of products, and going forward, having Heat Factory bring to market new and innovative products using our patented technology.”
About Schawbel Companies
Schawbel Technologies LLC is a spin-off from the Schawbel Corporation. The Schawbel Corporation, founded in 1981, was the inventor of the ThermaCELL line of butane consumer products. Schawbel Technologies will continue to focus on developing proprietary technology that has global appeal and leveraging its worldwide resources.
Schawbel Group, LLC, will continue to provide consulting services on all aspects of consumer products through its seasoned staff of globally located consultants. The website for Schawbel Companies is www.schawbelgroup.com.
About Heat Factory
Heat Factory USA is the manufacturer of the oldest and most recognized warmer brand in the outdoor industry. Heat Factory USA offers top-notch product selections, sales programs, and merchandising solutions. Established in 1980, the Heat Factory brand has kept its focus on quality and is proud to offer some of the highest quality products designed for the outdoor enthusiast and general consumer. Heat Factory USA strives to increase brand recognition through consistent packaging and branding, as well as through manufacturing the most reliable warmers on the market. The company’s website is www.comforttecinternational.com and contains additional information.
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Bedford, MA ( July 14, 2014) William Schawbel, founder and owner of The Schawbel Corporation, announced the formation of a new business entity, Schawbel Technologies LLC, following the sale of the ThermaCELL Mosquito Repellent business to Kinderhook Industries, a New York equity-based firm.
“In the past decade, we have grown the ThermaCELL Mosquito Repellent business significantly, changing the way millions of consumers seek protection from mosquitoes. Now through our relationship with Kinderhook and the utilization of their resources and infrastructure, I look forward to being part of the continued growth of the ThermaCELL Mosquito Repellents as a board member and stockholder for the business,” said Bill Schawbel.
Part of the transaction includes the establishment of a new company, Schawbel Technologies LLC, which includes the product development and research areas of the non-pesticide ThermaCELL technology, Schawbel Consulting, Asia Technical Services, and the ThermaCELL Heated Insoles business – a product line launched in 2012, which has recorded double-digit revenue growth since that time.
Schawbel Technologies LLC will continue to focus on consumer products that will have global appeal and can leverage its worldwide Independent Sales organization, distributors, offshore manufacturing, and engineering resources.
Schawbel Technologies LLC will also continue to provide fee-based consulting services to the philanthropic community in the development of “mission on profit” businesses that can provide long-term sustainable sources of income.
About ThermaCELL Heated Insoles
Launched in 2012, ThermaCELL Heated Insoles were a new heated footwear product that incorporated wireless thermal technology and state-of-the-art materials. The product provided heated comfort and allowed users to outlast the elements, whether for work or play. In 2014, a new one-of-a-kind heated insole is being introduced, which is even more versatile than the original product – ThermaCELL Heated Insoles ProFLEX. This product features removable/rechargeable lithium ion polymer batteries, extra flexibility, USB charging, water resistance, and superior fit and comfort. This proven technology allows the insoles to be adapted to all types of footwear at the manufacturing stage or as a separate line of products.
About Schawbel Consulting
Schawbel Consulting, a division of the newly formed Schawbel Technologies LLC, provides its clients augmentation of senior talent in all disciplines related to the global consumer products’ market. The organization has 110+ top-notch, globally-located, seasoned executives and professionals from diverse companies, products, and distribution channels. Schawbel Consulting’s clients range from start-ups to well-established public companies. For more information please contact: Veronica Zsolcsak, email@example.com
About Asia Technical Services
Asia Technical Services (ATS), a division of the newly formed Schawbel Technologies LLC, was established in 1988 to provide the highest quality tooling and manufacturing, sourcing, and quality control at Chinese and Taiwanese factory sites. The engineers of ATS vet factories, negotiate pricing, manage day-to-day production, and ensure quality control for all Schawbel Technologies LLC customers.
Founded in 2003, Kinderhook is a private equity firm with over $1.25 billion of committed capital and an investment philosophy based on combining senior management and operating experience in a variety of industries with the financial and investment know-how of private equity professionals. Kinderhook primarily makes control investments in companies with transaction values of $25-$150 million in which the firm believes it can achieve significant financial, operational and growth improvements. The firm targets orphaned non-core subsidiaries of corporate parents, existing small capitalization public companies lacking institutional support and management-led recapitalizations of entrepreneur-owned companies. By providing access to capital, strategic advice and an extensive network of relationships, Kinderhook has a history of successfully building privately held firms in partnership with management. For more information please visit: www.kinderhook.com
Contact: Pauline O’Keeffe; firstname.lastname@example.org
November 7, 2017 08:00 AM Eastern Daylight Time
BURLINGTON, Mass. --(BUSINESS WIRE)-- Schawbel Group, LLC today announced that it has entered into an exclusive option agreement with Tufts University. The agreement relates to Tufts’ patent pending formulation that can provide the basis for a new generation of food products in the form of a nutritional supplement for the prevention and treatment of moderate acute malnutrition (MAM) focused on enhancing cognitive performance.
Currently, cognitive impairment associated with early childhood malnutrition and stunting is generally considered irreversible. However, a scientist from Tufts University believes that cognitive damage may be reversible for children younger than five with the right nutrition, and that it may have potential for use even in the U.S. where poor dietary habits are common in children. Furthermore, the researchers hope to test the formulation to see if it may be effective for delaying aging-related cognitive decline.
William Schawbel, founder and owner of Schawbel Group, LLC, has been working closely with Susan B. Roberts, PhD. Dr. Roberts is professor at the Friedman School of Nutrition Science and Policy at Tufts and professor of psychiatry at Tufts University School of Medicine. Dr. Roberts has been the Principal Investigator and designed the nutritional formulation and co-designed the products for testing. She supervised intervention trials conducted in Guinea-Bissau. This investigative phase of the project started in 2014 and the series of studies will be completed in December of 2017. The project to date has been funded by Tufts with major contributions from Mr. Schawbel’s family’s philanthropic foundation. He has also provided pro bono consulting services from his company. The formulation used in this research project is the subject of a pending patent application.
Schawbel has contractual rights over a period of time to obtain an exclusive worldwide license to this patent application and the formulation it claims. Schawbel Group will be actively pursuing commercial partners to complete the research and based on positive findings, create a product line and introduce it into the global marketplace.
About Schawbel Group, LLC
Schawbel Group, LLC is a spinoff from The Schawbel Corporation in 2014, a then privately held company that was founded in 1981 and was the inventor of the ThermaCELL line of cordless consumer products. Schawbel Group provides consulting services on all aspects of consumer products and services through its seasoned, globally located consultants. Schawbel provides consulting to commercial clients, philanthropic organizations, and educational institutions.
For more details, visit www.schawbelgroup.com.
Schawbel Group, LLC