Lifeward Ltd. Embarks on New Journey with Corporate Rebranding
Lifeward Ltd. Transitions from ReWalk Robotics
Marlborough, Mass., and Yokneam Illit, Israel – Lifeward Ltd. (NASDAQ: LFWD) has officially transitioned from its previous identity as ReWalk Robotics Ltd., completing a vital rebranding initiative. This shift marks a significant milestone for the company, which is renowned for delivering transformative solutions aimed at rehabilitating individuals facing physical challenges. This name change reflects Lifeward's expanded mission to enhance the caregiving landscape and empower individuals to engage actively in life's pursuits, despite physical limitations.
CEO’s Insight on the Transition
In a recent statement, Larry Jasinski, the Chief Executive Officer at Lifeward, expressed enthusiasm regarding the rapid completion of this corporate rebranding. Jasinski emphasized that the shift from ReWalk Robotics to Lifeward embodies the company’s commitment to setting new standards in care provision, particularly for those overcoming physical disabilities. This change allows Lifeward to better align its identity with its mission of enabling individuals to pursue their passions.
Streamlined Branding Across Operations
The rebranding follows approval from shareholders earlier this month and has been fully supported by the company’s subsidiaries in the United States and Germany, which have already adopted the Lifeward name. The trading symbol for the company has also been updated to reflect the new identity, with shares trading as LFWD starting from the market opening on the official launch date.
About Lifeward and Its Innovations
Lifeward is dedicated to designing, developing, and commercializing innovative solutions that facilitate comprehensive care in rehabilitation and recovery. The organization’s groundbreaking approach strives to deliver tangible health benefits in both clinical and home settings. At the core of Lifeward’s mission is the relentless pursuit of technological advancements aimed at transforming the lives of individuals with physical impairments.
Innovative Product Offering
The Lifeward product portfolio is impressive and diverse, featuring acclaimed innovations such as the ReWalk Exoskeleton, which assists individuals in regaining mobility, and the AlterG Anti-Gravity treadmill, designed for rehabilitation purposes. Additionally, the MyoCycle Functional Electrical Stimulation System and the ReStore Exo-Suit illustrate Lifeward's commitment to optimizing patient outcomes through advanced technology.
A Legacy of Support and Growth
Since its inception in 2001, Lifeward has been at the forefront of innovation in rehabilitation technology, facilitating significant advancements with operations spanning the United States, Israel, and Germany. This broad geographical presence enhances Lifeward’s capacity to deliver high-quality care and innovative solutions globally, empowering individuals worldwide to reclaim their lives.
Frequently Asked Questions
What prompted the corporate name change to Lifeward?
The name change from ReWalk Robotics to Lifeward reflects a broader mission to enhance care standards for individuals facing physical limitations and to align the corporate identity with its innovative solutions.
What is the significance of the trading symbol LFWD?
The trading symbol LFWD represents Lifeward Ltd. and reflects the company’s new identity on the NASDAQ market following its rebranding initiative.
How will the name change impact Lifeward's operations?
The rebranding to Lifeward aims to improve organizational coherence and enhance the company's ability to market its innovative rehabilitation solutions more effectively.
What products does Lifeward offer?
Lifeward's product portfolio includes the ReWalk Exoskeleton, AlterG Anti-Gravity treadmill, MyoCycle FES System, and the ReStore Exo-Suit, all aimed at improving rehabilitation outcomes.
Where can I learn more about Lifeward's offerings?
For more information on Lifeward's products and initiatives, interested individuals can visit their official website, GoLifeward.com.
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