Lifeward Ltd. Transitions from ReWalk Robotics
Marlborough, Mass., and Yokneam Illit, Israel – Lifeward Ltd. (NASDAQ: LFWD) has officially made the switch from its former identity as ReWalk Robotics Ltd., successfully completing a critical rebranding effort. This transition represents a major milestone for the company, known for providing life-changing solutions that help individuals overcome physical challenges. The new name embodies Lifeward's broader mission to improve caregiving and empower people to actively participate in life, even with physical limitations.
CEO's Thoughts on the Change
In a recent statement, Larry Jasinski, the Chief Executive Officer of Lifeward, shared his excitement about how quickly the rebranding was accomplished. He pointed out that changing from ReWalk Robotics to Lifeward exemplifies the company's dedication to redefining care standards for those dealing with physical disabilities. This transformation aims to better connect Lifeward's identity with its mission of helping people follow their passions.
Unified Branding Across All Operations
The rebranding received shareholder approval earlier this month and has been fully embraced by the company’s subsidiaries in both the United States and Germany, which have begun using the Lifeward name. Additionally, the company’s trading symbol has been updated to reflect this new identity, with shares trading as LFWD from the market opening on the official launch date.
About Lifeward and Its Innovations
Lifeward is committed to creating, developing, and marketing groundbreaking solutions that support comprehensive care in rehabilitation and recovery processes. The organization’s innovative approach aims to provide real health benefits in both clinical and home environments. At the heart of Lifeward’s mission is the relentless drive for technological advancements that can change the lives of those with physical impairments.
Innovative Product Lineup
The Lifeward product lineup stands out with a range of recognized innovations, including the ReWalk Exoskeleton, which helps individuals regain their mobility, and the AlterG Anti-Gravity treadmill, specifically designed for rehabilitation. Furthermore, the MyoCycle Functional Electrical Stimulation System and the ReStore Exo-Suit highlight Lifeward's commitment to enhancing patient outcomes through cutting-edge technology.
A Legacy of Support and Growth
Since its founding in 2001, Lifeward has been at the leading edge of innovation in rehabilitation technology, driving significant advancements with operations in the United States, Israel, and Germany. This global presence bolsters Lifeward’s ability to provide top-notch care and innovative solutions, empowering individuals all around the world to regain control of their lives.
Frequently Asked Questions
What prompted the corporate name change to Lifeward?
The change from ReWalk Robotics to Lifeward represents a broader mission to improve care standards for individuals with physical limitations, aligning the corporate identity with innovative solutions.
What is the significance of the trading symbol LFWD?
The trading symbol LFWD stands for Lifeward Ltd. and signifies the company’s new identity on the NASDAQ market in line with its rebranding efforts.
How will the name change impact Lifeward's operations?
The rebranding to Lifeward is designed to enhance organizational coherence and improve the company's ability to effectively market its innovative rehabilitation solutions.
What products does Lifeward offer?
Lifeward's product offerings include the ReWalk Exoskeleton, AlterG Anti-Gravity treadmill, MyoCycle FES System, and the ReStore Exo-Suit, all created to enhance rehabilitation results.
Where can I learn more about Lifeward's offerings?
To find out more about Lifeward's products and initiatives, interested individuals can visit their official website, GoLifeward.com.
