Lexicor Medical Technology
Encyclopedia
Michael Hickey and David Joffe founded Lexicor Medical Technology in 1989. The company was originally based in Boulder, Colorado
. The company evolved out of Mr. Joffe's NeuroMap Corporation.
Prior to begininning Lexicor, Mr. Hickey was the CEO of Biox
Technology. Mr. Hickey served as CEO of Lexicor, and Mr. Joffe served as the Chief Technology Officer. A Denver-based venture fund, Columbine Ventures, provided the funding for Lexicor.
The company's first product was the NeuroSearch-24 (NRS-24). Mr. Joffe's design lowered the cost of functional brain mapping
systems. Additionally, the NRS-24 pioneered a new intended use for brain mapping devices; the NRS-24 allowed for "the precise, objective and consistent characterization of the spatio-spectral properties of the EEG.” This was one of the first commercial applications of software in the field of Neurometrics
, and with it the company pioneered the use of qualitative EEG
mapping in the area of mental assessments. Prior to the advent of the NRS-24, EEG devices had been used primarily for neurological examinations. The new uses for EEG measurements that the NRS-24 created allowed professionals in psychology
and other behavior therapy fields to integrate EEG devices into their practices.
In the early 1990s, the company applied its technology into the area of EEG biofeedback, and was instrumental in launching the modern era of Neurofeedback
and Neurotherapy. To this end, the company worked closely with pioneering clinicians in the field, including Dr. Joe Kamiya, Dr. Joel Lubar, Dr. M. Barry Sterman, and Dr. Robert Thatcher. In 1991, the company opened a Neurotherapy clinic under the medical direction of Dr. Daniel Hoffman, M.D., and Dr. Steven Stockdale, Ph.D.
Between 1989 and 1999, Lexicor was primarily a medical device manufacturer, producing approximately 2,000 medical devices during that decade. In 1999, the company launched the first internet application of an EEG analysis service called DataLex. DataLex provided baseline measurements of the relationship of brain electrical activity to mental disease diagnosis; these measurements were then used in Neurotherapy and clinical reports.
In the fall of 2001, Mr. Hickey stepped down as CEO, and served instead as Chairman of the Board. At the same time, the company's management was moved to Augusta, GA. Dr. Steven Xenakis became the company's Augusta-based CEO.
The company’s corporate offices are currently located in Augusta, GA with an R&D facility located in Boulder, CO. The company’s major focus is currently on its NEBA project for Attention Deficit Disorder (ADD) assessment.
Boulder, Colorado
Boulder is the county seat and most populous city of Boulder County and the 11th most populous city in the U.S. state of Colorado. Boulder is located at the base of the foothills of the Rocky Mountains at an elevation of...
. The company evolved out of Mr. Joffe's NeuroMap Corporation.
Prior to begininning Lexicor, Mr. Hickey was the CEO of Biox
Biox
Biox is an American medical technology company founded in 1979 known for the development of the first widely used pulse oximeter. Michael Hickey, Scott Wilber, and Bill Moe founded Biox Technology in 1979. Mr. Hickey served as the company's CEO, Mr. Wilber was the company's Chief Engineer and...
Technology. Mr. Hickey served as CEO of Lexicor, and Mr. Joffe served as the Chief Technology Officer. A Denver-based venture fund, Columbine Ventures, provided the funding for Lexicor.
The company's first product was the NeuroSearch-24 (NRS-24). Mr. Joffe's design lowered the cost of functional brain mapping
Brain mapping
Brain mapping is a set of neuroscience techniques predicated on the mapping of quantities or properties onto spatial representations of the brain resulting in maps.- Overview :...
systems. Additionally, the NRS-24 pioneered a new intended use for brain mapping devices; the NRS-24 allowed for "the precise, objective and consistent characterization of the spatio-spectral properties of the EEG.” This was one of the first commercial applications of software in the field of Neurometrics
Neurometrics
Neurometrics is the science of measuring the underlying organization of the brain's electrical activity. Certain brainwave frequencies are associated with general psychological processes...
, and with it the company pioneered the use of qualitative EEG
EEG
EEG commonly refers to electroencephalography, a measurement of the electrical activity of the brain.EEG may also refer to:* Emperor Entertainment Group, a Hong Kong-based entertainment company...
mapping in the area of mental assessments. Prior to the advent of the NRS-24, EEG devices had been used primarily for neurological examinations. The new uses for EEG measurements that the NRS-24 created allowed professionals in psychology
Psychology
Psychology is the study of the mind and behavior. Its immediate goal is to understand individuals and groups by both establishing general principles and researching specific cases. For many, the ultimate goal of psychology is to benefit society...
and other behavior therapy fields to integrate EEG devices into their practices.
In the early 1990s, the company applied its technology into the area of EEG biofeedback, and was instrumental in launching the modern era of Neurofeedback
Neurofeedback
Neurofeedback , also called neurotherapy, neurobiofeedback or EEG biofeedback is a type of biofeedback that uses realtime displays of electroencephalography or functional magnetic resonance imaging to illustrate brain activity, often with a goal of controlling central nervous system activity...
and Neurotherapy. To this end, the company worked closely with pioneering clinicians in the field, including Dr. Joe Kamiya, Dr. Joel Lubar, Dr. M. Barry Sterman, and Dr. Robert Thatcher. In 1991, the company opened a Neurotherapy clinic under the medical direction of Dr. Daniel Hoffman, M.D., and Dr. Steven Stockdale, Ph.D.
Between 1989 and 1999, Lexicor was primarily a medical device manufacturer, producing approximately 2,000 medical devices during that decade. In 1999, the company launched the first internet application of an EEG analysis service called DataLex. DataLex provided baseline measurements of the relationship of brain electrical activity to mental disease diagnosis; these measurements were then used in Neurotherapy and clinical reports.
In the fall of 2001, Mr. Hickey stepped down as CEO, and served instead as Chairman of the Board. At the same time, the company's management was moved to Augusta, GA. Dr. Steven Xenakis became the company's Augusta-based CEO.
The company’s corporate offices are currently located in Augusta, GA with an R&D facility located in Boulder, CO. The company’s major focus is currently on its NEBA project for Attention Deficit Disorder (ADD) assessment.