Invacare Corporation Receives Multiple Awards for Outstanding Product from Mobility Management Magazine

Rhea-AI Summary

Invacare Corporation (NYSE: IVC), a leading medical equipment manufacturer, has received multiple awards from Mobility Management magazine for its innovative mobility products. Recognized in several categories, including 'Wheelchairs, Power: Group 3', the awards underscore the company's commitment to user-centered design and technological advancement. Notable products include the Invacare® AVIVA® Storm® RX power wheelchair and the Alber™ e-motion™M25 Power Assist. These accolades reflect Invacare's dedication to improving the quality of life for individuals with mobility challenges.

Positive

• Received multiple awards for product innovation from Mobility Management magazine.
• Recognition highlights commitment to user-centered design and technology.
• Notable award-winning products include the Invacare® AVIVA® Storm® RX power wheelchair.

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• None.

ELYRIA, Ohio--(BUSINESS WIRE)-- Invacare Corporation (“Invacare”) (NYSE: IVC), a leading manufacturer and distributor of medical equipment used in non-acute care settings, has been recognized by Mobility Management magazine in multiple product categories for outstanding product and technology development in complex rehab.

“We are pleased to once again be recognized for our industry-leading mobility products which deliver important user benefits. These awards are a testament to our culture of innovation and reflect our commitment to keeping our customers and end users needs at the forefront of our design process,” said Matt Monaghan, chairman, president and chief executive officer.

Invacare’s leading mobility and seating products span a breadth of categories, with awards in the following categories:

Wheelchairs, Power: Group 3, multiple power:

• Invacare® AVIVA® Storm® RX Rear-Wheel Drive Power Wheelchair with Ultra Low Maxx

Wheelchairs, Power: Group 3, single power:

• Invacare® AVIVA® Storm® RX Rear-Wheel Drive Power Wheelchair with Ultra Low Maxx

Power Assist Systems:

• Alber™ e-motion™M25 Power Assist for Wheelchairs

Accessories, Wheelchair:

• Motion Concepts Maxx Resolve Swing-Away Joystick Mount

Positioning, Head:

• Motion Concepts Matrx® Loxx headrest hardware

Seat Cushions, skin protection & positioning/E2607-2608

• Motion Concepts Matrx® PSP HD (Posture Seat Polymer) Cushion

A complete list of winners can be found in the Aug/Sep 2022 issue of Mobility Management magazine and featured on the brand’s website https://mobilitymgmt.com/productawards

About Invacare Corporation

Invacare Corporation (NYSE:IVC)(“Invacare” or the “company”) is a leading manufacturer and distributor in its markets for medical equipment used in non-acute care settings. At its core, the company designs, manufactures and distributes medical devices that help people to move, breathe, rest, and perform essential hygiene. The company provides clinically complex medical device solutions for congenital (e.g., cerebral palsy, muscular dystrophy, spina bifida), acquired (e.g., stroke, spinal cord injury, traumatic brain injury, post-acute recovery, pressure ulcers) and degenerative (e.g., ALS, multiple sclerosis, chronic obstructive pulmonary disease (COPD), elderly, bariatric) ailments. The company's products are important parts of care for people with a wide range of challenges, from those who are active and involved in work or school each day and may need additional mobility or respiratory support, to those who are cared for in residential care settings, at home and in rehabilitation centers. The company sells its products principally to home medical equipment providers with retail and e-commerce channels, residential care operators, distributors and government health services in North America, Europe, and Asia/Pacific. For more information about the company and its products, visit Invacare's website at www.invacare.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220727005333/en/

Marketing Contact

Biola Okunola

Vice President, Marketing

440-329-6008

bokunola@invacare.com

Investor Contact

Lois Lee

Director, Treasury, Investor Relations and Corporate Communications

440-329-6435

LoisLee@invacare.com

Source: Invacare Corporation

FAQ

What awards did Invacare Corporation receive from Mobility Management?

Invacare Corporation received multiple awards for its innovative mobility products, including categories for power wheelchairs and accessories.

Which products from Invacare were recognized in Mobility Management's awards?

The recognized products include the Invacare® AVIVA® Storm® RX power wheelchair and the Alber™ e-motion™M25 Power Assist.

What does the recognition by Mobility Management indicate about Invacare Corporation?

The recognition indicates Invacare's commitment to innovation and user-centered design in their mobility products.

How does Invacare's award impact its business outlook?

The awards can enhance Invacare's reputation and potentially boost sales by validating the quality and innovation of its products.