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http://philadelphia.bizjournals.com/philadelphia/stories/2009/03/30/story4.html
Friday, March 27, 2009
Creative Footwear Technology has shoe to set feet free
Philadelphia Business Journal - by John George Staff Writer
From left: Dr. James B. McGuire, Richard Posoff and Dr. Kendrick A. Whitney.
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It may not help you jump higher or run faster, but a "biomechanical" shoe invented by two Philadelphia doctors and a local businessman may be the right footwear for anyone who has ever complained of aching feet at the end of a long day.
Drs. James McGuire and Kendrick Whitney, both professors at the Temple University School of Podiatric Medicine, and entrepreneur Richard Posoff, are partners in Creative Footwear Technology Inc., a Philadelphia company they formed to bring their invention to market.
Earlier this month, the company reached an agreement with Temple University that gives Creative Footwear an exclusive license for the shoe and the college a small equity stake in the company.
"We wanted to come up with something that would enhance the way shoes are designed and make a better shoe," McGuire said. "Something that would take the science developed at a university and put it into a shoe company. Today, most shoes are designed by fashion designers or artists."
Friday, March 27, 2009
Creative Footwear Technology has shoe to set feet free
Philadelphia Business Journal - by John George Staff Writer
From left: Dr. James B. McGuire, Richard Posoff and Dr. Kendrick A. Whitney.
View Larger
It may not help you jump higher or run faster, but a "biomechanical" shoe invented by two Philadelphia doctors and a local businessman may be the right footwear for anyone who has ever complained of aching feet at the end of a long day.
Drs. James McGuire and Kendrick Whitney, both professors at the Temple University School of Podiatric Medicine, and entrepreneur Richard Posoff, are partners in Creative Footwear Technology Inc., a Philadelphia company they formed to bring their invention to market.
Earlier this month, the company reached an agreement with Temple University that gives Creative Footwear an exclusive license for the shoe and the college a small equity stake in the company.
"We wanted to come up with something that would enhance the way shoes are designed and make a better shoe," McGuire said. "Something that would take the science developed at a university and put it into a shoe company. Today, most shoes are designed by fashion designers or artists."
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