Footbalance

Footbalance brings consumers 100% customized insoles through its computer-aided foot analysis and in-store production units.

 

Footbalance's concept is also a means for sports stores to increase their service level by helping the estimated 75% of all consumers who suffer from incorrect foot positions, such as overpronation and supination. Footbalance insoles support ideal foot and ankle alignment while preventing and correcting malpositions.

The process takes approximately 10 minutes and the insoles can be used instantly. The product was launched in 2006 and today Footbalance is available in 500 stores in e.g. the United States, Finland, Sweden and the UK. Key customers include Intersport and Road Runner Sports.

Facts

Chief Executive Officer:

Erkki Hakkala (acting CEO)

Chairman of the Board:

Roger Talermo

Scope Director of the Board:

Andreas Ossmark            
Sophie Hagströmer (deputy)

Financial Information

2010

Revenue, EURm 5
Employees 40

Investment Information

Initial Investment Feb 2010
Scope Ownership 44%

Principal Office:

Footbalance System Ltd.
Hämeentie 135 A
FI-00560 Helsinki
Finland


www.footbalance.com