Balance Mat Pty Ltd
Board members
Balance Mat Pty Ltd is a wholly owned subsidiary of Perimeter Security Industries International (previously trading as Perimeter Security Industries or PSI), a Canberra-based unlisted public company established in 2011 to develop optical fibre technology for the security industry. At that time the company’s three board members were co-founders Sylvia Tulloch (Chair) and Ian Bergman and Michael McCann.
In April 2016, PSI began working on optical fibre technology for healthcare applications. To reflect the new healthcare focus, the company name was changed from PSI to Balance Mat in July 2019.
In July 2022, Mike McCann stepped down as a board member to focus on his other corporate commitments with Lava Blue and Uniflow Power Ltd. He was replaced by Sylvia’s son George Tulloch, who remains a director of Balance Mat Pty Ltd, alongside Sylvia as Chair and Ian as a board member and Managing Director of the company.
Sylvia Tulloch has a background in materials science, is an investor in several startup companies, has founded and taken two companies to Australian Securities Exchange (ASX) listing and held government advisory positions in the renewable energy and manufacturing sectors. She is a co-founder, seed investor and chair of Balance Mat Pty Ltd.
In his role as a board member and Managing Director of Balance Mat Pty Ltd, Ian Bergman is the driving force behind the development of the Balance Mat technology. He has a background in government and technology diffusion and has applied his Bachelor of Science degree in many roles such as international environmental technology showcaser and CEO of several startup companies. Ian is a co-founder and seed investor of Balance Mat Pty Ltd, the named inventor on the patent and owner of Balance Mat’s first supplier, Balance Metrix.
George Tulloch is a director of Balance Mat Pty Ltd, owner of his own business consulting firm Convain Pty Ltd and, “after a fulfilling journey as CEO” of Balance Mat Pty Ltd, is now a team member at Noizend Pty Ltd. As such he is an entrepreneur and advisor who is interested in the intersection of arts, advocacy and technology.
Mission
The Balance Mat Pty Ltd company mission is to improve and maintain people’s health by providing a unique system that measures balance quickly and simply, helps prevent injuries and deaths from falls and promotes better health and fitness in the ageing and general populations.
Vision
The company’s vision is to become a globally recognised health informatics company that revolutionises balance assessment worldwide.
Key milestones
- Milestone #1Balance Mat Pty Ltd inception
April 2016 - Milestone #2Australian Government R&D Tax Incentive program inclusion
August 2016 – 2021 - Milestone #3Balance Mat research & development (R&D)
April 2016 to date ongoing - Milestone #4Testing of Unimetric Balance Mat prototype with Council on the Ageing (COTA) ACT members
April 2017 - Milestone #5Completion of prototype Unimetric Balance Mat for aged care and healthy ageing sectors
December 2017 - Milestone #6RMIT University validation of Multimetric Balance Mat system against force plates
August 2019 - Milestone #7Completion of prototype Multimetric 4 Balance Mat for allied health professionals
December 2019 - Milestone #8Australian patent granted
January 2020 - Milestone #9Initial clinical research by Dr Phil Ewart at Hastings Family Medical Centre
July 2020 to June 2021 (ongoing) - Milestone #10Marketing campaign to Council on the Ageing (COTA) SA Strength for Life seniors exercise class facilitators in South Australia
September 2020 - Milestone #11Completion of prototype Neurometric Balance Mat for allied health & medical researchers
September 2021 - Milestone #12University of Canberra validation of Neurometric Balance Mat against inertial sensors
December 2021 - Milestone #13Therapeutic Goods Administration (TGA) approval
December 2021 - Milestone #14Official market launch of the Balance Mat system at Hastings Family Medical Centre, Wauchope NSW by Dr David Gillespie MP, then Minister for Regional Health
January 2022 - Milestone #15Completion of Neurometric Balance Mat for researchers in allied health & medicine
June 2022 - Milestone #16
- Milestone #17Completion of BESS Balance Mat for concussion care
December 2022
