
By BILL RADFORD THE GAZETTE
Dr
Glen House knows the difficulty of re-connecting with the world after a
devas-tating injury, of navi-gating life with a disability.
House is a quadri-plegic; a ski acci-dent at age 20 cost him the
use of his legs and limited the dexterity in his hands. As medical
director of the Center for Neuro and Trauma Rehabilitation at Penrose
Hospital, he helps patients in similar situations piece their lives
back together as they strive for some degree of independence.
Now, he’s reaching out to a wider audience: the 44 million
American adults with disabilities. He’s cofounder of Disaboom
Inc., which is developing a comprehensive online resource dedicated to
transforming the way people with disabilities live.
His partner is J.W. Roth, an investor whose focus is developing
and financing startup companies such as Colorado-based AspenBio, a
biotechnology company. Roth is chairman and chief executive officer of
Disaboom; House is Disaboom’s medical director.
The two Colorado Springs men have been business partners before.
About 2½ years ago, Roth helped House start the Colorado
Catheter Co., which developed catheter technologies for the disabled.
That company is being sold, said Roth, who declined to disclose details
about the deal.
Working with House alerted him to the potential of the disability market, Roth said.
“I realized the size of the market, No. 1, and No. 2, I
realized how fragmented it was. There’s a little bit of
information over here and a little bit of information over
there.”
Disaboom, which incorporated last fall, recently raised nearly $3
million by selling shares to private investors. That money is expected
to pay the company’s bills for the next year, Roth said. The
company also is going public, driven by House’s desire to give
people with disabilities, or “Disaboomers,” the chance to
be part of it.
“We could not do this as a nonprofit,” House said.
“We wouldn’t survive. It takes somebody to get behind it,
raise the money and keep it going.”
The company’s Web site, www.disaboom.com, is scheduled to
launch in August, though company information already is available
there. Patient education will be a key component once the site is
active.
“There’s not the information available out there to
the patient like I’d like to see it,” House said. He wants
to provide in-depth information, a sort of online bedside chat that
answers patients’ immediate and long-term questions about
conditions such as stroke, spinal-cord injury and brain injury.
House is writing some of the core content and contacting doctors
across the country to write other parts. Another aspect, he said, will
be gathering and interpreting research for patients and doctors.
Disaboom is also intended to foster a sense of community through
forums, chat rooms and reviews written by users, from assessments of
products for the disabled to reports on the accessibility of
restaurants and other businesses.
“You’re rolling the dice when you’re trying to
figure out where to go,” House said. “Handicapped
accessible, what does that mean? This will be such a useful
resource.”
The site, being designed by Denver-based DATA Inc., also will
contain job listings. “Our hope is to launch the Web site this
fall with over 10,000 jobs specifically for folks with
disabilities,” Roth said.
Disaboom faces hefty competition online, from the medical
information offered at sites such as WebMD to social-networking sites
such as Dating4disabled.com and My-Space.com. The idea of Disaboom is
to bring those aspects together, providing a comprehensive resource for
the disabled where, as the site states, “every tool they’ll
want or need will be in one place.”
Disaboom users won’t be charged; revenue will come from advertisers.
“We have created a relationship with advertisers that you
won’t be charged until we bring users,” Roth said.
Disaboom’s registration statement with the Securities and
Exchange Commission said it doesn’t expect to generate
significant advertising revenues until six to 12 months after the site
launches.
“Our whole mission is dependent on being able to attract
loyal, continuous users,” Roth said. The goal is to bring at
least 2 million unique visitors to the site in the first year.
Nearly 5.8 million shares in the company, at a price of $.50 a
share, were bought by investors in the recent private placement.
They’ll be free to trade those shares on the OTC Bulletin Board,
possibly starting as soon as next week, under the symbol DSBO.
“It is smaller than the Nasdaq and the New York Stock
Exchange by a fairly good margin,” Roth said of the OTC Bulletin
Board. “Its design is for junior companies, and that’s
exactly where we’re at.”
CONTACT THE WRITER: 636-0272 or bill.radford@gazette.com
GETTING THE WORD OUT
Disaboom Inc. has several plans for informing the millions of disabled Americans about its Web site.
One is a program to put Disaboom high on search-engine results,
said J.W. Roth, chairman and chief executive officer of the new
company. Paralympian Muffy Davis, meanwhile, will serve as the face of
Disaboom and spread the word at meetings across the country with groups
of people with disabilities.
Disaboom is also starting a Colorado Springs-based marketing
division with plans to hire 10 to 15 “Web strategists” to
do viral marketing.
“The whole goal of that team is to flood the Internet with
Disaboom,” Roth said. The company is looking for Internet-savvy
people with disabilities to fill those jobs.
“We want to practice what we preach, and part of that is hiring people that have these disabilities,” Roth said.
For more information, call (720) 279-2549.