Company name: ExoStat Medical Inc.
Industry: Medical Devices.
Location: Prior Lake, Minnesota.
Solution/product: MicroStat is a hand-held system that measures CO2 levels under the tongue to diagnose septic shock.
Money raised: $565,000; seeking $4 millionin total.
How it will be used: A call to company was not immediately returned.
Investors: Unknown; shares were distributed among chairman and two company officers.
Management team: Hayden Fleming, chairman; Charles Snead Jr., secretary and treasurer; Kent Winger, executive vice president and chief operating officer.
Market size: $600 million opportunity, according to the company.