CryoCare Foundation was established in 1993 to provide state-of-the-art human cryopreservation with assistance from two separate, independent businesses: BioPreservation, which provided our remote standby, transport, perfusion, and cooldown capability, and CryoSpan, which managed the long- term maintenance of patients at liquid-nitrogen temperature.
Ultimately we hoped that growth in cryonics would encourage the formation of additional service providers. We envisaged a future in which our members would benefit as BioPreservation and CryoSpan found themselves in a free market, bidding against competitors.
Unfortunately, we overestimated the potential growth and profitability of cryonics. Also we underestimated the tendency of volunteers and enthusiasts to burn out, especially in a high-stress occupation such as remote standby work. BioPreservation opted not to renew its contract with us in 1999, and no longer provides any cryonics services. CryoSpan still exists, but its majority shareholder wants to wind down the company and transfer the patients elsewhere.
Consequently, CryoCare now finds itself without any service providers.
We received ample advance warning of this situation, and attempted to find other ways to maintain service. These attempts were unsuccessful. Consequently, in 1999 we notified our members that we could not continue to provide cryonics coverage.
While our original plans were overoptimistic, we still believe our business model is the best one for long-term stability, if cryonics ever reaches a point where it is large enough to sustain multiple competing service providers. At that time, our organizational structure and bylaws may be of some value. Until then, we encourage you to learn as much as possible about the history, theory, and practice of cryonics, and visit the web sites of other organizations that are still accepting new members at this time:
The directors and officers of CryoCare wish to express their deep appreciation to everyone who placed their trust in us, and assisted us, during the past seven years. At no time did any of our members suffer a health emergency in which we failed to respond; and our two human patients are still being cared for, with their maintenance costs fully covered for the indefinite future.