SOURCE: Cardiac Network Inc.

October 16, 2007 09:00 ET

Due to Recent Approvals From Blue Shield of California, Medicare and Other Insurance Companies, Cardiac Network Inc. Has Expanded Its Network Capacity

SAN FRANCISCO, CA--(Marketwire - October 16, 2007) - Cardiac Network Inc. (PINKSHEETS: CNWI) today announced that they received shipment of 15 additional servers to their state-of-the-art, Patient Monitoring Center in San Francisco, California.

SIGNIFICANT HEALTH INSURANCE APPROVALS SPUR TECHONOLOGICAL GROWTH

Due to the recent approvals from many of the country's larger insurance companies including Medicare and Blue Shield of California, the company has increased its server capacity 20 fold.

The company has also established a backup facility on the east coast. The implementation of this facility is to ensure that operations will continue to operate seamlessly in case of an emergency occurring at the main center in San Francisco.

The servers have been rolled out by our IT Infrastructure Partner Tierra Technology (See Press Release dated Aug 23, 2007 or click on the link: http://www.agoracom.com/ir/CardiacNetwork/messages/572480)

"Due to the demand for our products, we needed to be proactive and increase our capacity," stated Mr. Zev Helfer, President and CEO of Cardiac Network Inc. "I now believe our capacity to monitor heart patients is unlimited. In an industry where every second counts, it is imperative that we always stay ahead of demand."

Cardiovascular disease and coronary heart disease are widespread, afflicting over 70 million people. Heart attacks are the single biggest killer in the United States alone. Each year, about 1.1 million Americans suffer a heart attack. About 460,000 of those heart attacks are fatal. Those figures could change dramatically if those people got to a hospital as fast as possible when a heart attack first happened.

For all Cardiac Network investor relations needs, investors are asked to visit the Cardiac Network IR Hub at http://www.agoracom.com/IR/CardiacNetwork where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to CNWI@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

Learn more about Cardiac Network Inc. by visiting www.cardiacnetwork.net

CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS

This press release contains "forward-looking statements," which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith, and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook.

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