SOURCE: Cardiac Network, Inc.

Cardiac Network, Inc.

June 18, 2009 08:30 ET

Cardiac Network, Inc. Announces Deal With Med Mobile to Add Wireless Emergency Communication and GPS Location to Cardiac's Medical Monitoring Services

SAN FRANCISCO, CA--(Marketwire - June 18, 2009) - Cardiac Network, Inc. (PINKSHEETS: CNWI), a leader in advanced mobile medical monitoring, announced today that it has formed a joint venture with Med Mobile, which will allow Cardiac to begin offering Personal Emergency Response Systems (PERS) to its patients and HeartOne Club members at PERS devices contain a distress button and integrated active GPS system that can activate a "panic" alert to Cardiac's 24/7 monitoring station, provide accurate location tracking and get immediate live assistance when and where it is needed. At the touch of a button, patients can talk directly with the Cardiac Network monitoring station. In turn, Cardiac Network's medical technicians can communicate directly with a patient's doctor or emergency response team.

Features of its new devices include:

--  Built in Cellular Speakerphone. PERS devices enable voice calls to be
    made to numbers stored in speed dialing buttons (e.g. a relative or a
    doctor) or to be received from any caller or from the remote monitoring
--  GPS Location and Tracking. The PERS monitor enables accurate location
    of users in need. If the geofencing feature is used, in the event that the
    person wearing the device wanders outside a specified zone (e.g.
    neighborhood or school area), the system can alert the monitoring center
    and/or a relative or caregiver.

"Our patients want to take control of their health and well being," stated Michael Swartzburg, Cardiac Network's President and CEO. "With Med Mobile, we can use advanced wireless technologies to bring peace of mind and deliver real-time medical monitoring, communication and response in the event of an emergency, virtually anywhere, anytime."

Med Mobile is a virtual network operator with world wide network roaming agreements. Cardiac and Med Mobile joint venture will use its wireless network to offer innovative wireless monitoring solutions for improving people's health, safety and quality of life. PERS devices are especially useful for elderly, chronically ill, children (including autistic and developmentally disabled) or lone workers, as well as their relatives and caregivers.

About Cardiac Network, Inc.

Cardiac Network, Inc. is a medical technology company providing cardiac monitoring and diagnostic services to general practitioners and specialist physicians, for the investigation of patients with abnormal cardiac rhythm and function. The service uses unique transtelephonic (by telephone) cardiac recorders that monitor and provide diagnostic information to physicians and their patients. Cardiac Network also offers its services and advanced mobile technology to individuals which help them quickly determine if they are having potential cardiac problems so that they can obtain immediately needed medical treatment. Learn more about Cardiac Network Inc. by visiting, and the HeartOne Club at

About Med Mobile

Med Mobile is a mobile virtual network operator serving the medical industry and a subsidiary of Capital Marketing Group, which also owns a company that provides network services to the diabetic industry for the "Gluco Phone." Learn more about Med Mobile by visiting

Forward-Looking Statements

Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently unreliable and actual results may differ materially. Examples of forward-looking statements in this news release include statements regarding Cardiac Network's anticipated economically competitive products and services. Factors which could cause actual results to differ materially from these forward-looking statements include such factors as fluctuations in demand for Cardiac Network's products, Cardiac Network's ability to maintain strategic business relationships, the impact of competitive products and pricing, growth in targeted markets and the adequacy of Cardiac Network's liquidity and financial strength to support its growth. Cardiac Network undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • Contact:
    Cardiac Network, Inc.
    Michael Swartzburg
    Email Contact