SOURCE: Cardiac Network Inc.

August 15, 2007 09:00 ET

Cardiac Network Inc. Retains AGORACOM Investor Relations

SAN FRANCISCO, CA--(Marketwire - August 15, 2007) - Cardiac Network Inc. (PINKSHEETS: CNWI) (http://www.CardiacNetwork.net) is pleased to announce it has retained the services of AGORACOM Investor Relations ("AGORACOM") (http://www.agoracom.com) to provide investor relations services.

The objective of this agreement is two-fold. First, to create effective communication between Cardiac Network, its shareholders and the investment community through AGORACOM's Internet-based investor relations system. Effective immediately, a customized and monitored Cardiac Network IR HUB (http://www.agoracom.com/IR/CardiacNetwork) will allow both Cardiac Network and AGORACOM to communicate with all investors simultaneously, anytime and in real-time, while providing shareholders with equal access and complete transparency to all investor relations communications. The IR HUB will also provide one-click access to all critical Cardiac Network IR information, as well as an executive audio address. In addition, the IR HUB provides investors with a monitored discussion forum for the purposes of constructive and high-quality discussion about the Company that is free of spam, bashing, hyping and profanity.

Second, AGORACOM will be responsible for raising Cardiac Network awareness amongst retail investors for the purposes of attracting new and prospective shareholders. As an exclusive small-cap content provider to every BlackBerry device on the planet, as well as network traffic that reaches over 1.2 million investors per month and ranking amongst the top 1% in the world, AGORACOM will provide Tier-1 financial coverage of all meaningful Cardiac Network press releases.

AGORACOM will be fully responsible for creating, implementing and executing an investor relations strategy, the consolidation of which will save management a considerable amount of time, effort and expense, allowing them to focus on core business operations, while significantly improving shareholder communications.

Cardiac Network President and CEO, Zev Helfer, stated, "I believe the time has now come to significantly increase our communications with existing shareholders and the investment community. As a company that is capitalizing on the use of Internet protocol television, we understand the power of conducting investor relations over the web for the purposes of reaching the widest possible audience of investors. The solution provided by AGORACOM provides our management team with the ability to focus on executing the business plan during this very important phase of our development. Our shareholders and Company will benefit greatly from near real-time communications, regularly planned updates and increased exposure."

For all future 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.

About AGORACOM Investor Relations Corp.

http://www.agoracom.com

http://www.AgoraIR.com

AGORACOM Investor Relations is North America's leading outsourced investor relations firm for small-cap companies. AGORACOM's exclusive IR HUB delivers two-way investor relations and communications that provides 100% transparency, accessibility, equality and near real-time communications for all shareholders and the investment community.

AGORACOM has specialized in small-cap investor relations since 1997 and is the exclusive provider of all small-cap content to every BlackBerry device on the planet, Yahoo Finance Canada and The AOL Small Cap Channel.

About Cardiac Network Inc.

Cardiac Network Inc. is a medical technology company providing cardiac monitoring services. The service uses unique transtelephonic (by telephone) cardiac recorders that monitor and provide diagnostic information to physicians and their patients.

The HeartLine Monitoring Service is a diagnostic service offered to general practitioners and specialist physicians, for the investigation of patients with abnormal cardiac rhythm and function. The service is prescribed to patients who have irregular or elusive cardiac symptoms that are difficult to detect.

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 would change if those people got to a hospital as fast as possible when a heart attack happened.

HeartLine is a new heart attack detection service that will dramatically improve a patient's chances of surviving a heart attack. The HeartLine Remote Cardiac Care Service helps patients determine within seconds if they are having a heart attack or potential cardiac problem so they can obtain quick treatment.

HeartLine offers a new service that makes it easy and convenient for people to check their symptoms at their earliest cause for concern from anywhere, at any time from onset of symptoms to treatment. Cardiac Network patients are provided a small, easy to use, FDA-Approved handheld EKG device. These devices are capable of recording a 1, 2, 3, channel EKG. The results can reach the referring physician in a few minutes via e-mail, fax, or telephone. Patients have immediate, 24-hour access to the HeartLine Call Center, which is staffed with EKG state certified technicians, supervised by well renowned board certified cardiologists.

Leading cardiologists in the U.S. and Israel have helped to design the service for HeartLine and endorse its potential to save lives and create a new state-of-the-art standard of care use.

To find out more about Cardiac Network Inc. (PINKSHEETS: CNWI), visit our website at www.CardiacNetwork.net

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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