SAN FRANCISCO, CA--(Marketwire - May 19, 2011) -
Cardiac Network, Inc. (PINKSHEETS: CNWID
), a cardiac monitoring company located in San Francisco, CA, announces today that effective immediately it is moving its principal business offices to Palm Desert, CA. This relocation will enable the company to better accommodate its growth and business development plans; in particular, the company anticipates that this move will facilitate its joint venture with Pacific Coast Innovations, LLC. This project has, as its primary objective, the unveiling of a new, technologically advanced and state-of-the-art cardiac monitoring system.
About Cardiac Network:
Cardiac Network, Inc. is a medical technology company that has participated in cardiac monitoring research projects with hospitals, and has provided cardiac monitoring and diagnostic services to general practitioners and specialist physicians for the investigation of patients with abnormal cardiac rhythm and function. Past services provided by the company have utilized unique trans-telephonic (by telephone) cardiac recorders that monitor and provide diagnostic information to physicians and their patients. Cardiac Network has focused its efforts toward developing new monitoring technologies that can be used by individuals outside of their physician's offices to help them quickly and conveniently determine if they are having potential cardiac problems, and so that they can obtain needed medical treatment. Learn more about Cardiac Network, Inc. by visiting http://www.cardiacnetwork.net
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.