News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

Cardiac Network Inc. (CNWI) Announces Retail Promotional Program for Its Cardiac Monitors


9/15/2009 10:44:22 AM

SAN FRANCISCO, CA--(Marketwire - September 14, 2009) -

Cardiac Network, Inc. (PINKSHEETS: CNWI) reported today that it will be offering its current inventory of monitors at or below cost to patients through its retail networks as it makes preparations for its next generation of cardiac monitors.

The terms of the promotional program will vary based on whether the monitors are distributed through its web-based retail channel or private label service, but will begin in the fourth quarter 2009 and run for a 30-day period or while its current supplies of cardiac monitors last. The promotion will give subscribers an opportunity to experience the peace of mind knowing that should they experience a cardiac episode, they will be able to communicate 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.

Cardiac Network will make further announcements regarding its next generation of cardiac monitors throughout the remainder of fiscal 2009, or as new products are made available through its clinical and sales channels.

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 a variety of monitors, including unique transtelephonic (by telephone) cardiac recorders that monitor and provide diagnostic information to physicians and their patients.

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:
Cardiac Network, Inc.
Michael Swartzburg
Email Contact
415-362-2020
www.cardiacnetwork.net


Read at BioSpace.com

comments powered by Disqus
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES