Speedus Corp.: Zargis Cardioscan(TM) Unveiled Through Global Marketing and Distribution Alliance With 3M Company

STAMFORD, Conn., Aug. 25 /PRNewswire-FirstCall/ -- Zargis Medical Corp., a spin-off from Siemens Corporate Research and a majority-owned subsidiary of Speedus Corp. , today announced that it has begun selling its Zargis Cardioscan(TM) heart sound analysis software, along with 3M's just-released Bluetooth(R)-enabled 3M(TM) Littmann(R) Electronic Stethoscope Model 3200, as part of its previously announced exclusive multi-year global marketing alliance with 3M. This marketing alliance provides Zargis with a wide-range of global marketing and promotional opportunities along with exclusive rights to sell its products through the world-wide distribution network of the 3M(TM) Littmann(R) brand.

"The ability to record and automatically analyze heart sounds can help improve a clinician's confidence, document complex auscultations, and may keep some patients from going through additional, unnecessary testing," stated Joseph Tartaglia, MD, a practicing cardiologist in White Plains, NY, and clinical assistant professor of medicine at New York Medical College in Valhalla, NY.

"At a time when our nation is focused on leveraging technology to improve healthcare efficiency, these devices represents breakthroughs in auscultation that have the potential to reduce unnecessary referrals, and help clinicians detect pathologic heart murmurs earlier in the treatment cycle," stated John Kallassy, CEO of Zargis Medical. "We believe that the use of our software could enhance the physician experience during every patient exam where a stethoscope is used."

About 3M Health Care

3M Health Care, one of 3M's six major business segments, provides world-class innovative products and services to help health care professionals improve the practice, delivery and outcome of patient care in medical, oral care, drug delivery and health information markets.

About Zargis Medical Corp.

Zargis Medical Corp. develops advanced diagnostic decision support products and services for primary care physicians, pediatricians, cardiologists and other healthcare professionals. Zargis was formed in 2001 when Siemens Corporate Research, a division of Siemens AG , and Speedus Corp. co-invested to develop and market an advanced acoustic technology designed to detect heart abnormalities identified through analysis of heart sounds.

Statements contained herein that are not historical facts, including but not limited to statements about the Company's product, corporate identity and focus, may be forward-looking statements that are subject to a variety of risks and uncertainties. There are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company, including, but not limited to, the continuing development of the Company's sales, marketing and support efforts.

SOURCE Speedus Corp.

CONTACT: Peter Hodge for Zargis and Speedus Corp, 1-888-773-3669 (ext.
23), phodge@zargis.com

Web site: http://www.speedus.com/

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