MONTREAL, CANADA--(MARKET WIRE)--Mar 4, 2008 -- Heart Health, Inc. (OTCPK: HHEA) is pleased to announce that the Company has consummated the purchasing of 100 percent of the assets related to the Heart Health Monitor (HHM) from Systems Art Holdings Limited. The Company financed the acquisition through the issuance of restricted stock. Included within the list of assets are two Web sites and all mechanical and industrial design specifications.
Systems Art Holdings will enter into a consulting agreement to continue to develop the HHM to bring it into the market. Systems Art Holdings Limited will also assist with patent filings on behalf of Heart Health Inc. which owns the intellectual property.
The HHM is a portable, single lead EKG device developed to monitor the health of the human heart in hospitals, ambulances and patients’ homes. The device was produced to provide patients with a simple way to self diagnose an early warning that they may need medical attention associated with their heart. Additionally, medical data may be downloaded via USB onto ones computer for transmission to healthcare professionals.
“We are elated to have concluded the acquisition of the HHM and look forward to developing a deep and committed relationship with the talented engineers at Systems Art in Hong Kong. These engineers spent the past 4 years perfecting the prototype with meticulous application of science and engineering. Once fully launched this product will contribute in aiding the detection and monitoring of heart disease, the number one killer in the United States,” stated Michael Kron, Chairman and CEO of Heart Health, Inc.
About Heart Health, Inc.:
Heart Health, Inc. is a holding company focused on the development and marketing of innovative, cardiovascular medical device products. The Company intends to revolutionize the way in which people monitor the health of their hearts using newly acquired products such as the Heart Health Monitor.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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Contact: Contacts: Source: Heart Health, Inc.
Investor Relations 1 866 THE APPL(E)
Source: Heart Health Inc.
