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Cardiac Network

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Cardiac Network Inc.
(OTC: CNWI)

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"Cardiac Network, Inc. Announces Deal With Med Mobile to Add Wireless Emergency Communication and GPS Location to Cardiac's Medical Monitoring Services"

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Financial Snapshot:

Business:
Cardiac Monitoring Technology
Exchange:
OTC
Symbol:
CNWI
Current Price (06/18/09):
$0.33

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Cardiac Network Inc. (OTC: CNWI)

Detailed Quote: http://www.otcpicks.com/quotes/CNWI.php

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Company Overviewimg

CARDIAC NETWORK, the only place for all your cardiac monitoring needs. Cardiac Network has a team with over fifty years experience in accurately diagnosing syncope and irregular arrhythmias.

CARDIAC NETWORK will supply you with the most up-to-date recorder / transmitter at no cost to you.

Guide the patients: patients get customized care to use the monitor as an event device or looping recorder for greater achievement in obtaining hard to pin down symptoms.

Aid is supported for the visually or hearing impaired patients as well as interpretive services for the multilingual patients.

Collect the test data: at the start of monitoring process a baseline will be obtained from each patient. A patient may continuously send out an infinite number of tests throughout the day.

CARDIAC NETWORK will deliver patients results to you where and when you need it. Our reporting to you is per your specifications and guidelines. Immediate turnaround of test results, as quickly as 15 minutes, via email, fax or phone to you.

Products

HeartOneimg

Pocketsize Transtelephonic ECG Event Recorder. Innovative, Single Lead, Easy-to-Record Post Event ECG Recorder/Transmitter for User Any Time, Any Place

HeartOne is unique in its portability and capabilities of maximizing patient mobility. This state-of-the-art device does not require a patient cable. It’s so small that it easily fits into a pocket, making it readily available for use at any time and place. Patients simply place two thumbs on designated electrodes and push one button to record a rhythm lead. Recorded results can be transmitted to the Heartline Receiving Station (HRS) from any standard telephones

Applications

  • Diagnosis of Cardiac symptoms
  • Remote, home/clinic monitoring of chronic heart patients
  • Post-myocardial infarction follow-up
  • Arrhythmia detection
  • Pediatric use (with chest electrodes)

Features

  • 2 Electrodes (thumb and chest)
  • 2 activation buttons
  • Records and stores up to four 30 second rhythm strips
  • Non-volatile memory
  • Low-battery light

Benefits

  • Diagnostic reliability
  • Easy-to-send
  • Pocket-size portability

Heart2005Aimg

Pocketsize Transtelephonic ECG Event Recorder. User-Friendly Loop Event Recorder for Accurate Documenting of Transient Cardiac Events

Heart 2005A is the answer for long-term transtelephonic monitoring. Simple to use, the patient presses a button once symptoms begin in order to record all pre and post ECG segments. By pressing the “Transmission” button, the patient sends the recorded ECG over the telephone to Aerotel’s Heartline Receiving Station (HRS) for immediate diagnosis.

Applications

  • Diagnosis of Cardiac symptoms
  • Remote, home/clinic monitoring of chronic heart patients
  • Post-myocardial infarction follow-up
  • Arrhythmia detection
  • Pediatric use (with chest electrodes)

Features

  • 2 Electrodes (thumb and chest)
  • 2 activation buttons
  • Records and stores up to four 30 second rhythm strips
  • Non-volatile memory
  • Low-battery light

Benefits

  • Diagnostic reliability
  • Easy-to-send
  • Pocket-size portability

Management

Eli Gang, MD, FACC, FACP - Medical Director, Cardiac Network

Dr. Gang serves as the Medical Director of the Company. He is a practicing Clinical Electrophysiologist, who is Board Certified in Internal Medicine, Cardiology, and Clinical Electrophysiology. He graduated from Columbia University's College of Physicians & Surgeons, and did his Cardiology and Electrophysiology training at Columbia University's Presbyterian Hospital.

He was co-Director of the Clinical Electrophysiology Laboratory at Cedars-Sinai Medical Center from 1983-1988.

He currently practices Cardiology and Clinical Electrophysiology in Los Angeles, where he is also Clinical Professor of Medicine at the Geffen School of Medicine at UCLA.

Michael C. Swartzburg - Director, President and Chief Executive Officer

Michael was appointed interim President and CEO of Cardiac Network in September 2008. His responsibilities include implementing the next phase of Cardiac Network, Inc.’s marketing and product initiatives, securing funding for the company’s growth and ability to service existing and new contracts, bolstering the company’s executive management team with seasoned medical industry professionals and overseeing the company’s compliance and investor relations functions.

Michael brings an extensive finance and business background to Cardiac Network, having actively participated in several mergers ranging in size from multi-millions to billions of dollars, as well as numerous mergers, acquisitions, and initial public offerings. Michael also brings to Cardiac Network industry-specific experience having previously served as the Director of Finance for Align Technology, Inc., a medical device company engaged in the design, manufacture and marketing of the world’s leading invisible orthodontic product. Prior to Align, Michael served as Corporate Controller for Cardiac Pathways Corporation, where he successfully completed a merger with Boston Scientific Corporation. Michael has also worked in management and consultant roles for companies such as Dolby Laboratories, Hewlett Packard, VeriFone and many other medical device, pharmaceutical and technology companies in the San Francisco Bay area. Michael worked at Ernst & Young, LLP in Los Angeles and San Jose, CA, is a Certified Public Accountant and holds a Masters of Business Administration degree.

Zev Helfer - Executive Vice President, Worldwide Sales and Marketing

As Executive Vice President of Worldwide Sales and Marketing, Zev is responsible for the company’s sales expansion and new strategic initiatives across the company and management of the Worldwide Sales and Marketing group. Additionally, Zev works closely with the company’s largest medical service provider groups and hospitals in creating mutually beneficial service agreements.

Zev brings an impressive background in the medical device and service industry. Zev started an event monitoring company in 1986 named Cardiotrace, which was one of a limited number of companies in the diagnostic field engaged in cardiac event monitoring. Cardiotrace placed approximately 10,000 monitors in medical offices, and had revenues in the first year of operation in excess of $19 million. Zev sold his stake in the company in 1994. Using his extensive network of medical companies and physicians, Zev founded Cardiac Network in 2007, after researching the demand for supplying cardiac monitors to physicians, and the ability to seek reimbursement from Medicare and private insurance companies. Zev’s leadership has led to the company’s rapid entry into the healthcare service provider system, including securing approval for reimbursement from Medicare and leading regional and national healthcare service providers.

HeartOne Club

Heart attacks are now the leading cause of death in America and the world. Over 700,000 people die each year from heart attacks and cardiovascular disease in the U.S. (Source: Heart Association, 4-08).

Yet up to half of heart attack victims could be saved or avoid crippling injury if only they got medical attention in time.

Why do heart attack victims often wait until it’s too late? One common reason is that they don’t realize they’re having a heart attack.

Although a heart attack can be sudden and intense, they can also start slowly, and be mistaken for common heartburn. Other patients are simply reluctant to see a doctor and delay until it’s too late.

So how do you know if the heartburn we all have from time-to-time is nothing to worry about or symptoms of something more serious, that requires immediate medical attention?

Until now there was no quick or easy way. Even if you go to a hospital emergency room, it could be hours before a doctor sees you and could cost you thousands of dollars.

That’s where the company's Pocket Heart Monitor could be a literal “life-saver” for millions of us who are over 40, overweight, have diabetes, or other high-risk factors for heart attacks.

Together, with CNWI's exclusive HeartOne Club, our Monitor they can tell you in just minutes if apparent heartburn or minor chest pains are nothing to worry about or symptoms of something more serious that requires immediate medical attention.

Use CNWI's service just once and it could save you thousands of dollars, save your life, and help you avoid the debilitating damage of a stroke or heart attack.

The Pocket Heart Monitor and their HeartOne Club are also ideal for your parents, spouse, relatives and other loved-ones who are reluctant to see a doctor, tend to ignore symptoms, or who are reluctant to go to the trouble and huge expense of going to a hospital emergency room.

For the price of a daily cup of coffee you could save your life

How do you know if heartburn or pains in your chest are simply a muscle strain or symptoms of something much more serious?

Until now, there was no safe, fast, easy way for you find out without going to the emergency room or your doctor. But thanks to CNWI's HeartOne Club Pocket Heart Monitors, you can find out virtually instantly, and quickly get medical attention, if you should need it. Not only does the Pocket Heart Monitor enable you to quickly find out if you are suffering from a minor ailment or something much more serious, it also lets you avoid the trouble and delay of going to see a doctor or visit a hospital emergency room. Even the simplest doctor visit for heart problems will now cost you at least $50 for the office charges and at least another $50 for getting an ECG. Further, if you don’t have an appointment, you can wait for hours before a doctor sees you. But once you are a HeartOne Club subscriber, you can find out virtually instantly and at no additional charge if you should seek medical attention.

How the compnay's Life-Saving Pocket Heart Monitor Works

CNWI's Pocket Heart Monitor is a simple pager-sized device you can carry with you anywhere, and you can transmit your heart readings over any phone – including your cell phone.

The HeartOne Club Pocket Heart Monitor easily fits in the palm of your hand. Cardiologists now recommend mobile heart monitors for all patients at risk for heart attack. No prescription is necessary. You can place online, phone or fax orders and begin using our monitor immediately upon receipt.

If you experience unusual chest pains or other symptoms that cause you concern, you can call our Heart Receiving Station at 800-551-0155. Members will be able to speak with a CCI Certified Technician, supervised by a board certified cardiologist available 24/7 in case of an emergency.

Follow the technician’s instructions, hold your Heart Monitor up to the telephone, and hit “play.”

In just minutes, CNWI's expert on-staff specialist will tell you if your chest pains are nothing to worry about or signs of a serious condition that requires immediate medical attention.

Member’s emergency contact information and previous ECGs are securely stored in the HIPAA compliant HeartOne database for immediate access and individualized evaluation of your condition.

In the event of an emergency, Cardiac Network’s staff will stay on the line to help its members through the emergency procedures:

  • Immediately arranges for a local ambulance
  • Notifies the member’s regular physician and emergency contacts
  • Transfers ECG and relevant information to the Emergency Room to expedite treatment and increase your chances of survival

Heart patients can even wear the device 24-hours-a-day, discretely under their shirt.

CNWI's Pocket Heart Monitor is as unobtrusive as you can imagine. Yet it could make the difference between life and death.

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Recent CNWI News:

June 18 - Cardiac Network, Inc. Announces Deal With Med Mobile to Add Wireless Emergency Communication and GPS Location to Cardiac's Medical Monitoring Services

Cardiac Network, Inc. (PINKSHEETS: CNWI), a leader in advanced mobile medical monitoring, announced today that it has formed a joint venture with Med Mobile, which will allow Cardiac to begin offering Personal Emergency Response Systems (PERS) to its patients and HeartOne Club members at www.heartoneclub.com. PERS devices contain a distress button and integrated active GPS system that can activate a "panic" alert to Cardiac's 24/7 monitoring station, provide accurate location tracking and get immediate live assistance when and where it is needed. At the touch of a button, patients can talk 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.

"Our patients want to take control of their health and well being," stated Michael Swartzburg, Cardiac Network's President and CEO. "With Med Mobile, we can use advanced wireless technologies to bring peace of mind and deliver real-time medical monitoring, communication and response in the event of an emergency, virtually anywhere, anytime."

Med Mobile is a virtual network operator with world wide network roaming agreements. Cardiac and Med Mobile joint venture will use its wireless network to offer innovative wireless monitoring solutions for improving people's health, safety and quality of life. PERS devices are especially useful for elderly, chronically ill, children (including autistic and developmentally disabled) or lone workers, as well as their relatives and caregivers.

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 unique transtelephonic (by telephone) cardiac recorders that monitor and provide diagnostic information to physicians and their patients. Cardiac Network also offers its services and advanced mobile technology to individuals which help them quickly determine if they are having potential cardiac problems so that they can obtain immediately needed medical treatment. Learn more about Cardiac Network Inc. by visiting, www.cardiacnetwork.net and the HeartOne Club at www.heartoneclub.com.


Cardiac Network Inc

833 Market St. 10th Floor,
San Francisco CA 94103
Phone: (415) 362-2020
Fax: (415) 249-0990

Website:
www.cardiacnetwork.net

 

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Disclosure: OTCPicks.com has been compensated two thousand five hundred dollars from BlueWave Advisors for CNWI advertising and promotional services.

 

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