Cardiac Network Announces Retail Promotional Program for Its Cardiac Monitors
September 14 2009 - 4:00PM
Marketwired
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
Cardiac Network (CE) (USOTC:CNWI)
Historical Stock Chart
From May 2024 to Jun 2024
Cardiac Network (CE) (USOTC:CNWI)
Historical Stock Chart
From Jun 2023 to Jun 2024