CardioComm offers services to HeartCheck device owners 2013-12-10 11:43 ET - News Release
Mr. Etienne Grima reports
CARDIOCOMM SOLUTIONS TO OFFER FREE SMART MONITORING ECG READINGS TO HEARTCHECK(TM) DEVICE OWNERS THROUGH GEMS HOME IN THE UNITED STATES. FREE CARDIAC ARRHYTHMIA SURVEILLANCE AVAILABLE AT NO COST TO THOSE WITH A PHYSICIAN PRESCRIPTION
CardioComm Solutions Inc. shall be providing HeartCheck SMART Monitoring ECG services at no cost, effective Dec. 10, 2013, for its U.S.-based customers who have been provided a HeartCheck device under a physician prescription.
The U.S. Food and Drug Administration (FDA) cleared both the over-the-counter ("OTC") and prescription use of the handheld HeartCheckTM ECG devices and associated GEMS Home software in use by CardioComm Solutions. The Company remains the only organization that is permitted to show ECG waveforms to consumers without a prior physician prescription. While the Company has developed a business from the OTC sales of the HeartCheckTM PEN ECG device, they also hold a May 17, 2012, FDA clearance for the prescribed use of the HeartCheckTM PEN. Over the subsequent 12 months the Company established a software service infrastructure with SunGard to accommodate global expandability of the now patent-pending SMART Monitoring ECG reading service. This service infrastructure is adherent to personal and health information protection requirements and maintains ISO, FDA, Health Canada and CE Mark standards to ensure protection of the Class II and Class I classifications for CardioComm Solutions' software and devices.
"We have been steadily building our SMART Monitoring capabilities and use cases for the HeartCheckTM devices. In April 2013 we established a rapid, 30 minute on average ECG reading service for ECGs submitted through GEMS Home. Last month we released GEMS Home 1.2 that allows both the HeartCheckTM PEN and the HeartCheckTM ECG monitors to interact with our SMART Monitoring ECG service. With these latest milestones completed, we are now able to expand use of our HeartCheckTM devices so that our American customers with a physician prescription for arrhythmia surveillance will be able to receive up to three ECG interpretations in one day at no cost. After submitting a third ECG in a 24 hour period, the usual pay-as-you go model will apply as is currently in place for OTC consumer driven sales of the HeartCheckTM PEN device," said Etienne Grima, Chief Executive Officer of CardioComm Solutions.
"What this announcement means is that another barrier has been removed to enable more people who would benefit from extended ECG monitoring periods or prolonged arrhythmia surveillance to now have access to the ECG monitoring they need. Everyone becomes at a higher risk for arrhythmias, such as atrial fibrillation ("AF"), as they age and those with hypertension, diabetes and prior cardiac issues are at highest risk," said Tony Spires, Chief Executive Officer of Humble, Texas based SPI Scanning LLC ("SPI"). "We have been very impressed with the performance of the SMART Monitoring service from CardioComm Solutions and look forward to working with them in support this newest offering." CardioComm Solutions announced their strategic relationship with SPI in an April 24, 2013 press release.
CardioComm Solutions will continue to introduce new enhancements into its GEMS Home solution and SMART Monitoring ECG services throughout the coming year. "We intend to continue to update our customers and shareholders as new programs and partnerships are announced. With respect to the free ECG readings, we will make available the required information and prescription form directly from our website at www.theheartcheck.com. We are also examining the expansion of no-cost, prescription driven ECG readings into Canada," said Simi Grosman, member of the Board of Directors for CardioComm Solutions.
We seek Safe Harbor.