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CardioComm Solutions Inc V.EKG

Alternate Symbol(s):  EKGGF

CardioComm Solutions, Inc. is a global medical provider of consumer heart monitoring and medical electrocardiogram (ECG) software solutions. The Company’s technology is used in products for recording, viewing, analyzing and storing electrocardiograms for diagnosis and management of cardiac patients. It develops advanced software, hardware and core laboratory reading services related to ECG and ambulatory arrhythmia monitoring systems for medical and consumer markets globally. Its Global ECG Management Solutions (GEMS) and GlobalCardio (Cloud based GEMS) products are licensed worldwide to hospitals, ECG commercial reading services and physicians. The Company is also engaged in manufacturing, marketing, and sales of personal ECG monitors direct to consumers. The products are marketed under the HeartCheck brand. It has developed compatibility of the HeartCheck device to its GEMS and GlobalCardio based software to enable use of the device for remote ECG/arrhythmia monitoring services.


TSXV:EKG - Post by User

Bullboard Posts
Comment by word99on Mar 05, 2017 1:57pm
177 Views
Post# 25934038

RE:The November release really caught my attention

RE:The November release really caught my attention
Mr. Grima commented, “There’s so much potential here. I believe CardioComm can also enter into the ECG services market even better than large providers such as CardioNet. Many ECG monitoring groups have an extensive service platform that they have largely bought from someone else and then modified. They have one or two devices they use to collect patient ECG information. In contrast, we have the latest software with medical device clearances on the software itself thereby opening the entire world with which to pick devices. to tWe don’t want to build a new company presence in the States but rather look to an acquisition or partnership model with American IDTFs (independent diagnostic facilities) who have real estate, existing regional business and political relationships and experience, but don’t have the right connectivity technologies because they’re buying other people’s software or are not fully benefiting from access to new wireless ECG monitoring devices”. CardioComm plans to offer access heir technologies via syndication to provide IDTF’s access to a cost effect solution with reduced overhead and operating costs resulting in increased profitability. Through synergy with CardioComm, the existing and fragmented IDTF market will have an opportunity to access a common (GEMS™ based) ECG software platform. CardioComm can also offer its syndicated IDTFs access to cost-effect pricing for ECG monitoring devices through its existing OEM relationships. Why not go this route given CardioComm has been providing IDTFs individual ECG solutions licenses to run their business for years.”
Read more at https://www.stockhouse.com/news/newswire/2016/08/24/cardiocomm-solutions-v-ekg-readies-for-transformative-year#OfYLi6gT4LaLAVFT.99
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