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CardioComm Solutions Inc. and Meditel Srl Announce Services in Over 500 Pharmacies in Italy
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VICTORIA, B.C., February 22, 2005 - CardioComm Solutions Inc. (TSX-V:CCG) (the "Company", "CardioComm"), is pleased to announce that Meditel Srl ("Meditel") of Milan, Italy is successfully serving over 500 pharmacies throughout Italy offering 12 lead ECG tests, loop event monitoring and other telemedicine services .
Meditel is the exclusive customer for CardioComm's patient management software system called GlobalCardio Ô within the Italian marketplace. Meditel promotes innovative telemedicine services through the Italian pharmacy network and uses GlobalCardioT as the backbone to their system.
Dr. Robert Rocci, President and CEO of Meditel Srl stated that " GlobalCardioT has proven to be an efficient solution..in only a few minutes patients are able to receive their ECG report approved by a cardiologist". Dr. Rocci further observed, "Cardiologists are also very satisfied with the work they can perform no matter where they are. Their patients are able to have their ECGs taken in facilities, such as pharmacies, which are easy to use and are well distributed all over the country".
Recently Meditel started to promote GlobalCardioT to hospitals and university research clinics to monitor arrhythmia and chronic heart failure in discharged patients. To date, four hospitals are using GlobalCardioT for this purpose and, considering the responses demonstrated by this market, many others are expected to be connected. Stephen Martin, CEO of CardioComm, noted "In Italy, hospital administrators appreciate the system's flexibility which allows for each facility to design a customized service to meet particular needs without a significant upfront investment. We are extremely pleased with Meditel's success to date and believe it highlights the broad potential for GlobalCardioT worldwide."
In addition to pharmacies, universities, hospitals and research clinics, GlobalCardioT is currently connected to 60 general practitioners and a few long term care facilities in Italy that are receiving 12 lead ECG services and clinical advice by cardiologists affiliated with Meditel.
About Meditel Srl: Meditel promotes innovative telemedicine services through the Italian pharmacy network. Its primary focus of service lies within the field of cardiology, with 12 leads ECG diagnosis, arrhythmia loop event monitoring and ambulatory blood pressure monitoring. In Italy there are more than 16,000 pharmacies; from a recent market research 79.8% of the Italian population is interested in using new innovative diagnostic services offered by pharmacies. The remote ECG management and interpretation is done with the use of the GlobalCardio Ô system. The clinical service is managed by a group of specialists under the name of MediWebNet. Additional information can be found at www.meditel.mi.it and www.mediwebnet.it
About CardioComm Solutions Inc: CardioComm's patented and proprietary technology is used in products for the recording, viewing, analyzing and storing of electrocardiograms (ECGs), for diagnosis and management of cardiac patients. The Company's products are sold worldwide through a combination of its external distribution network and its North American based sales team. CardioComm has achieved its technical goals of improved access and communication through the development of a real-time ECG viewer. CardioComm is the first company to provide a real-time means of viewing ECGs over a network (LAN, WAN or Internet). This tool enables ECGs to be viewed and controlled live, by physicians, over a global virtual healthcare network. This technology is marketed as Global ECG Management System (GEMST) and GlobalCardioT. CardioComm's software products have been cleared for sale in the United States by the U.S. Food and Drug Administration. The Company has earned the latest ISO 13485 certification.
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On behalf of the Board of Directors of CardioComm Solutions Inc.:
“Stephen Martin”
Stephen R. Martin, President & CEO
For investor information, please contact: Stephen Martin
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