Published on September 15, 2009 at 12:31 AM
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.
SOURCE: Cardiac Network, Inc.