CardioNet, Inc. (NASDAQ:BEAT), a leading wireless medical technology company with a current focus on the diagnosis and monitoring of cardiac arrhythmias, today announced the launch of its next generation Mobile Cardiac Outpatient Telemetry device.
Joseph Capper, President and Chief Executive Officer of CardioNet, commented: "The launch of this state-of-the-art system is further evidence of our commitment to advancing cardiac monitoring solutions to meet the evolving needs of physicians and their patients. The introduction of this new device enhances our leadership position in cardiac monitoring with capabilities to improve the patient experience and reduce costs. The new device will enable physicians to offer the product in their offices, shortening the time to patient activation. The monitor also incorporates instructional video which, combined with the recent launch of an online tutorial, will further improve the patient experience. The cost to manufacture this product is approximately one-third less compared to our current system. Additionally, the product's flexible design will facilitate the seamless introduction of planned future enhancements."
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