CardioComm Solutions Establishes Research Partnership with University of Texas at Austin for HeartCheck(tm) ECG Services in C...
28 Maggio 2014 - 2:59PM
Access Wire
HeartCheck(TM) Technologies to be used to
identify people at risk for potentially life-threatening drug side
effects
Toronto, Canada / ACCESSWIRE /
May 28 2014 / CardioComm Solutions, Inc. (TSX-V:EKG) ("CardioComm
Solutions" or the "Company"), a global medical provider of
electrocardiogram ("ECG") acquisition and management software
solutions, today announced it has entered into a partnership
agreement with the Clinical
Neuroendocrinology Laboratory at the University of Texas at Austin
(UT-Austin). The agreement involves CardioComm Solutions supplying
HeartCheck(TM) ECG recording devices and access to the Company's
patent-pending SMART Monitoring ECG services to be used in
screening research subjects for the presence or absence of
medication induced cardiac abnormalities.
Through the partnership, the UT-Austin research
team will purchase HeartCheck(TM) devices and access to the SMART
Monitoring ECG service. CardioComm Solutions will also provide
enhanced training and support to the research staff and
consultation as requested on protocol methodologies. All projects
will involve collection of ECG data from research subjects by the
UT-Austin research team using the HeartCheck(TM) ECG monitor. The
resulting ECG files will be imported into CardioComm Solutions'
GEMS(TM) Home file management software. Selected ECGs will then be
transferred into the CardioComm Solutions cloud-based SMART
Monitoring ECG service where the Company will provide ECG
interpretation services and ECG over-read by a cardiac
electrophysiologist.
"The
CardioComm Solutions' ECG technologies are a critical part of our
research protocols. The web-based ECG services will allow ECGs that
are produced by HeartCheck(TM) ECG devices to be securely uploaded
to CardioComm Solutions' ECG core lab services," stated Robert
Josephs, who has appointments in the Department of Psychology,
Institute for Neuroscience, and Institute for Mental Health
Research at UT-Austin. "We expect our relationship with CardioComm
Solutions to play a continuing and key role in our ongoing drug
trials, which are designed to shed new light on the biologic
processes underlying anxiety, depression, post-traumatic stress
disorder and psychopathy. Combining their FDA cleared ECG
management technology and service with our experience in the
performance of clinical research studies will increase the
likelihood that our projects will expand into large, multi-site NIH
peer-reviewed research projects."
"Our
partnership with the Clinical Neuroendocrinology Laboratory at
UT-Austin fits our corporate goal for continued support of research
and expansion of the use of our ECG monitoring technologies.
Support of such research studies, with in-kind contributions,
furthers our intention to develop long-term and mutually-beneficial
relationships with universities, hospitals and pharmaceutical
companies. These relationships will also have the added benefit of
allowing CardioComm Solutions to participate in the publication of
peer-reviewed studies, which will serve to: a) further validate our
systems in clinical and research applications, and b) help position
CardioComm Solutions' devices as the standard ECG screening
technology for use in large, multi-centre, peer-reviewed studies.
These proposed expansions will lead to the generation of new
revenue streams from the sales of devices and ECG reading, Software
as a Service (SaaS) use," reported Etienne Grima, Chief Executive
Officer of CardioComm Solutions.
More
information regarding the use of the HeartCheck(TM) products and
SMART Monitoring ECG service in clinical, commercial and research
use can be found at www.theheartcheck.com.
About CardioComm Solutions
CardioComm Solutions' patented
and proprietary technology is used in products for recording,
viewing, analyzing and storing electrocardiograms (ECGs) for
diagnosis and management of cardiac patients. Products are sold
worldwide through a combination of an external distribution network
and a North American-based sales team. The Company has earned the
ISO 13485 certification, is HPB approved, HIPAA compliant, and has
received FDA market clearance for its software devices. CardioComm
Solutions, Inc. is headquartered in Toronto, Canada, with offices
in Victoria, B.C.
Etienne Grima, Chief Executive Officer
1-877-977-9425
investorrelations@cardiocommsolutions.com
www.cardiocommsolutions.com
Forward-looking statements
This release may contain
certain forward-looking statements and forward looking information
with respect to the financial condition, results of operations and
business of CardioComm Solutions and certain of the plans and
objectives of CardioComm Solutions with respect to these
items. Such statements and information reflect
management's current beliefs and are based on information currently
available to management. By their nature,
forward-looking statements and forward-looking information involve
risk and uncertainty because they relate to events and depend on
circumstances that will occur in the future and there are many
factors that could cause actual results and developments to differ
materially from those expressed or implied by these forward-looking
statements and forward-looking information.
In evaluating these
statements, readers should: specifically consider risks discussed
under the heading "Risk
Factors" in the Company's Annual Information Form,
available at www.sedar.com; not to place
undue reliance on forward-looking statements and forward-looking
information; be aware the Company does not assume any obligation to
update the forward-looking statements and forward-looking
information contained in this Annual Information Form other than as
required by applicable laws (including without limitation Section
5.8(2) of National Instrument 51-102 (Continuous
Disclosure Obligations).
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
SOURCE: CardioComm Solutions, Inc.
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