FOR: CARDIOCOMM SOLUTIONS, INC.
TSX VENTURE SYMBOL: EKG
MARS® Event Station users to upgrade to GEMS™ WIN and GEMS™ Lite Arrhythmia software in response to discontinued Windows XP and Server 2003 support
Toronto, Canada – CardioComm Solutions, Inc. ( TSX-V:EKG) (“CardioComm Solutions” or the “Company”), a global medical provider of ECG acquisition and management software solutions is pleased to announce a four year agreement with GE Healthcare’s Diagnostic Cardiology division which will see GE Healthcare recommending their MARS® Event software customer base, upgrade to the GEMS™ WIN platform. All upgrades will be performed by CardioComm Solutions directly.
The GE Healthcare / CardioComm Solutions relationship has been in place for the past eight (8) years during which time CardioComm Solutions has been providing GE HealthCare software under an OEM agreement. With Microsoft’s announcement that Windows XP and Server 2003 support would be discontinued in 2014 and 2015 respectively, GE Healthcare decided that GEMS™ WIN and GEMS™ Lite would be sold in favour of the MARS® Event Station and MARS® Event Station Lite and that the MARS® Event Station and that the MARS® software will no longer be sold.
The recently released GEMS™ WIN and GEMS™ Lite software will provide the same user interface and capabilities of the MARS® Event and Event Lite solutions which will make the transition of an upgrade straight forward and not require staff retraining. In addition, GEMS™ WIN users may take advantage of the integration of new digital and wireless event recorders into their monitoring services as well as retain use of their legacy analogue ECG recorder devices.
CardioComm Solutions and GE Healthcare have reported a long collaborative relationship of ensuring that hospitals and physicians have continued access to the latest ambulatory ECG event management solutions available.
Under the terms of the agreement, GE Healthcare has agreed to actively work with CardioComm Solutions to inform MARS© Software users, or other relevant GEHC clients, that the recently released GEMS™ Software is the next generation release of the MARS© Software for use within a Windows 7 and Server 2008 operating system. Promotion of an upgrade to the GEMS™ Software will be accomplished through a collaborative and joint communication strategy which will include the use of the GEHC salesforce. This agreement will remain in place with annual renewals, until June 2018.
CardioComm Solutions has been successfully selling the GEMS™ WIN software upgrade into its own customer database since June of this year. This agreement adds a new list of prospects that CardioComm Solutions’ sales force will be interacting with actively.
To learn more about the CardioComm Solutions products please see the Company’s website www.cardiocommsolutions.com.
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 is headquartered in
Toronto, Canada, with offices in Victoria,
INFORMATION PLEASE CONTACT:
Etienne Grima, Chief Executive Officer
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
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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
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