BEAT HeartBeam Inc

CardioNet, Inc. announced today the initial public offering of 4,500,000 shares of common stock at a price of $18.00 per share. 3,000,000 shares are being offered by CardioNet and 1,500,000 shares are being offered by Guidant Investment Corporation. In addition, Guidant Investment Corporation has granted to the underwriters a 30-day option to purchase up to an additional 675,000 shares of common stock to cover over-allotments, if any. CardioNet common stock is expected to begin trading on the NASDAQ Global Market under the trading symbol BEAT on Wednesday, March 19, 2008. The offering is being made through an underwriting syndicate led by Citigroup Global Markets, Inc., acting as sole book-running manager. Lehman Brothers Inc. is acting as joint lead manager and Leerink Swann LLC and Thomas Weisel Partners LLC are acting as co-managers. A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on March 18, 2008. This offering is being made by means of written prospectus. Copies of the final prospectus relating to the offering may be obtained by calling toll-free 1-800-831-9146 or by contacting Citigroup Corporate and Investment Banking, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220 (Tel: (718) 765-6732; Fax (718) 765-6734). This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About CardioNet CardioNet is the leading provider of ambulatory, continuous, real-time outpatient management solutions for monitoring relevant and timely clinical information regarding an individual's health. CardioNet�s initial efforts are focused on the diagnosis and monitoring of cardiac arrhythmias, or heart rhythm disorders, with a solution that it markets as the CardioNet System.