CardioNet Corporate Headquarters Impacted by Local Fire; Patient Monitoring Services Fully Intact
August 14 2008 - 5:00PM
Business Wire
CardioNet, Inc. (NASDAQ:BEAT), a leading wireless medical
technology company with an initial focus on the diagnosis and
monitoring of cardiac arrhythmias, announced that a fire which
began at an adjacent new building construction site impacted its
corporate headquarters and caused water and electrical damage.
CardioNet�s patient monitoring services remain fully intact and the
Company expects no significant disruption to its patient monitoring
operations. The Company�s corporate headquarters remain
structurally sound, sustaining damage that will require employees
to work remotely on a temporary basis. The fire has been contained
and no CardioNet employees sustained any injury. The Company�s
corporate Web site and email service have been disrupted
temporarily and the Company is undertaking efforts to get them back
online as quickly as possible. About CardioNet CardioNet, Inc. is a
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. More information can be found at
http://www.cardionet.com. Forward Looking Statements This press
release includes certain forward-looking statements within the
meaning of the �Safe Harbor� provisions of the Private Securities
Litigation Reform Act of 1995 regarding, among other things, our
ability to conduct business outside of our corporate headquarters
and our ability to restore our corporate website and email service
in a timely fashion. Such forward-looking statements are based on
current expectations and involve inherent risks and uncertainties.
These risks include, among other things, the risk of disruption to
our monitoring facilities and potential negative effects on our
operations and financial performance resulting from the fire.
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