Newcardio, Inc. (NWCI)

[califax]

NewCardio Selected to Make Presentations at 15th Annual World Congress on Heart Disease

Date : 06/02/2010 @ 8:30AM
Source : Business Wire
Stock : NewCardio, Inc. (NWCI)

http://ih.advfn.com/p.php?pid=nmona&article=43061801&symbol=NWCI

NewCardio, Inc., (OTCBB: NWCI) a cardiac diagnostic technology provider, announced today that two of its most recent medical and technical submissions have been accepted for presentation at the prestigious 15th Annual World Congress on Heart Disease to be held in Vancouver BC on July 24-27, 2010. The Company will present data from both the advanced coronary artery disease (CAD) and atrial fibrillation (AF) clinical studies, with additional information from ongoing CardioBip™ clinical studies. The data supports CardioBip’s suitability for long-term monitoring of patients with CAD and AF.

The Company believes that acceptance of these submissions – which present important clinical data supporting the accuracy and effectiveness of its CardioBip product - reflects the growing interest in telemedicine and the recognition of NewCardio’s technologies as effective solutions in the field. CardioBip is a unique, hand held device that gives accurate and timely diagnoses of acute cardiac events, and facilitates immediate intervention in life-threatening situations – even when the patient is far removed from a medical care center. Images of the CardioBip are available at www.newcardio.com/products-cardio-bip.php.

Branislav Vajdic, Ph.D., NewCardio’s CEO, commented, "Our acceptance to the 15th Annual World Congress on Heart Disease reflects the remarkable and ongoing success of our academic medical collaborators, and our technical and scientific teams. We believe that they will provide strong technical and clinical evidence supporting the potential of CardioBip as a key telemedicine solution for monitoring patients with very serious and unfortunately common cardiac diseases. CardioBip, without any leads and wires, is patient tolerable and provides reconstructed full 12-lead ECG data. Many cardiac patients would benefit from this improved diagnostic tool and its better long-term monitoring options.”

The Congress will provide the opportunity for a comprehensive overview of the latest research developments in cardiovascular medicine, primarily in the areas of molecular biology, coronary artery disease, heart failure, cardiac arrhythmias and cardiac surgery.

About NewCardio, Inc.

NewCardio is a cardiac diagnostic and services company developing and marketing proprietary software platform technologies to provide higher accuracy to, and increase the value of, the standard 12-lead ECG. NewCardio's 3-D ECG software platform reduces the time and expense involved in assessing cardiac status while increasing the ability to diagnose clinically significant conditions which were previously difficult to detect. NewCardio's software products and services significantly improve the diagnosis and monitoring of cardiovascular disease, as well as cardiac safety assessment of drugs under development. For more information, visit www.newcardio.com.

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based on currently available information and assumptions made by management. Although we believe that the assumptions on which the forward-looking statements contained herein are based are reasonable, any of those assumptions could prove to be inaccurate given the inherent uncertainties as to the occurrence or nonoccurrence of future events. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in the forward-looking statements due to numerous factors, including the potential risks and uncertainties set forth in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2009 and relate to our business plan, our business strategy, development of our proprietary technology platform and our products, timing of such development, timing and results of clinical trials, level and timing of FDA regulatory clearance or review, market acceptance of our products, protection of our intellectual property, implementation of our strategic, operating and people initiatives, benefits to be derived from personnel and directors, ability to commercialize our products, our assumptions regarding cash flow from operations and cash on-hand, the amount and timing of operating costs and capital expenditures relating to the expansion of our business, operations and infrastructure, implementation of marketing programs, our key agreements and strategic alliances, our ability to obtain additional capital as, and when, needed, and on acceptable terms and general economic conditions specific to our industry, any of which could impact sales, costs and expenses and/or planned strategies and timing. We assume no obligation to, and do not currently intend to, update these forward-looking statements.