CardioComm Solutions, Inc: CardioComm HeartCheck Wireless, Wearable 12 Lead ECG and Holter Patch Solution for Remote and in Home ECG Monitoring Planned for 2021
TORONTO, ON / ACCESSWIRE / December 23, 2020 / CardioComm Solutions, Inc. (TSX VENTURE:EKG) (
CardioComm or the
Company ), a global provider of consumer heart monitoring and electrocardiogram (
ECG ) device and software solutions, confirms plans to develop a multi-lead, wireless, ECG patch device for use in clinics, skilled nursing facilities, clinical trials as well as to support remote patient monitoring (
RPM ) and telehealth services and prescribed in-home arrhythmia monitoring.
The wearable innovation is a result of a software/hardware partnership agreement with South Korea based Healthrian Co. Ltd. (
CardioComm HeartCheck(TM) Wireless, Wearable 12 Lead ECG and Holter Patch Solution for Remote and in Home ECG Monitoring Planned for 2021
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CardioComm Solutions Provides Financing Update
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CardioComm Solutions, Inc: CardioComm Solutions Provides Financing Update
CardioComm or the
Company ), a global medical provider of consumer heart monitoring and medical electrocardiogram (
ECG ) software solutions, confirms that it has secured renewals on $500,000 in loans which had a maturity date of December 31, 2020.
The maturing loans to the Company were described in the Company s press release dated December 21, 2016, and were extended in December 2018 and March 2019, as described in the Company s press releases dated December 27, 2018, and April 12, 2019, respectively. The lenders have agreed to extend the loans until December 31, 2022 with a reduction in interest rates from 10% to 8%.
The Company has the right to repay any loan amounts outstanding at any time, in whole or in installments, without penalty. In addition, each lender may elect to convert its loan into common shares of the Company at a price per share equal to the discounted market price under the polic
Published: Dec 21, 2020
Global Mobile ECG Devices Market: Overview
Electrocardiogram (ECG) is the first test to be performed in case of cardiovascular problems or symptoms of problems of heart. It is a device used to measure heart activity. Conventional ECG devices are tedious and time consuming. Hence, portable mobile ECG devices are gaining popularity due to ease of use, convenience, and non-invasive method. Mobile ECG device is a wireless system with data transmission capabilities through Bluetooth and other advanced technologies. It can be connected to mobiles, tablets, and mobile applications which can send data to storage devices used for analysis by physicians and medical personnel. The device is easy to carry, lightweight, safe, and reliable source for diagnosis as well as monitoring of heart activities.