HeartCheck PEN Devices to be Available in Rexall Pharmacies in Ontario and Alberta
CardioComm Solutions, Inc. – April 21, 2015 – CardioComm Solutions, Inc. (TSX-V:EKG) (“CardioComm Solutions” or the “Company”), a global medical provider of electrocardiogram (“ECG”) acquisition and management software solutions, announces the HeartCheck™ ECG PEN is now available on the shelves of select Rexall Pharmacies in Canada.
Participating Rexall Pharmacies will display the HeartCheck™ ECG PEN in their diabetes over-the-counter (OTC) section. In-store product literature for customers as well as pharmacists will be made available from CardioComm Solutions in the participating stores. In promoting the launch of the HeartCheck™ ECG PEN, Rexall will promote the device within the Heart Health section of the Health + Wellness area of Rexall’s corporate website. In addition, CardioComm Solutions will list those store locations where product has been received by Rexall stores on the CardioComm Solutions HeartCheck™ Website at www.theheartcheck.com.
The HeartCheck™ ECG PEN is approved by Health Canada and the FDA for OTC sales and represents the newest Class II medical device approved for every day home-use in the past 40 years. Its availability represents a groundbreaking advancement that enables progressive pharmacies to offer their clients the opportunity for personalized, in-home heart health monitoring. To the concerned or motivated consumer, the HeartCheck™ ECG PEN will allow them to monitor their heart right at the time they experience difficult to capture or unpredictable symptoms such as racing heart rates, palpitations, dizziness or irregular heartbeats. ECG recordings can be saved and shared with the person’s health care provider, or sent to the Company’s SMART Monitoring ECG service for review, interpretation and confirmation of the presence of a potential cardiac arrhythmia within 30 minutes.
Intended not only for those actively interested in taking control in maintaining their health, the HeartCheck PEN is also for those living with chronic conditions such as hypertension, diabetes, congestive heart disease and may help to identify the presence of atrial fibrillation (AF) and track for signs for risk of sudden cardiac death such as prolonged QRS duration and QT intervals. AF is the most common arrhythmia in developed countries and is associated with a doubling of risk for dementia, a tripling of risk for heart failure, and a 40% to 90% increased risk for overall mortality, according to the Framingham Heart Study. Individuals with atrial fibrillation also have a very high risk of stroke that is 3 to 5 times greater than those without AF according to the Canadian Heart and Stroke Foundation.
The HeartCheck PEN introduction into Rexall marks another important milestone in CardioComm Solution’s efforts to expand sales throughout Canada. It comes at a time when the provision of managed healthcare in Canada is moving away from traditionally exclusive healthcare providers such as hospitals and when informed consumers are increasingly taking charge of managing their own health. This paradigm shift is one that pharmacies and pharmacists are playing an active role in. Through the introduction of qualified medical devices such as the HeartCheck™ ECG PEN, this continuing shift will serve to relieve some of the current pressures on a heavily burdened Canadian Health Care system. The HeartCheck™ ECG PEN device and GEMS™ Home software will specifically enable consumers to be proactive in managing an important aspect of their health that previously was not possible without a visit to a physician or medical testing laboratory.
CardioComm Solutions will provide further updates on the HeartCheck™ Program and participating pharmacy locations at the www.theheartcheck.com website.
About CardioComm Solutions
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, Inc. is headquartered in Toronto, Canada, with offices in Victoria, B.C.
With a heritage dating back to 1904, Rexall and Rexall Pharma Plus pharmacies are among the most trusted names in retail pharmacy. Rexall is focused on helping Canadians feel good about their health through easy access to a wide assortment of health and wellness services and products. Supported by our team of 8,600 employees in 457 pharmacies across the country, Rexall is continually evolving to enhance the customer experience. For more information visit Rexall.ca.
Etienne Grima, Chief Executive Officer
investorrelations [at] cardiocommsolutions [dot] com
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 forward-looking information involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements and forward-looking information.
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