DGAP-News

CardioComm Solutions Unveils the HeartCheck(TM) EKG Wrist Band for Apple and Android Smartphones

DGAP-News: CardioComm Solutions, Inc. / Key word(s): Miscellaneous
CardioComm Solutions Unveils the HeartCheck(TM) EKG Wrist Band for Apple and
Android Smartphones

28.06.2016 / 20:33
The issuer is solely responsible for the content of this announcement.

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Toronto, Ontario--(Newsfile Corp. - June 28, 2016) - Established medial
electrocardiogram ('EKG') software and device manufacturer CardioComm
Solutions, Inc. (TSXV: EKG) ('CardioComm Solutions' or the 'Company'),
today unveiled its plans to bring to market the HeartCheck(tm) EKG
Lifeband, a medical-grade EKG and fitness band for over the counter ('OTC')
consumer and patient use.

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The announcement was made following execution of a product development
agreement with US-based NeuroSky Inc. and following the critical step of
establishing EKG compatibility between the NeuroSky device and CardioComm
Solutions' EKG software.

Under the agreement, CardioComm Solutions will manage FDA and Health Canada
regulatory Class II medical device applications and will hold exclusive
sales and marketing rights for HeartCheck(tm) EKG Lifeband within North
America. CardioComm Solutions and NeuroSky will also both have the right to
distribute the EKG band through their own distribution networks in overseas
markets. Multiple revenue streams for CardioComm Solutions are expected to
be created through direct sales of HeartCheck(tm) branded devices, a
connection fee for OEM device overseas sales and recurrent revenue
generated through the SMART Monitoring ECG reading service from all devices
sold.

NeuroSky is the designer and manufacturer of the HeartCheck(tm) EKG
Lifeband and the EKG computer chip technology that is used to acquire the
EKG signals. The band has sensors placed into a waterproof and stylish
sports band, which allows EKGs to be taken simply and discretely by
touching a sensor on the band. The HeartCheck(tm) EKG Lifeband will
additionally track wellness measurements such as physical activity,
nutrition and sleep cycle that are offered by popular non-medical wellness
products manufactured by Fitbit, Apple, Samsung and Microsoft.

Connectivity to Smartphones will be managed via Bluetooth connectivity
through an App designed by CardioComm Solutions that is based on the