CardioNet Corporate Headquarters Impacted by Local Fire; Patient Monitoring Services Fully Intact

2008-08-14 23:29:05 -

www.cardionet.com - CardioNet, Inc. Marty Galvan Investor Relations 646-536-7030 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 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.

Expects No Significant Disruption to Monitoring Operations