MINNEAPOLIS and BOTHELL, Wash., July 22 Best Buy (NYSE: BBY) unit Best Buy For Business and Cardiac Science Corporation (Nasdaq: CSCX) today announced an alliance to help physicians overcome the medical technology challenges that impede rapid adoption of connected medical technologies. Best Buy For Business serves small and medium businesses and provides a wide array of computing products and expert information technology (IT) support services. Cardiac Science Corporation is a global leader in automated external defibrillator (AED) and diagnostic cardiac monitoring devices.
The partnership is an important pillar in the business unit's strategy to focus on markets with the strongest need and growth potential.
"Healthcare reform incentivizes physicians to adopt medical technologies that network with electronic medical record systems, and there is a great unmet opportunity for IT expertise in the small and mid-size medical office," said Glen Swanson, vice president of the Business Customer Group at Best Buy. "Our relationship with Cardiac Science will enable us to more effectively serve tens of thousands of physicians who are seeking support for their IT needs."
The Best Buy For Business team will help physician offices choose computing and networking products which will allow utilization of Cardiac Science medical device purchases, including products such as CareCenter MD, a new PC-based diagnostic workstation for ECG and stress, and HeartCentrix, an EMR-device connectivity solution for Cardiac Science ECG, stress, and Holter products. Practices also may utilize Best Buy's Geek Squad team of trained IT experts to install and support these computer and networking products.
"Cardiac Science customers who want IT sales and service support can now turn to a Best Buy For Business team specifically trained in Cardiac Science products," said Dave Marver, Cardiac Science president and chief executive officer. "Physicians can concentrate on providing the best patient care, knowing they have the best technological and medical device support available to them."
About the Best Buy For Business / Cardiac Science partnership
The Best Buy For Business / Cardiac Science partnership serves the medical field with an offering of medical device and computer technology solutions to facilitate the move to PC-based healthcare information systems.
Cardiac Science will continue to handle medical device sales, installation, in-service training, and medical device technical support. Best Buy For Business will supply IT products and services selected specifically to ensure optimal performance of Cardiac Science devices in the physician office. The products and services to be offered by Best Buy For Business include pre-sales IT consulting, IT hardware and software sales, installation, and post-sales technical support.
About Cardiac Science
Cardiac Science develops, manufactures, and markets a family of advanced diagnostic and therapeutic cardiology devices and systems, including automated external defibrillators (AED), electrocardiograph devices (ECG/EKG), cardiac stress treadmill and systems, diagnostic workstations, Holter monitoring systems, hospital defibrillators, vital signs monitors, cardiac rehabilitation telemetry systems, and cardiology data management systems (informatics) that connect with hospital information (HIS), electronic medical record (EMR), and other information systems. The company sells a variety of related products and consumables and provides a portfolio of training, maintenance, and support services. Cardiac Science, the successor to the cardiac businesses that established the trusted Burdick®, HeartCentrix®, Powerheart®, and Quinton® brands, is headquartered in Bothell, Washington. With customers in more than 100 countries worldwide, the company has operations in North America, Europe, and Asia. For information, call 425.402.2000 or visit http://www.cardiacscience.com.
For updates and information on worldwide defibrillation and cardiac monitoring, find us on the Cardiac Science blog at http://www.cardiacscience.com/blog, Twitter at http://twitter.com/cardiacscience, Facebook at http://budurl.com/CSonFB, and YouTube at http://budurl.com/CSonYT.
This press release contains forward-looking statements. The word "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. Forward looking statements in this press release include, but are not limited to, those that refer to synergies brought about by the partnership with Best Buy for Business; the relative importance of one or more particular products to Cardiac Science's business or any portion of its business; and the anticipated future introduction of new technologies and products. These are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Actual results and performance may vary significantly from those expressed or implied in such statements. Factors that could cause or contribute to such varying results and other risks include those more fully described in the Annual Report on Form 10-K filed by Cardiac Science Corporation for the year ended December 31, 2009, as updated by subsequent quarterly reports on Form 10-Q. Cardiac Science Corporation undertakes no duty or obligation to update the information provided herein.
For more information, --------------------- Company Contact: Investor Contact: Media Contact: ---------------- ----------------- -------------- Mike Matysik Matt Clawson Christopher Gale Cardiac Science Corporation Allen & Caron EVC Group, Inc. Sr. Vice President and CFO 949.474.4300 646.201.5431 425.402.2009 firstname.lastname@example.org 203.570.4681 email@example.com
SOURCE Cardiac Science Corporation