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Biotech / Medical : Cardiac Science Inc. DFIB (NASDAQ)

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To: privatier who started this subject12/4/2003 8:46:26 AM
From: Fuzzy  Read Replies (4) of 174
 
Cardiac Science Announces $550,000 in Sales for AED Product, Training And Program Management Services
Thursday December 4, 1:30 am ET
Combining AEDs With Comprehensive AED Program Services Drives Corporate, Government Deployments

IRVINE, Calif., Dec. 4 /PRNewswire-FirstCall/ -- Cardiac Science, Inc. (Nasdaq: DFIB - News), a leading manufacturer of life-saving automated public access defibrillators (AEDs), today announced that it has closed a number of transactions with leading corporate and government customers that include the purchase of Powerheart G3 AEDs, training and program management services. In aggregate, the sales totaled more than $550,000. Included are orders from Weyerhaeuser Company, ALCOA, Inc., Harrah's Entertainment, Inc., The U.S. Postal Service and the U.S. Equal Employment Opportunity Commission (EEOC). These sales have been driven by Cardiac Science's decision to provide AED and CPR training and program management services through its acquisition of Complient Corporation.






"We believe these new orders from leading U.S. corporations and government agencies are indicative of their recognition of the value of a one-stop-shop approach to AED procurement and deployment," said Raymond W. Cohen, Chairman and CEO of Cardiac Science.

"The acquisition of Complient Corporation in October is beginning to yield immediate and tangible results. Our ability to offer a comprehensive package of AED equipment and provide high-quality training for hundreds of employees along with program management services for multiple facilities in numerous cities saves our customers from numerous logistical headaches. We believe our new and expanded offering will help us secure many additional customers in the majority of the markets we serve."

Harrah's Entertainment purchased a total of 100 AEDs and 20 program management suites for deployment and training for its Casino properties across the USA. The U.S. Postal Service bought 80 AEDs along with 37 program management suites for geographically diverse locations. Weyerhaeuser purchased 35 AEDs plus supporting management and training services for 15 U.S. facilities and ALCOA is outfitting 18 of their domestic facilities with AEDs and training. Cardiac Science won a contract with EEOC to manage its AED program, supply AEDs and train EEOC employees in 24 of its largest district offices. EEOC has now deployed AEDs in approximately half of their total number of facilities and intends to implement AED programs in its remaining facilities nationwide.
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