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Biotech / Medical : H-QUOTIENT,INC. (HQNT)
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To: im a survivor who wrote (40)6/20/2004 10:49:40 AM
From: im a survivor  Read Replies (1) of 136
 
H-Quotient Plans Expansion
Thursday June 17, 2:14 pm ET
Patent Filed for Software-Controlled Implantable Monitoring Cardiac Device

VIENNA, Va.--(BUSINESS WIRE)--June 17, 2004--H-Quotient, Inc., (OTC Bulletin Board:HQNTE - News), announced that it is in advanced negotiations to expand its medical products division through a stake in a software-controlled implantable monitoring cardiac device designed to enhance pacemakers by helping to prevent sudden cardiac death. The product is designed to detect arrhythmia, a disorder in the heart rate that leads to myocardial infarction (heart attack) that claims 300,000 lives each year. A patent application has been filed by the inventor with the U.S. Patent Office. FDA protocol development is ongoing and is expected to be completed within two months.
This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated. The completion of this transaction is subject to the completion of negotiations and the execution of definitive agreements. There can be no assurance that negotiations will be successfully concluded or that the transaction will be consummated.
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