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Clinilabs will Conduct Phase 1 Trial Using QTinno®
Date:11/9/2011

Chief Executive Officer, commented, "NewCardio is excited to support Clinilabs in the integration of QTinno in order to enhance their expertise in assessing drug safety in early phase development. Securing opportunities, such as this study, is proof that our partnership with Clinilabs is delivering value to both organizations and leading the way for best practices in cardiac safety. We look forward to continuing to work together as the industry continues in its adoption of QTinno's superior technology which offers more accurate and precise cardiac safety data in a more timely and cost effective manner."

NewCardio's innovative 3D ECG platform technology dramatically improves the accuracy and significantly increases the diagnostic value of the standard 12-lead ECG. NewCardio's lead product is QTinno, a software suite that provides an automated, comprehensive analysis of QT intervals and other ECG-based cardiac safety markers for the pharmaceutical industry and drug regulators. The Company believes that QTinno, a software-based, analytical technology is the industry's leading solution for the delivering accurate and precise analysis of ECGs in a fully automated process to determine cardiac toxicity during drug development, with the added benefit of significant time and cost efficiencies.

Shareholder Update Conference Call

NewCardio expects to file its form 10-Q for the quarter ended September 30, 2011 on Monday, November 14, 2011. Management has scheduled a conference call for the purpose of updating shareholders and answering questions. The call is scheduled for Tuesday November 15, 2011, at 9 a.m. Eastern Time. To access the call dial 1-877-941-4775, or 1-480-629-9761 for international callers, and reference "NewCardio, Inc. Third Quarter 2011 Financial Results Conference Call." A replay will be available for one week following the call by dialing 1-877-870-5176, or 1-858-384-5517 for international callers; reference pin number 4487430.
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