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3M and Zargis Announce Global Marketing Alliance
Date:10/25/2007

ST. PAUL, Minn. and PRINCETON, N.J., Oct. 25 /PRNewswire/ -- 3M and Zargis Medical Corp., a spin-off from Siemens Corporate Research (NYSE: SI) and a majority-owned subsidiary of Speedus Corp. (Nasdaq: SPDE) today announced an exclusive multi-year marketing agreement involving Zargis' heart sound analysis software and 3M Littmann's next-generation electronic stethoscope.

Under the agreement, Zargis will support 3M in its efforts to develop a next-generation stethoscope that will be compatible with Zargis' heart sound analysis software. The date on which Zargis' software will become available for use with a Littmann stethoscope has not yet been announced.

"This agreement builds on the rich Littmann brand legacy of advancing the art of auscultation," said Chuck Kummeth, Vice President and General Manager, 3M Medical Division. "We are committed to bringing innovative solutions to our customers, and this agreement with Zargis will help us do this well into the future."

"We have been working closely with 3M for nearly two years to further evaluate this market and refine our product strategy," stated Zargis CEO John Kallassy. "We believe that the use of our software could enhance the physician experience during every patient exam where a stethoscope is currently used. This alliance with 3M will allow us to seamlessly integrate our advanced sound analysis technology with 3M's next-generation electronic stethoscopes and turn this vision into a reality on a global level
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SOURCE Zargis Medical Corp.; 3M
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