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Biotel, Inc. Announces Definitive Merger Agreement With CardioNet, Inc.
Date:11/8/2010

h as arrhythmia.  Biotel also offers Holter recorders, and provides electrocardiogram data and management services used to evaluate cardiac conditions in conjunction with clinical trials on new medical devices and pharmaceuticals. Biotel is based in Eagan, Minnesota. More information can be found at http://www.biotelinc.com.

Biotel's Forward-Looking Statements

This press release includes certain forward-looking statements regarding Biotel within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995 regarding, among other things, the completion of the acquisition of Biotel by CardioNet. These statements may be identified by words such as "expect," "anticipate," "estimate," "intend," "plan," "believe," and other words and terms of similar meaning. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including important factors that could delay, divert, or change any of them, and could cause actual outcomes and results to differ materially from current expectations. These factors include, among other things, the ability of CardioNet to complete the acquisition of Biotel. For further details and a discussion of these and other risks and uncertainties, please see Biotel's public filings with the Securities and Exchange Commission, including Biotel's latest periodic report on Form 10-K or 10-Q. Biotel undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

Biotel, Inc. intends to file with the Securities and Exchange commission a proxy statement and other relevant materials in connection with the merger. The proxy statement will be mailed to the shareholders of Biotel, Inc. Investors and security holders of Biotel, Inc. are urged to read the proxy statement and other relevant materials when they become availab
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SOURCE Biotel, Inc.
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