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Cardiac Network Announces Reverse Stock Split
Date:5/5/2011

SAN FRANCISCO, May 5, 2011 /PRNewswire/ -- Cardiac Network, Inc. (Other OTC: CNWI.PK) (the "Company") today announced that the Company will effect a 1-for-750 reverse stock split (the "Reverse Stock Split"). The Reverse Stock Split will take effect on the opening of business and trading on May 6, 2011 (the "Effective Date"). On the Effective Date, the Company's trading symbol will be changed from "CNWI" to "CNWID" for approximately 20 business days, after which it will revert to CNWI. Upon the effectiveness of the Reverse Stock Split and as of the Effective Date, there will be approximately 109,345 shares of our common stock issued and outstanding.

About Cardiac Network:

Cardiac Network, Inc. is a medical technology company that has participated in cardiac monitoring research projects with hospitals and has provided cardiac monitoring and diagnostic services to general practitioners and specialist physicians, for the investigation of patients with abnormal cardiac rhythm and function. Past services provided by the company have utilized unique transtelephonic (by telephone) cardiac recorders that monitor and provide diagnostic information to physicians and their patients. Cardiac Network has spent significant funds in an effort to develop new technologies that could be used easily by individuals outside of their physician's office to help them quickly determine if they are having potential cardiac problems and so that they can obtain needed medical treatment. Learn more about Cardiac Network, Inc. by visiting http://www.cardiacnetwork.net.

Forward-looking statements

This press release contains "forward-looking statements." Forward-looking statements are statements concerning plans, objectives, goals, strategies, expectations, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical f
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SOURCE Cardiac Network, Inc.
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