MALVERN, Pa., Nov. 19, 2014 (GLOBE NEWSWIRE) -- BioTelemetry, Inc. (Nasdaq:BEAT), the leading wireless medical technology company focused on the delivery of health information to improve quality of life and reduce cost of care, announced today that after 13 years of distinguished service, Eric Prystowsky M.D., will transition from his position as a Director and enter into a multi-year agreement to serve as a Medical Advisor for the Company.
Dr. Prystowsky received an undergraduate degree from the Pennsylvania State University and an M.D. from the Mount Sinai School of Medicine. Since 1988, Dr. Prystowsky has served as the Director, Clinical Electrophysiology Laboratory at St. Vincent Hospital, Indianapolis, Indiana. Since 1988, Dr. Prystowsky has served as Consulting Professor of Medicine at Duke University. From 2004 to 2013, he served as the associate editor of Hurst Textbook of Cardiology, and since January 2004, he has served as Editor-in-Chief of the Journal of Cardiovascular Electrophysiology.
Dr. Prystowsky's knowledge of and experience with cardiac medicine is vast and includes leadership positions within the American Heart Association as well as the Heart Rhythm Society. From 1992 to 1994, he served as the Chairman of the American Heart Association's Committee on Electrocardiography and Electrophysiology and from May 2001 to May 2002, as President of the Heart Rhythm Society. Dr. Prystowsky also served as the Chairman of the ABIM test writing committee for the Electrophysiology Boards until July 2008.
Joseph Capper, President and Chief Executive Officer of BioTelemetry, Inc., commented, "We are tremendously grateful for the countless contributions Dr. Prystowsky has made as a member of our Board of Directors. His counsel and wisdom during some of the Company's more challenging times were instrumental in our success. We have benefited immensely from his unique perspective as a clinician and inventor and from his love of medicine. We are also thankful that Dr. Prystowsky has agreed to continue as an advisor for the Company, as he balances the many demands on his time. Our multi-year agreement ensures that the Company will continue to benefit from Dr. Prystowsky's invaluable perspective into the world of wireless medicine. We remain forever indebted for his profound, and ongoing, contributions to our Company."
About BioTelemetry, Inc.
BioTelemetry, Inc., formerly known as CardioNet, Inc., is the leading wireless medical technology company focused on the delivery of health information to improve quality of life and reduce cost of care. The Company currently provides cardiac monitoring services, original equipment manufacturing with a primary focus on cardiac monitoring devices and centralized cardiac core laboratory services. More information can be found at www.biotelinc.com.
BioTelemetry's Cautionary Statement Regarding Forward-Looking Statements
This document includes certain forward-looking statements within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as "expect," "anticipate," "estimate," "intend," "plan," "believe," "promises" 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 these expectations, and could cause actual outcomes and results to differ materially from current expectations. These factors include, among other things, our ability to successfully integrate the Mednet, Biomedical Systems and Radcore businesses into our business and the effect such acquisitions will have on our results of operation, our ability to successfully finalize a settlement of the Department of Justice investigation, effectiveness of our cost savings initiatives, relationships with our government and commercial payors, changes to insurance coverage and reimbursement levels for our products, the success of our sales and marketing initiatives, our ability to attract and retain talented executive management and sales personnel, our ability to identify acquisition candidates, acquire them on attractive terms and integrate their operations into our business, the commercialization of new products, market factors, internal research and development initiatives, partnered research and development initiatives, competitive product development, changes in governmental regulations and legislation, the continued consolidation of payors, acceptance of our new products and services, patent protection, adverse regulatory action, and litigation success. For further details and a discussion of these and other risks and uncertainties, please see our public filings with the Securities and Exchange Commission, including our latest periodic reports on Form 10-K and 10-Q. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.
CONTACT: BioTelemetry, Inc. Heather C. Getz Investor Relations 800-908-7103 [email protected]