Cambridge Heart Board of Directors Retains Korn/Ferry International to Identify Independent Candidates to Join Board of Directors.BEDFORD, Mass. -- Cambridge Heart, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CAMH), announced today the Company's Board of Directors has retained Korn/Ferry International (NYSE NYSE See: New York Stock Exchange : KFY), an executive search firm, to identify and solicit qualified candidates to fill two independent positions on the Board. As part of the Nasdaq listing requirements, all companies must be overseen by a Board of Directors composed of an independent majority. To meet this requirement and pursue a Nasdaq listing, Cambridge Heart actively is seeking two candidates with strong industry experience to join its Board. About Cambridge Heart, Inc. Cambridge Heart (www.cambridgeheart.com) is engaged in the development and commercialization of products for the non-invasive diagnosis of cardiac disease, particularly the identification of those at risk of sudden cardiac arrest. The Company's products incorporate its proprietary Microvolt microvolt one-millionth (10-6) of a volt; abbreviated µV. T-Wave Alternans measurement technologies, coupled with its patented Spectral Analytic Method and ultra-sensitive disposable electrode sensors. Only Spectral Analytic Method MTWA tests are reimbursed by Medicare under its National Coverage Policy that covers patients with a wide variety of cardiac symptoms. Other major insurers in the U.S. also have coverage policies for the test. The T-Wave Alternans test is included in the Guideline for Management of Patients with Ventricular Arrhythmias and the Prevention of Sudden Cardiac Death Sudden Cardiac Death Definition Sudden cardiac death (SCD) is an unexpected death due to heart problems, which occurs within one hour from the start of any cardiac-related symptoms. SCD is sometimes called cardiac arrest. jointly developed by the American College of Cardiology The American College of Cardiology (ACC) is a nonprofit medical association established in 1949 to educate, research and influence health care public policy. The president for the 2006–2007 year is Steven E. Nissen. [1] The organization has 39 chapters in the U.S. (ACC See adaptive cruise control. ), The American Heart Association American Heart Association (AHA), n.pr a national voluntary health agency that has the goal of increasing public and medical awareness of cardiovascular diseases and stroke, and thereby reducing the number of associated deaths and disabilities. (AHA), and the European Society of Cardiology The European Society of Cardiology (ESC) represents more than 50,000 cardiology professionals across Europe and the Mediterranean. Its mission is to reduce the impact of cardiovascular disease in Europe. (ESC). The Company, founded in 1990, is based in Bedford, Massachusetts, and is traded on the OTCBB under the symbol CAMH. This press release contains forward-looking statements that involve risks and uncertainties. Any statements made as part of this press release that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, when used in this press release, the words "anticipate", "believe", "estimate", "intend" and "expect", and similar expressions are intended to identify such forward-looking statements. The Company's actual results may differ materially from the results suggested by these statements. Factors that may cause or contribute to such differences include, but are not limited to, those discussed in the Company's Form 10-K filed with the Securities and Exchange Commission. In addition, any forward-looking statements represent our estimates only as of today and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so except as may be legally necessary, even if our estimates should change. |
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