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RAYTEL MEDICAL CORPORATION ACQUIRES

 MINNEAPOLIS, March 1 /PRNewswire/ -- Raytel Medical Corporation and Medtronic, Inc. (NYSE: MDT), announced today that Raytel had acquired Medtronic's CardioCare division of Forest Hills, N.Y. Financial terms were not disclosed.
 The parties intend that the business of telephonic pacemaker monitoring will continue without service disruptions. No immediate workforce reductions or relocations are expected.
 Raytel Medical Corporation, of San Mateo, Calif., is a diversified medical services company offering cardiac monitoring services through Cardiac Datacorp, Inc.
 Medtronic, Inc., headquartered in Minneapolis, is the world's leading therapeutic medical device company. It acquired CardioCare in 1978.
 -0- 3/1/93
 /CONTACT: Richard Bader, Chairman, CEO of Raytel Medical Corp., 415-349-0800; Dale Beumer, investor relations, 612-574-3038, or Dick Reid, public relations, 612-574-3052, both of Medtronic, Inc.; or Allan Zinberg, President, COO of Cardiac Datacorp, Inc., 203-286-8664/
 (MDT)


CO: Medtronic, Inc.; Raytel Medical Corp.; Cardiac Datacorp., Inc. ST: Minnesota, California IN: MTC SU: TNM

DS -- MN009 -- 1408 03/01/93 12:21 EST
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Publication:PR Newswire
Date:Mar 1, 1993
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