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PATIENT HOME MONITORING REPORTS THIRD QUARTER 2010 RESULTS

^{Published on 2010-08-30 04:05:20 - Market Wire}
 

 - PHM has been engaged by one of the largest cardiology groups in the U.S., with over 50 cardiologists managing more than 3,500 patients on Coumadin, to offer and service their entire patient base with PHM's Patient Self-Testing (PST) services. - As planned, PHM launched in-home monitoring services with patients from this customer starting in April 2010. - Extrapolating from current enrollment statistics, PHM's business model has yielded 3 times the amount of patient enrollment per clinic than its largest competitor. - The Board successfully recruited Ed Berenblum as Chief Executive Officer. - PHM's competitive advantage resonates strongly with its growing pipeline of interested cardiology groups and Coumadin clinics. - PHM closed equity financing of $4.5 million and listed on the TSX Venture Exchange. - PHM developed and launched a comprehensive patient-friendly web site.