Rein Resigns From CardioNet Board

Aug 11, 2008 (financialwire.net via COMTEX) -- BEAT | Quote | Chart | News | PowerRating -- August 11, 2008 (FinancialWire) Harry Rein has resigned as a director of CardioNet, Inc. (NASDAQ: BEAT | Quote | Chart | News | PowerRating) (Current Market Cap: US$792.98 Mil.), effective August 4. He is a general partner with Foundation Medical Partners L.P., which was an early investor in CardioNet.

Rein served as a director of CardioNet since January 2006. Randy Thurman, the executive chairman of CardioNet, will serve as a member of the firm's audit committee and as a member and as chairman of the compensation, nominating and corporate governance committee, positions formerly held by Rein.

Conshohocken, Pennsylvania-based CardioNet is a provider of ambulatory, continuous, real-time outpatient management solutions for monitoring clinical information regarding an individual's health.

The company's initial efforts are focused on the diagnosis and monitoring of cardiac arrhythmias, or heart rhythm disorders, with a solution that it markets as the CardioNet System.

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