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After announcing last week that it would be implementing its SMART Monitoring-based HeartCheck™ ECG screening solution in select Rexall Pharmacies as part of the Canadian Stroke Prevention Intervention Network's ("C-SPIN") trial for atrial fibrillation screening and stroke prevention, CardioComm Solutions (EKG-TSX.V) today announced that it has become an approved vendor for the sale of HeartCheck™ products and ECG-based software solutions into numerous organizations within the umbrella of the U.S. Federal Government. As an active registrar in the U.S. Federal Government's System for Award Management (SAM), CardioComm Solutions is now eligible for contracts, assistance awards and to do business with the U.S. Federal Government and its agencies globally.
The approval process requires several levels of reviews from organizations such as Dun & Bradstreet, the Department of Defense's Defense Logistics Agency, and the Internal Revenue Service. As a non-U.S. based organization, the company also secured a NATO Commercial & Government Entity Code (NCAGE) which is used extensively in various procurement, codification, and logistics functions throughout the Federal Government as well as by over 20 countries worldwide. One of its primary purposes is to identify potential sources of supply for items being acquired by the military forces of these countries.
The expanded exposure for the sales of CardioComm Solutions' GEMS™ WIN and HeartCheck™ ECG products opens up an important sector within the U.S. market. Following the finalization of CardioComm Solutions' approval, the company confirms the first SAM-based sale of its recently released GEMS™ software into a U.S. Military Medical Centre located in Europe. The current disclosure follows closely a recent press release announcing CardioComm Solutions' listing by the FAA Civil Aerospace Medical Institute as an ECG Cloud Service provider for use by Air Medical Examiners.
CardioComm Solutions' executive management confirms that additional GEMS™ WIN license purchase reviews are underway within U.S. Federal Military bases and medical centers and that they are working with additional departments within the U.S. Military and Veteran Affairs for securing further approvals and preferred vendor status clearances. Further updates will be provided by the company.