Cardiac Science Files 2004 Form 10-K
March 23 2005 - 3:30PM
PR Newswire (US)
Cardiac Science Files 2004 Form 10-K IRVINE, Calif., March 23
/PRNewswire-FirstCall/ -- Cardiac Science, Inc. (NASDAQ:DFIB) today
reported that it filed its Annual Report on Form 10-K with the
Securities and Exchange Commission on Wednesday, March 16, 2005.
Interested parties may access the filing by visiting
http://www.sec.gov/ or by requesting the document from Cardiac
Science directly for free by contacting Investor Relations at (949)
474-4300. As was the case with the Company's prior Annual Reports,
the Form 10-K for the year ended December 31, 2004 contained a
report with a "going-concern" explanatory paragraph from its
independent registered public accounting firm,
PricewaterhouseCoopers, LLP, based on the Company's history of
operating losses. In addition, the independent registered public
accounting firm expressed an opinion that management's assessment
of the Company's internal controls over financial reporting as of
December 31, 2004, was fairly stated, in all material respects,
based on criteria established in Internal Control -- Integrated
Framework issued by the Committee of Sponsoring Organizations of
the Treadway Commission (COSO). Furthermore, in the opinion of the
independent registered public accounting firm, the Company
maintained, in all material respects, effective internal control
over financial reporting as of December 31, 2004, based on criteria
established by COSO. This announcement is in compliance with the
Nasdaq Rule 4350(b) requiring separate disclosure of receipt of an
audit opinion that contains a going- concern explanatory paragraph.
About Cardiac Science Cardiac Science develops, manufactures and
markets a complete line of Powerheart(R) brand, automated public
access defibrillators (AEDs), and offers comprehensive AED/CPR
training and AED program management services that facilitate
successful deployments. The company makes the Powerheart(R) CRM(R),
the only FDA-cleared therapeutic patient monitor that instantly and
automatically treats hospitalized cardiac patients who suffer
life-threatening heart rhythms. Cardiac Science also manufactures
its AED products on a private label basis for other leading medical
companies such as Nihon Kohden (Japan), Quinton Cardiology Systems
and GE Healthcare. For more information please visit
http://www.cardiacscience.com/ or call (949) 797-3800. Contact:
Matt Clawson (Investors), or Roderick de Greef Len Hall (Media)
Chief Financial Officer Allen & Caron Inc Cardiac Science, Inc.
(949) 474-4300 (949) 797-3800 DATASOURCE: Cardiac Science, Inc.
CONTACT: investors, Matt Clawson, , or media, Len Hall, , both of
Allen & Caron Inc, +1-949-474-4300, for Cardiac Science, Inc.;
or Roderick de Greef, Chief Financial Officer of Cardiac Science,
Inc., +1-949-797-3800, Web site: http://www.cardiacscience.com/
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