The Association of Telecom Professionals Selects Dr. Jay Yadav, CardioMEMS Founder & CEO, as an Atlanta Telecom Professional of the Year in the Industry Innovation Category

ATLANTA, Nov. 9, 2011 /PRNewswire/ -- Jay Yadav, M.D., has been presented with a 2011 Atlanta Telecom Professional of the Year Award by the Association of Telecom Professionals, according to CardioMEMS, Inc., an Atlanta-based medical device company that has developed and is commercializing a proprietary wireless sensing and communication technology for the human body. Dr. Yadav won the award in the "Industry Innovation" category, which recognizes an executive who advances the Atlanta telecommunications and business community through innovation, leadership, and entrepreneurial spirit. The award ceremony was held on November 8, 2011 at the Cobb Galleria in Atlanta, where more than 500 telecom, technology, economic, and community leaders were in attendance.  

"I am honored to receive this award and to share this honor with the dedicated team at CardioMEMS," said Dr. Yadav, founder and CEO of CardioMEMS. "At CardioMEMS we have created a proactive approach to healthcare by combining the latest advances in microelectronics, information technology, and wireless communications. It is the goal of CardioMEMS to continuously innovate to improve the quality of life for patients and to deliver more efficient and cost effective health care."  

Dr. Yadav, an interventional cardiologist, founded CardioMEMS in 2000 to develop new devices for the treatment of chronic diseases, such as heart failure, using minimally invasive techniques. Dr. Yadav's most recent success is development of the Champion® Heart Failure Monitoring System, the first, wireless, permanently implantable device that allows cardiologists to monitor heart failure patients from their homes.

The 2011 Atlanta Telecom Professional of the Year Award is hosted by the Association of Telecom Professionals, a non-profit industry association created for the purpose of providing an environment for networking, the exchange of important industry information, and the recognition of excellence within the telecom community.  The annual Atlanta Telecom Professional of the Year Award event is to promote, celebrate and honor Georgia leaders for outstanding achievements in the development and deployment of telecommunications technology and services to further enhance and drive the connected world.

About CardioMEMS, Inc.

CardioMEMS is a medical device company that has developed and is commercializing proprietary wireless sensing and communication technology for the human body. The company's technology platform is designed to improve the management of severe chronic cardiovascular diseases such as aneurysms, heart failure, and hypertension. CardioMEMS miniature wireless sensors can be implanted using minimally invasive techniques and transmit cardiac output, blood pressure and heart rate data, which are critical to the management of patients. The sensors are designed to be permanently implanted into the heart and blood vessels due to their small size, durability and lack of wires and batteries. Using radiofrequency energy, the sensors transmit real-time data to external electronic readers, which then communicate this information to the patient's physician. CardioMEMS developed this technology based on the belief that frequent, on-demand, real-time monitoring of vital information enables proactive patient management, which holds the promise of reducing hospitalizations, improving a patient's quality of life and delivering more efficient and cost effective health care.  More information about CardioMEMS is located at www.cardiomems.com.

Statements made in this press release that look forward in time or that express beliefs, expectations or hopes regarding future occurrences or anticipated outcomes are forward-looking statements. A number of risks and uncertainties such as risks associated with product development and commercialization efforts, expected timing or results of any clinical trials, ultimate clinical outcome and perceived or actual advantages of the Company's products, market and physician acceptance of the products, intellectual property protection, and competitive offerings could cause actual events to adversely differ from the expectations indicated in these forward looking statements.

CardioMEMS, Champion and the CardioMEMS logo are registered trademarks of CardioMEMS, Inc.

Caution: The Champion Heart Failure Monitoring System is an investigational device limited by federal law to investigational use.

SOURCE CardioMEMS, Inc.

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