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O.C. BUSINESS PLUS | ORANGE COUNTY BRIEFLY

Cardiac Sciences Retains Investment Advisors

April 04, 2001

Cardiac Science Inc. an Irvine maker of cardiac defibrillator devices and monitoring software, said Tuesday that it hired two investment banks to help the company with its strategic initiatives.

The company said in a news release that it has retained CIBC World Markets Corp. and Adams, Harkness & Hill Inc.

Cardiac Science, which began marketing its first commercial product early last year, has deals pending to acquire two companies. It has offered to swap 3.3 million to 4.4 million shares for Artema Medical AB, a Scandinavian defibrillator and monitor maker. And it has agreed to acquire Survivalink Corp., a private Minneapolis defibrillator provider, for an unspecified amount.

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