Zargis Cleared as Apple iPhone Developer; Medical Applications for Smartphones Planned

Zargis Cleared as Apple iPhone Developer; Medical Applications for Smartphones
Planned

STAMFORD, Conn., Oct. 21 /PRNewswire/ -- Zargis Medical Corp., a subsidiary of
Speedus Corp. (Nasdaq: SPDE) and a spin-off from Siemens Corporate Research
(NYSE: SI), today announced that is has been cleared as an Apple(®) iPhone(®)
developer and has begun development of medical diagnostic support software and
related peripherals for the iPhone and other leading smartphones.

Zargis has identified the handheld environment as a logical delivery platform
for its telemedicine and diagnostic software initiatives, and with its team of
experienced developer's plans to leverage the smartphone platform as a mobile
hub between medical device peripherals and computer-aided diagnostic support
located either locally or remotely.

A recent report released by Manhattan Research stated that 64% of doctors,
more than double the number eight years ago, own smartphones, and that this
figure will increase to 81% penetration in 2012. However, despite the rapid
adoption of the iPhone and other smartphones by physicians, currently
available healthcare applications for these devices are generally limited to
medical reference libraries, educational tools and applications designed to
manage patient medical records.

"The future of healthcare delivery is about connectivity and mobility.
Zargis' expertise in computer-aided auscultation and our advanced medical
software platform positions us perfectly to create diagnostic software and
peripherals that are a natural fit for smartphones. We intend to improve
healthcare efficiency by helping clinicians bring medical technology to the
patient, rather than the other way around," stated Zargis CEO John Kallassy.

About Zargis Medical Corp.
Zargis Medical Corp. develops advanced diagnostic decision support products
and services for primary care physicians, pediatricians, cardiologists and
other healthcare professionals. Zargis was formed in 2001 when Siemens
Corporate Research, a division of Siemens AG (NYSE: SI), and Speedus Corp.
co-invested to develop and market an advanced acoustic technology designed to
detect heart abnormalities identified through analysis of heart sounds.

For additional information about Zargis or Speedus Corp., contact Peter Hodge
at 888.773.3669 (ext. 23) or phodge@zargis.com or visit the following Web
sites: www.zargis.com and www.speedus.com.

Statements contained herein that are not historical facts, including but not
limited to statements about the Company's product, corporate identity and
focus, may be forward-looking statements that are subject to a variety of
risks and uncertainties. There are a number of important factors that could
cause actual results to differ materially from those expressed in any
forward-looking statements made by the Company, including, but not limited to,
the continuing development of the Company's sales, marketing and support
efforts.

iPhone and Apple are registered trademarks of Apple Inc.

SOURCE Zargis Medical Corp.

Peter Hodge, +1-888-773-3669 (ext. 23), phodge@zargis.com