CareView Communications, Inc.

Annual Report:

Income Statement: As of Dec. 31 Thou. US Dollar	2008	2007
Revenues	42	44
Operating exps.	1,908	1,523
Interest income	3	1
Loss on disposal of assets	12
Depr. & amort.	1,102	131
Interest exp.	196	272
Net income	(3,174)	(1,829)
Share earns. basic	(0.03)	($0.07)
Share earns. diluted	(0.03)	($0.07)

Balance Sheet: As of Dec. 31 Thou. US Dollar	2008	2007
Assets:
Cash & equiv.	898	315
Accts. rec., net		2
Other curr. assets	224	174
Tot. curr assets	1,122	491
Net property	247	184
Intellectual property	2,228	2,753
Total assets	3,597	3,428
Liabilities:
Accts. pay.	18	297
Note pay.	1,166
Other curr. liabs.	276	31
Tot. curr. liabs.	1,460	328
Long-term debt	432	1,300
Other liabs.	121	464
Com. stk. p.$0.001	107	100
Paid-in cap.	6,958	3,542
Retained earns.	(5,480)	(2,307)
Total liabilities and shareholders equity	3,597	3,428

NOTE: Effective Sept. 28 '07, Ecogate Inc. (the Company) issued 87,684,930 com. shs. for all of the outstanding shs. of CareView Communications Inc, a Texas corporation (CareView TX). Transaction was acctd. for as a reverse acquis., with CareView TX being deemed the acquiring company. Results reflect the opers. of CareView TX for all periods and incl. opers. of the Company from Sept. 28 '07 to Dec. 31 '07 only. In Oct. '07, the Comapny changed its name to CareView Communications Inc and in Nov. '07, the Company changed its state of incorporation to Nevada.