CareView Communications, Inc.
 
Background:

CareView Communications, Inc. is a healthcare information technology company with a patented patient monitoring and entertainment system. The CareView system creates a high-speed data network throughout a healthcare facility utilizing the existing cable television infrastructure, Cat-5, or fiber and CareView's control server. In addition, CareView's room communication platform provides bedside, point-of-care monitoring, movies and patient education and wireless connectivity to the healthcare facility's IT network, allowing remote monitoring of medical equipment in the patient's room and deployment of other emerging point-of-care technologies, including the company's newest offering, Virtual Bed Rails (patent pending).

Virtual Bed Rails is a fall prediction system that monitors a patient's activity while in bed. If the patient breaches the virtual bed rails, a fall alert is immediately transmitted to the healthcare professional at the nurse's station.

In addition to Virtual Bed Rails, the company offers SecureView, NurseView, PatientView, NetView, PhysicianView, MovieView and EquipmentView.

As of July 30, 2009, the company had four hospitals installed and four other hospitals under contract and awaiting installation.

INCORPORATED: in Nevada Nov. 6, 2007; and on Nov. 9, 2007 succeeded a California corporation of the same name through a conversion of that California corporation to a Nevada corporation. CareView Communications, Inc. (California) was originally incorporated July 8, 1997 as Purpose Inc. and changed its name to Ecogate, Inc. Apr. 30, 1999 and to CareView Communications, Inc. Oct. 30, 2007. September 28, 2007, issued 87,684,930 Common shares to acquire the issued and outstanding shares of CareView Communications, Inc. (a Texas concern incorporated Aug. 21, 2003 as CareView Communications, L.L.C. which changed its name to CareView Communications, Inc. May 4, 2006). Following the completion of the acquisition, the company assumed subordinated convertible notes totaling $1,124,345 in the aggregate, which were then converted into 2,554,789 shares of the company's Common stock. Also in connection with the acquisition, an aggregate of $50,000 in company debt was converted by non-affiliates into 10,000,000 shares of the company's Common stock at a rate of $0.005 per share.

SUBSIDIARIES:

CareView Communications, Inc. (Texas)

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