LOS ANGELES and LONDON, July 7 /PRNewswire-FirstCall/ -- Signalife, Inc. (Amex: SGN) and Heart One Global Research, an Irish-based heart information and clinical information management concern -- with technology used across the world through subsidiaries and affiliates in eight different countries -- have announced that they have agreed to merge or consummate a similar business combination making them one company.

Heart One Global Research has a series of assets, including the renowned Health One Global, Ltd., a leading data management and information concern based in London. Since 2003, Health One Global Limited has been the exclusive Special Olympics Healthy Athletes Global Partner for electronic health records, compiling during that time the largest data-base in the world for persons with disabilities. Health One Global's reach has extended to the tracking, recordation and storage of health care information so that it may be communicated or exchanged with other institutions or within large organizations, and which technology is currently implemented in situations such as (a) in and outpatient departments in acute care as well as rehabilitation hospitals, (b) small and large (up to 65 physicians) private practices in family medicine as well as specialized medicine, (c) occupational health, (d) patient-centered multi-disciplinary primary care teams, (e) the internal medical services of a large mining company, (f) an international sports-based organization, as well as such technology being currently in use in the following medical specialties: (a) AIDS clinics, (b) Anesthetics, (c) Cardiology, (d) Dermatology, (e) Emergency care, (f) ENT (Ear, Nose and Throat), (g) General Practice/Family Medicine, (h) General Surgery, (i) Gynecology, (j) Internal Medicine, (k) Neurology, (l) Obstetrics, (m) Occupational health, (n) Orthopedics surgery, (o) Pediatrics, (p) Psychiatry, (q) Rehabilitation, and (r) Sports medicine.

The two companies will be announcing certain distribution and financing transactions in the upcoming couple of days. The transactions are subject to Board approval, and could be subject to shareholder approval if a merger is to be consummated. However, notwithstanding any agreement to the contrary, Heart One Global Research and its affiliates and subsidiaries have agreed to a $10,000,000 break-up fee payable to Signalife, Inc. if the transaction fails to close for any reason other than an act of Signalife.

As Signalife continues to generate data from the usage of its Fidelity 100, the analysis and exchange of this data -- which suggests that screening using the Fidelity 100 yields pathology detection at triple (or more) of the national average rate -- must be properly evaluated, stored and communicated to patient and industry alike.