A Diagnostics & Imaging Week

CardioNet (Conshohocken, Pennsylvania) reported that it and LifeWatch (Buffalo Grove, Illinois) have entered into a settlement agreement pursuant to which the parties have amicably agreed to resolve the lawsuit between them, with dismissal by both sides of all claims pending in the lawsuit. Terms of the agreement are confidential.

Arie Cohen, president/CEO, commented: "We are pleased to have this behind us, and we look forward to continuing the strong momentum we have achieved in recent quarters."

CardioNet, is a provider of ambulatory, continuous, real-time outpatient management solutions for monitoring clinical information regarding.

LifeWatch is an independent provider of remote cardiac arrhythmia monitoring devices and services in the U.S., which assist physicians and patients in the early detection and treatment of arrhythmia.