CareView Communications, Inc. Awarded GSA Contract to Provide Services to VA and DOD Hospitals

LEWISVILLE, Texas--(BUSINESS WIRE)-- CareView Communications, Inc. ("CareView" or the "Company") (OTCQB: CRVW), an information technology provider to the healthcare industry, announced today that it received approval from the US General Services Administration ("GSA") to be included on its Multiple Award Schedule program through which CareView can provide its products and services to Veteran's Administration ("VA") medical facilities, Department of Defense ("DOD") hospitals and other federal agencies. This approval allows the Company to sell the CareView System™ at a negotiated rate to the approximate 169 VA facilities with over 39,000 licensed beds and the approximate 42 DOD hospitals with over 2,600 licensed beds.

The GSA's Multiple Award Schedule is one of the most widely accepted government contract vehicles available to agency procurement officers. GSA's application process requires potential vendors to be recognized as highly credible and well established. As a GSA contract holder, CareView's products and services are now listed and available on the GSA Schedule Contract #GS-07F-020AA.

Samuel Greco, the Company's Chief Executive Officer, stated, "The GSA award is an important component to CareView’s overall sales strategy. We are extremely pleased with the outcome of negotiations with the GSA and can now work to fulfill requests to provide services to military hospitals. The current interest from private hospitals coupled with the new interest from VA and DOD hospitals positions CareView as the standard of care in both sectors."

Heartland Energy Partners, LLC ("Heartland"), designated as a Veteran Owned Small Business by the Department of Veterans Affairs, entered into a contract with CareView that became effective upon the granting of the GSA award. Gordon H. Mansfield, the Former Deputy Secretary of Veteran Affairs and decorated war veteran, serves on the Advisory Board for Heartland. With this GSA award, Mr. Mansfield and his group will work with CareView to implement the CareView System in the VA and DOD hospitals. CareView has also contracted with two experienced VA sales people to provide support to Mr. Mansfield’s group regarding the sales and deployment to the VA and DOD.

The two modules approved by the GSA include the Primary Care package and the patient/room management application. The Primary Care package includes Virtual Bed Rails™, NurseView^® and PatientView^® to allow hospital personnel to keep our soldiers safe and permit loved ones to visit them via video from anywhere in the world. The patient/room management application is used by housekeeping and nursing to allow for the scheduling and management of time critical events such as wound dressing, patient room rounding, catheter changes and room assignment. By utilizing mobile communication devices, the nursing staff not only has a constant reminder of tasks that need to be performed, but they can also remotely view their patients who need extra supervision from anywhere in the hospital.

About CareView Communications, Inc.

CareView has created a proprietary high-speed data network system that can be deployed throughout a healthcare facility using the existing cable television infrastructure. This network supports CareView’s Room Control Platform and complementary suite of software applications designed to streamline workflow and improve value-added services offered to customers. Real-time bedside monitoring and point-of-care video monitoring and recording improve patient safety, efficiency while limiting liability, and entertainment packages and education enhance quality of stay. This technology may also act as an interface gateway for other software systems and medical devices moving forward. CareView is dedicated to working with all types of hospitals, nursing homes, adult living centers and selected outpatient care facilities domestically and internationally. Corporate offices are located at 405 State Highway 121 Bypass, Suite B-240, Lewisville, TX 75067. More information about the Company is available on the Company’s website at www.care-view.com.

Questions about this release may be directed to Steven Johnson, President and Chief Operating Officer at (972) 943-6050.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy securities of CareView Communications, Inc. Certain statements in this release and other written or oral statements made by or on behalf of the Company are “forward-looking statements” within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management’s expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward-looking statements are subject to a number of risks and uncertainties including market acceptance of the Company’s services and projects and the Company’s continued access to capital and other risks and uncertainties. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.