Heart Test Laboratories, Inc. (“HTL”) has successfully raised $12 million by way of a Common Stock private placement offering. The offering was significantly over-subscribed and provides HTL with a strong financial base entering into 2017. The company expects to commence the international launch of its MyoVista product in the first quarter. Prior to this latest funding round, HTL had previously raised over $21 million in funding. The latest round will fund sales launch, operations and further clinical work. HTL is in the process of hiring sales staff as it prepares for the launch of its MyoVista product.

The MyoVista is a technologically advanced medical (electrocardiography) device that uses proprietary technology to assist in the early detection of heart disease. It uses standard 12-lead resting ECG protocols to provide both a traditional ECG incorporating interpretive analysis, as well as further proprietary informatics that facilitate the early identification of ischemic and other myocardial dysfunctions.

About Heart Test Laboratories, Inc. (“HTL”)

HTL develops medical devices using patented proprietary technology that focus on the early detection of heart disease. MyoVista’s innovative technology facilitates the early identification of ischemic and other heart myocardial dysfunctions, which can enable improved screening for coronary arterial disease and other cardiac abnormalities. MyoVista® uses standard 12-lead resting ECG protocols to provide both a traditional ECG incorporating interpretive analysis, as well as further proprietary informatics to assist a physician in identifying the presence of heart disease. MyoVista® is ideally suited for use in both primary care and hospital environments, and has a 15.6-inch high-resolution touchscreen and incorporates many user features and functionality commonly associated with a tablet device, which makes it intuitive and easy to use, thereby reducing training time.

Heart Disease kills 7 million people worldwide each year, more than all cancers combined, and is the largest spend area in healthcare. MyoVista® helps to bridge the “diagnostic gap” in heart disease today, which is the identification of patients prior to an adverse cardiac event, such as a heart attack.

Heart Test Laboratories is a privately held U.S. corporation which to date has been funded by private investors. For more information, visit www.hearttestlabs.com