CareView Communications, Inc. Announces Execution of Agreement with National Securities

PLANO, Texas-(Business Wire)-September 17, 2009 - CareView Communications, Inc. (Pink Sheets:CRVW), an information technology provider to the healthcare industry, today announced the execution of an agreement with National Securities Corporation (“National”), a subsidiary of National Holdings Corporation (OTCBB: NHLD.OB), a full service investment banking company. Under the agreement, CareView engaged National to advise it on financial matters including the possible raising of capital.

CareView provides the CareView System^TM to hospitals and other healthcare facilities in patient rooms as well as additional areas throughout the facility. The CareView System^TM is a suite of products that brings the information technology of the 21st century directly to patients, families and healthcare providers by connecting them through one easy-to-install and simple-to-use system. This collaboration will allow the hospitals and other healthcare facilities to provide:

The ability to implement audit tools to insure that quality standards are being adhered to, safety measures are being complied with, as both can be used to further educate caregivers to continually enhance quality and safety for their patients.
Doctors, nurses and other healthcare providers with the ability to more efficiently and cost-effectively monitor, treat and visit their patients.
Family members and friends with the ability to use the Internet to monitor, visit, and correspond with their loved ones who are patients.
Patients and their visitors with direct access to on-demand high-speed Internet and first run movies in their rooms.

“We are delighted to have National Securities assist CareView as our financial advisor. Their expertise in assisting rapid-growth companies to finance their expansion makes National Securities the perfect partner for CareView,” stated Samuel A. Greco, CareView’s Chief Executive Officer.

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 (RCP) 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 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 currently located at 5000 Legacy Drive, Suite 470, Plano, TX 75024. Questions may be directed to John R. Bailey, Chief Financial Officer at (972) 943-6044. More information about the Company is available on the Company’s website at www.care-view.com.

About National Holdings Corporation

National Holdings Corporation is a holding company for National Securities Corporation, vFinance Investments, Inc., EquityStation, Inc., National Asset Management, Inc., and National Insurance Corporation. National Securities, vFinance and EquityStation are broker-dealers registered with the SEC, and members of FINRA and SIPC. vFinance is also a member of the NFA. The three principal lines of business of the broker-dealers are offering full service retail brokerage; providing investment banking, merger, acquisition and advisory services to micro, small and mid-cap high growth companies; and trading securities, including making markets in over 4,000 micro and small-cap stock, distributing direct market access platforms, and providing liquidity in the United States Treasury marketplace. National Asset Management is a federally-registered investment advisor. National Insurance provides a full array of fixed insurance products to its clients. For more information, please visit our websites at www.nationalsecurities.com and www.vfinance.com.

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.

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