Raytel Medical Announces Amended Line of Credit.

Business Editors/Medical Writers

SAN MATEO, Calif.--(BUSINESS WIRE)--Jan. 3, 2001

Raytel Medical Corporation (Nasdaq:RTEL) today announced that it has amended its existing line of credit with Fleet National Bank and BNP Paribas. The amended credit line is for $20 million and can be used to finance acquisitions, and for working capital and general corporate purposes. The line of credit has been extended to October 1, 2001, at which time it will be due and payable. Raytel's access to the line of credit is subject to the maintenance of certain financial covenants related to the company's level of indebtedness and cash flow and other non-financial covenants. Also, as part of the amendment, the banks granted the Company a waiver for the event of default existing at June 30, 2000, and September 30, 2000, under the then current line of credit.

About Raytel

Raytel (www.raytel.com), headquartered in San Mateo, Calif., is a leading provider of services and efficient dissemination of technical information to physicians and patients. These services include remote cardiac monitoring and testing services utilizing telephone technology and the delivery of diagnostic information over secure Internet links, as well as ambulatory diagnostic imaging facilities for both general as well as cardiac imaging.

Annually, Raytel provides cardiac testing and pacemaker monitoring services to over 250,000 patients who are referred by approximately 12,000 physicians. Using the Patient Management Database, all of these physicians will have the ability to access their patient test results and also make use of other services being offered at the site. Raytel has a database of more than 500 different pacemaker models, which it relies upon in the preparation of this information. Raytel's imaging operations include MRI, CT and other radiological exams provided in convenient, state-of-the-art facilities. The imaging operations also include a network with over 550 multi-modality diagnostic imaging facilities located throughout the East Coast. The network provides services to over 600,000 beneficiaries participating in occupational injury and management programs and group health plans.

Except for the historical information contained herein, the matters discussed in this news release are forward looking statements that involve risks and uncertainties. Factors which may affect the Company's results are detailed in the Company's SEC reports, including the Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.