Masimo Corporation and Metasensors Inc have formed a license and development agreement to incorporate the Masimo Signal Extraction Technology (Masimo SET) with Metasensors' microfluidic technology based products. The combined OEM products will subsequently be licensed by Metasensors and Masimo to leading companies around the world.

Metasensors' cardiac output monitor, the metaCOM, will be the first product to feature both Metasensors' proprietary microfludic technology and Masimo SET pulse oximetry in one unit. One international medical technology company has already licensed the combined offering. "The metaCOM technology measures cardiac output noninvasively using a unique analytical algorithm," stated Will Moore, Chief Executive Officer of Metasensors. "Our noninvasive cardiac output algorithm requires accurate arterial oxygen saturation measurements. We chose Masimo's SET pulse oximetry platform because of its unprecedented fidelity during all conditions, even under motion and low perfusion. The combination of these two premier technologies in one completely non-invasive module represents a major breakthrough for healthcare providers seeking reliable, economical solutions for patient monitoring."

Metasensors designs and develops data analysis OEM modules for patient-monitoring products to be used in critical healthcare applications based on its proprietary microfluidic technology. Metasensors' technology enables real-time, continuous measurement of gas physical properties on a common, application-independent, electronic platform using a single sensor. Metasensors initial products will target markets for noninvasive breath-by-breath monitoring of cardiac output, cardio-pulmonary function, metabolic rate, pulmonary function, anesthesia gas, and respiratory gas, and property compensated flow meters.