EXHIBIT 99.1 LETTER AGREEMENT WITH FIM FORTE FUND DATED JUNE 17, 1999 CardioDynamics International Corporation June 17, 1999 FACSIMILE 011 44 171 932 0100 Mr. Markku Kaloniemi FIM Forte Fund Dear Mr. Kaloniemi: This letter confirms that in consideration of your purchase of 287,356 shares of CardioDynamics International Corporation ("CardioDynamics") Common Stock at $1.74 per share from the AGR Halifax Fund, Ltd. in a private transaction to be completed no later than June 25, 1999, CardioDynamics will issue to FIM Forte Fund, 20,336 common stock warrants priced at $1.625. The warrants will have a three-year term and CardioDynamics will endeavor to register the shares within six months of the close of this transaction. Very truly yours, CARDIODYNAMICS INTERNATIONAL CORPORATION, /s/ Michael K. Perry Michael K. Perry Chief Executive Officer