An automated technique was developed for the detection of ischemic episodes in long duration electrocardiographic (ECG) recordings that employs an artificial neural network. In order to train the network for beat classification, a cardiac beat dataset was constructed based on recordings from the European Society of Cardiology (ESC) ST-T database. The network was trained using a Bayesian regularisation method. The raw ECG signal containing the ST segment and the T wave of each beat were the inputs to the beat classification system and the output was the classification of the beat. The input to the network was produced through a principal component analysis (PCA) to achieve dimensionality reduction. The network performance in beat classification was tested on the cardiac beat database providing 90% sensitivity (Se) and 90% specificity (Sp). The neural beat classifier is integrated in a four-stage procedure for ischemic episode detection. The whole system was evaluated on the ESC ST-T database. When aggregate gross statistics was used the Se was 90% and the positive predictive accuracy (PPA) 89%. When aggregate average statistics was used the Se became 86% and the PPA 87%. These results are better than other reported.