A greedy pursuit strategy which finds a common basis for approximating a set of similar signals is proposed. The strategy extends the Optimized Orthogonal Matching Pursuit approach to selecting the subspace containing the approximation of all the signals in the set. The method, called Simultaneous Optimized Orthogonal Matching Pursuit, is stepwise optimal in the sense of minimizing at each iteration the mean error norm of the joint approximation. When applied to compression of electrocardiograms, significant gains over other transformation based compression techniques are demonstrated on the MIT-BIH Arrhythmia dataset.