Pyng Medical Corp

Saving lives by saving time through innovation in resuscitation®

Chief Executive of SFI Financial Group Joins Pyng Medical’s Board of Directors

September 18th, 2008

Vancouver, BC Pyng Medical Corp. (PYT: TSX .V) today announced that Mr. L. J. “Bud” Evans has been appointed to serve on the Company’s Board of Directors.

Mr. Evans is President and Chief Executive Officer of the SFI Financial Group. He is a former Chairman of the White House Cabinet Council Committee on Technology Commercialization, a former Member of the National Research Council Applications Board and a former Director of NASA Commercial Technology. Mr. Evans was also a Senior Executive at the White House, the National Aeronautics and Space Administration, and the Nuclear Regulatory Commission. Mr. Evans holds a B.A. in Economics from Colby College and a J.D. from Cornell University.

“I am pleased to join Pyng Medical at this exciting time in the Company’s development and commercialization,” stated Mr. Evans. “With sustained growth in revenue from sales of the Company’s lead clinical product and the recent acquisition of several additional market-leading products, Pyng is uniquely positioned to significantly grow market share in the trauma and resuscitation space.”

“Bud is a tremendous addition to our Board of Directors with a proven track record of successfully introducing emerging technologies into the international medical and defense markets,” stated David Christie, President and CEO. “His corporate finance expertise combined with extensive experience collaborating with government and the private sector will assist the Company in meeting its ambitious growth-oriented business objectives.”

For More Information

George Dorin
Pyng Medical Corp.
(604) 303-7964
www.pyng.com

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