Pyng Medical Corp

Saving lives by saving time through innovation in resuscitation™

Pyng Medical Names David Christie as New CEO to Implement Plan to Increase and Diversify Revenues

November 20th, 2006

Pyng Medical Corp. is pleased to announce the appointment of Mr. David Christie to the position of CEO effective immediately. Mr. Christie will also be appointed to Pyng Medical’s Board of Directors at the next board meeting.

Mr. Christie has most recently been CEO of a western Canada medical device company, Innervision Medical Technologies Inc, where he helped raise over $2 million in new equity, recruited the necessary professionals and developed all the necessary plans and materials to effectively commercialize their proprietary Flash Ultrasound™ technology.

David previously held several senior roles at VSM MedTech, including Chief Operating Officer, Executive Vice President/General Manager, and Vice-President Sales and Marketing. At VSM MedTech he launched and extended their successful line of blood pressure monitors (BpTRU™) and successfully integrated the acquisition of CTF (a magnetoencephalography manufacturer) into VSM MedTech’s operations.

Previous to that David held progressively senior and successful sales and management roles in several companies, many of them North American household names. These included Regional Vice President at Clearnet, Vice President at Medigas, General Manager at Laidlaw and Area Sales Manager at Baxter Corp.

David has a B.Sc. (Biology) and MBA, and resides in Vancouver.

Current interim-CEO Mr. Kevin O’Neill was quoted “We are delighted to have David as our CEO and look forward to the success of employing his impressive array of skills and experience to implement Pyng Medical Corp’s strategic plan. This will include growing the sales of our successful product the F.A.S.T.1™ and derivates in new markets. Also of great importance will be drawing on David’s previous successes in developing new profitable products for Pyng Medical, including potential acquisitions of other medical device companies as an efficient way to grow and further diversify Pyng’s revenues.”

For More Information

David Christie
Pyng Medical Corp.
(604) 303-7964
www.pyng.com

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