Pyng Medical Corp

Saving lives by saving time through innovation in resuscitation™

Pyng Medical Q3 Sales Enhanced with Orders from New Distributors Resulting from ILCOR Guideline Changes

July 10th, 2006

Pyng Medical Corp. (TSX VENTURE: PYT) is pleased to announce Fiscal 2006 Q3 and YTD sales results (FY 2005 applicable period results in parenthesis, all sales CDN $).

Total sales for Q3 2006 were $987,761 ($942,782), a 4.8% increase over Q3 2005. FY 2006 YTD sales were $2,107,288 ($1,957,416), a 7.7% increase over the equivalent FY 2005 period. Full third quarter financial results will be available on SEDAR in early August 2006.

Increased sales were reported in all sectors and in particular from distributors who were recently appointed to address opportunities created by the ILCOR guideline changes. Pyng recently increased its North American distribution channels from three distributors to now 10. Internationally, increased activity has resulted with sales in the UK and Germany.

Dr. Richard Clinchy, Pyng’s Director of Business Development, noted, “Our diversification strategy in response to the ILCOR changes is showing results. We are experiencing sales from our new distributors and increased inquiries due to the heightened market interest in IO and our concerted marketing activities.”

For More Information

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

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