Pyng Medical Corp

Saving lives by saving time through innovation in resuscitation™

Pyng Medical Reports Record $1.3 Million in Quarterly Revenue

July 05th, 2007

Vancouver, BC - Pyng Medical Corp. recorded quarterly revenue of over $1.3 million for the period April 1, 2007 to June 30, 2007; a 36% increase in product shipped over the same period in 2006. Pyng Medical also marked the milestone of shipping it’s 100,000th unit this quarter.

“We have always had confidence that the FAST1™ Intraosseous Infusion System would become the preferred instrument in intraosseous infusion as the fastest way to deliver medicated fluids to the heart,” said David Christie, President and Chief Executive Officer. “With demand at unprecendented levels, we are confident that care-givers realize firsthand the value our product provides in saving lives.”

Pyng will release its full financial report for the quarter on July 30, 2007. An investor conference call is scheduled for July 31 at 10 am PDT.

About Pyng Medical Corp.

Pyng Medical Corp. is a world-leader in intraosseous infusion with its proprietary award-winning FAST1™FAST1™ Intraosseous Infusion System. The is used extensively by the U.S. Department of Defense and by Emergency Medical Services around the globe.

For More Information

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

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