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2007
June
VA San Antonio Becomes The Second VA Nationally To Adopt The Safety-Sponge™ System
June 29, 2007
SurgiCount Medical, Inc., a Wholly-Owned Subsidiary of Patient Safety Technologies, Inc. (OTC: PSTX.OB), and the VA San Antonio Agree to Terms of a Three Year Contract to Implement SurgiCount Medicals’ Computer Assisted Counting Technology June 29, 2007 TEMECULA, Calif., June 29, 2007 -- Patient Safety Technologies, Inc. (OTC:PSTX.OB) announced today that the VA San Antonio will begin utilizing the Safety-Sponge™ System in all 10 of its operating rooms. The adoption of the Safety-Sponge System is consistent with the Veterans Health Administration (VHA) Directive, which tasks the VA hospitals with establishing procedures to ensure that surgical items are not retained in a patient following surgery. The estimates of retained surgical items, for all surgical procedures performed in the United States of America, have ranged from 1 in 19,000 to 1 in 1,500 operations. The purpose of the VHA Directive is to eliminate or significantly reduce the number of retained surgical items in VA hospitals. SurgiCount’s Safety-Sponge System has been effectively used in over 15,000 operations. “Our second government contract validates our sponge counting technology as a cost effective solution to retained sponges in the operating room. The VA healthcare system, which has 154 hospitals, represents a significant market for our Safety-Sponge System. It is our goal to provide every VA hospital with our patented system. We congratulate the VA San Antonio for having the foresight to be the first government institution in Texas to utilize this program,” said Rick Bertran, President of SurgiCount Medical. About the Veterans Health AdministrationThe VHA is the nation’s largest integrated health care system which serves the needs of America's veterans by providing primary care, specialized care, and related medical and social support services. There are 25 million veterans currently alive. Thus, about a quarter of the nation’s population, approximately 70 million people, are potentially eligible for VA benefits and services because they are veterans, family members or survivors of veterans. About SurgiCount Medical, Inc. SurgiCount Medical, Inc. is a developer and manufacturer of patient safety products and services. The SurgiCount Safety-Sponge™ System is a patented turn-key array of modified surgical sponges, line-of-sight scanning SurgiCounters, and PrintPAD printers integrated together to form a comprehensive counting and documentation system. The Safety-Sponge System works much like a grocery store checkout process: Every surgical sponge and towel is affixed with a unique inseparable two-dimensional data matrix bar code and used with a SurgiCounter to scan and record the sponges during the initial and final counts. Because each sponge is identified with a unique code, a SurgiCounter will not allow the same sponge to be accidentally counted more than one time. When counts have been completed at the end of a procedure, the system will produce a printed report, or can be modified to work with a hospital’s paperless system. The Safety-Sponge System is the only FDA 510k approved computer assisted sponge counting system. For more information, please contact SurgiCount at (951) 587-6201, or visit www.surgicountmedical.com. About Patient Safety Technologies Patient Safety Technologies, Inc. focuses on the acquisition of controlling interests in companies and the research and development of products and services in the health care and medical products field, particularly the patient safety markets. Its wholly-owned subsidiary, SurgiCount Medical, Inc., is a developer and manufacturer of patient safety products and services.
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