SurgiCount Medical Enters into Contract with a Large Chicago Area Medical Center

TEMECULA, Calif.--(BUSINESS WIRE)--Patient Safety Technologies, Inc. (OTCBB:PSTX) announced today that a large Chicago area medical teaching facility (the “Facility”), entered into contract to use SurgiCount Medical’s computer assisted counting system. The Facility correctly recognized the need to adopt new technologies to effectively achieve their patient safety goals which resulted in the Facility’s adoption of the Safety-Sponge System. We anticipate that the Facility’s decision to fully implement the Safety-Sponge System in all of its operating rooms will generate from $250,000 to $300,000 in recurring annual revenues.