VANCOUVER, BRITISH COLUMBIA--(Marketwire - November 22, 2010) - Pyng Medical Corp. (TSX VENTURE: PYT) today announced record sales in the month of October, 2010 for its FAST1® Sternal Intraosseous Device. Nadine Gaston, Pyng Vice President of Global Sales and Marketing, noted that "Almost 8,000 FAST1® devices were sold in October, far surpassing results in that month from previous fiscal years. The positive momentum we had developed in our record setting 4th Quarter of Fiscal Year 2010 (July, August, September) has continued into the new Fiscal Year." Ms. Gaston also remarked, "I believe Pyng's education efforts regarding the unique clinical benefits of sternal IO are beginning to have an impact, particularly in the worldwide military market."
Mark Hodge, Pyng President and Chief Executive Officer, commented, "It's extremely gratifying to see our customers respond to Pyng's recent efforts in the creation of mutually beneficial partnerships that enhance patient care. I believe that Pyng Medical is well positioned for future growth if we continue to keep our priorities focused on patients, distributors, and business plan execution."
About Pyng Medical Corp.
Pyng Medical Corp. commercializes award-winning trauma and resuscitation products for front-line critical care personnel. Pyng's expanded product portfolio includes a variety of innovative, lifesaving tools. With growing markets in North America, Europe and Asia, Pyng offers user-preferred medical devices for use by hospital staff, emergency medical services and military forces worldwide.
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