Power Medical Interventions Reports Third Quarter 2008 Financial Results; Company Initiates Restructuring Plan, Job Cuts Ahead

LANGHORNE, Pa., Nov. 6, 2008 (GLOBE NEWSWIRE) -- Power Medical Interventions(r), Inc. (Nasdaq:PMII), a leader in developing and commercializing Intelligent Surgical Instruments(tm), today announced financial results for the third quarter ended September 30, 2008. The Company also announced today that it is implementing a restructuring plan to reduce operational expenses.

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