Pyng Medical Corp. Releases Positive Second Quarter 2008 Results, Revenues and Earnings Remain Strong for Sixth Consecutive Quarter

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 30, 2008) - Pyng Medical Corp. (TSX VENTURE: PYT) today released its unaudited second quarter fiscal 2008 results for the period ending March 31, 2008. Second quarter revenues of $1,444,769 exceeded the prior year period by $347,300 or 32%. Net income for the period was $138,722 compared to $77,429 in the prior year, with $55,546 of this difference due to the change in the US:Canadian dollar exchange rate.

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