VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 30, 2008) - Pyng Medical Corp. (TSX VENTURE:PYT) today released its unaudited third quarter fiscal 2008 results for the period ending June 30, 2008, marking the Company's seventh consecutive quarter of growth and profitability. Third quarter revenues of $1,624,967 exceeded the prior year period by 20%. Net income for the period increased to $97,573 compared to $47,684 in the third quarter of 2007. Pyng Medical also achieved two priority business development milestones during the quarter which significantly enhance the Company's future revenue potential.