VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jul 30, 2007 -- Pyng Medical Corp. (CDNX:PYT.V - News) reports record financial results for the third quarter of its 2007 fiscal year, ending June 30, 2007. The quarter’s significant revenue growth offset a nine-point drop in the US dollar, while control on operating expenditures ensured the Company maintained its commitment of consecutive income-generating quarters. Pyng has implemented a 4.5% price increase on July 1st to help offset further deterioration in the US dollar, given that 91% of its revenue comes from the US market.