PATIENT SAFETY TECH

Patient Safety Technologies, Inc. focuses on the development, marketing and sales of products and services in the medical patient safety markets. The Company's Safety-Sponge System is a system of bar-coded surgical sponges and towels, SurgiCounter scanners, and Citadel, its file management system, integrated to form a counting and documentation system. The Company sells its Safety-Sponge System to hospitals through its direct sales force. SurgiCount Medical, Inc. is the Company's wholly owned subsidiary. Numbers: Market cap 30M $ Sales 13M $ (increase from 1M $ in 2007 !!!) Quarterly Revenue Growth -30% (yes, it's volatile when company increased revenues by 1300% in 2Y already) EBITDA 200K $ (first time profitable, with growing sales profits will follow as their Safety-Sponge has a long way to go around the world, in the last 6Y they lost $60M in EBIT just how much confidence investors have in their few products that this stock is around $0.90 and not $0.09 and they are right, this is a real product that can be sold to hospitals in every country) Cash 5.7M $ LT Debt $0 Assets 9.7M $ Liabilities 6M $ Employees 13 Shares Outstanding 33,660,000 Float 15,190,000 Major Shareholders : Francis Capital Management LLC 9.5% There are 690 other private shareholders Resume: The company received FDA clearance to market the system in March of 2006. Since then, SurgiCount has shipped over 22 million sponges and has been used in over 825,000 procedures without a single reported retained event. Our system is used nationwide in leading private, federal, and teaching facilities. SurgiCount is the world’s leading supplier of enhanced surgical sponges and towels. And on the balance sheet side is all positive (besides revenue decline), cash and no debt, more assets than liabilities, small market cap compared to the potential of the market they serve. Look at their current clients and think. You decide the rest. SurgiCounters are made in the USA by Honeywell©