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Patient Safety Technologies Reports Second Quarter Results
Date:8/6/2009

d upon as representing our plans and expectations as of any subsequent date. Although we may elect to update or revise forward-looking statements at some time in the future, we specifically disclaim any obligation to do so, even if our plans and expectations change.

                        PATIENT SAFETY TECHNOLOGIES, INC.
                                BALANCE SHEET
                      (In thousands, except par value)

                                                   June 30,     December 31,
                                                     2009          2008*
                                                     ----          ----
                                                 (unaudited)
                       Assets

    Current assets:
        Cash and cash equivalents                    $251          $296
        Accounts receivable                           188           418
        Inventories                                   657           200
        Prepaid expenses                              219           188
                                                      ---           ---
            Total current assets                    1,315         1,102

    Restricted certificate of deposit                  94            94
    Notes receivable                                  121           121
    Property and equipment, net                       474           622
    Goodwill                                        1,832         1,832
    Patents, net                                    3,276         3,439
    Long-term investment                              667           667
    Other assets                                       29            37
                                                       --            --
            Total assets                           $7,808        $7,914
                                                   ======        ======

            
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SOURCE Patient Safety Technologies, Inc.
Copyright©2009 PR Newswire.
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