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Patient Safety Technologies Completes $6.0 Million Equity Financing
Date:6/25/2010

ockholders requesting the removal of certain directors have withdrawn such demand.  As a result, under the Company's by-laws, the demand is no longer in effect.

Additional details on the transaction will be provided in an upcoming Form 8-K filing with the Securities and Exchange Commission.

About Patient Safety Technologies, Inc. and SurgiCount Medical, Inc.

Patient Safety Technologies, Inc., through its wholly owned operating subsidiary SurgiCount Medical, Inc., provides the Safety-Sponge® System, a system designed to improve the standard of patient care and reduce healthcare costs by preventing the occurrence of surgical sponges and other foreign objects from being left inside patients after surgery.  Retained Foreign Objects (RFOs) are among one of the most common surgical errors.

For more information regarding the Safety-Sponge® System, contact SurgiCount at (877) 520-2300, or visit www.surgicountmedical.com.

Safe Harbor for Forward-Looking Statements:

Any statements that are not historical facts contained in this release are forward-looking statements. Actual results may differ materially from those projected or implied in any forward-looking statements. Such statements involve risks and uncertainties, including but not limited to: risks relating to product and customer demand; the effect of economic conditions both nationally and internationally; the ability to protect our intellectual property rights; the impact of any litigation or infringement actions brought against us; competition from other providers and product
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SOURCE Patient Safety Technologies, Inc.
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