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Patient Safety Technologies, Inc.(fka PSTX)

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Last Post: 3/25/2014 5:23:37 PM - Followers: 4 - Board type: Free - Posts Today: 0

First New York Hospital Adopts the SurgiCount Medical Safety-Sponge(TM) System Upstate Hospital is First to Adopt Surgical Sponge Counting System TEMECULA, Calif., Oct 07, 2008 /PRNewswire-FirstCall via COMTEX/ -- SurgiCount Medical, a division of Patient Safety Technologies (OTC Bulletin Board: PSTX), and the manufacturer of the Safety-Sponge(TM) system, announced their first implementation of a New York hospital to use SurgiCount Medical's Computer Assisted Sponge Counting System. Estimated value in purchases to exceed $200,000 per year. SurgiCount's Safety-Sponge(TM) System consists of individually bar-coded surgical sponges and an easy-to-use portable scanner that validates traditional hand sponge counts and will be implemented across all services, thus offering the same standard of care to all of their patients. "We are very pleased to have implemented the System into our first New York based hospital. The Safety-Sponge System continues to gain national acceptance. Our current customer base has enjoyed knowing that the System works and is extremely reliable. They find it to be a safe, simple and cost effective solution to retained surgical sponges. We estimate that our SurgiCount Safety-Sponge(TM) System has successfully been used in over 200,000 procedures without a single report of a retained surgical sponge," says Rick Bertran, President of SurgiCount Medical. "Based upon a comparison to published data, our sponge tracking system appears to significantly reduce the possibility of a retained sponge during a medical procedure. This success, combined with an overall increase in public awareness of patient safety concerns, leads us to believe that other large institutions will soon adopt our surgical sponge patient safety solution." With over 4,000 potential institutions and 45,000 operating rooms nationally, that are subject to this "never event" we feel there is a significant opportunity to expand our leadership in this market. About SurgiCount Medical, Inc. SurgiCount Medical, Inc., a division of Patient Safety Technologies, Inc. (OTC Bulletin Board: PSTX), manufactures the SurgiCount Safety-Sponge(TM) System, a patented FDA 510(k) approved turn key solution to retained surgical sponges. The system is comprised of surgical sponges and towels affixed with an inseparable two-dimensional data matrix bar code and a SurgiCounter scanner to record each sponge before and after an operation. Because all sponges are identified with a unique code, they can not be counted twice. At the end of a procedure, the system can either immediately produce a printed report or the information can be imported into a database program. The SurgiCount Safety-Sponge(TM) System is also the only retained sponge system to offer complete sponge inventory tracking, reporting features, and integration with a medical facility's IT system. For more information, please contact SurgiCount at (951) 587-6201, or visit http://www.surgicountmedical.com . SOURCE SurgiCount Medical, Inc.
#98   PSTX acquired. Finra deleted symbol: Renee 03/25/14 05:23:36 PM
#97   So, is it true that the company was Muckrakin 03/04/14 05:45:12 PM
#96   Hey, thanks ospreyeye, LOOKING GOOD!! LOOKS LIKE $$$$ bow-tie 01/02/14 11:29:34 PM
#95   PSTX: that other stock formed Bullish 3 gaps ospreyeye 01/02/14 03:03:34 AM
#94   Hi there Everyone, Wanted to let you know bow-tie 12/11/13 08:28:45 PM
#93   I'm hearing some rumors about this company ... OceanEagle1 11/14/13 12:01:01 PM
#92   Dd this company do their RS yet? I'm PatB1 05/14/13 11:51:55 AM
#91   Read BELOW AS i PULLED THIS FROM THE ToddAult 01/07/13 02:23:51 AM
#90   Do you have details on the reverse? PatB1 01/06/13 08:41:58 AM
#89   Really looks like PSTX is heading to the ToddAult 01/04/13 10:57:02 PM
#88   Hello, anybody out there? Any thoughts on why PatB1 11/06/12 04:26:18 PM
#87   I agree. It will be interesting to see PatB1 10/09/12 11:50:51 AM
#86   I believe Company has been demonstrating Traction WallStreetMyWay 10/08/12 08:38:24 PM
#85   Wallllstreet: what info do you have that PatB1 10/08/12 07:48:11 PM
#84   PSTX Defiantly looking to Poise! WallStreetMyWay 10/07/12 12:05:51 PM
#83   Add to your positions..! WallStreetMyWay 10/06/12 07:54:16 AM
#82   Volume coming back.....PSTX bonis 02/27/12 01:09:59 PM
#81   A little bit of Insider purchases at $1.05 bonis 02/27/12 11:24:57 AM
#80   MANNNNNNNN!!!! Somebody is really trying hard to buy bonis 02/17/12 01:30:27 PM
#79   Great time to buy here......On the low!!!! JMO bonis 02/16/12 03:33:53 PM
#78   PSTX.......LOTS OF VOLUME TODAY!!!!!!!!! bonis 01/30/12 02:26:01 PM
#77   AFTER HOUR NEWS>>>MAYBE!!!!!! JMHO!!!! bonis 01/24/12 03:43:24 PM
#76   Could there be NEWS on the way????? PSTX bonis 01/24/12 02:59:44 PM
#75   PSTX>>>>>>>We have volume!!!!????? bonis 01/24/12 02:49:01 PM
#74   Ochsner Health systems adopts the SPONGE!!!!!! PSTX!!!! bonis 01/10/12 09:30:35 AM
#73   PSTX would go aloy higher if that jerk bonis 12/23/11 01:53:49 PM
#72   PSTX....NEWS OUT......More and more interest in their Sponges!!!! bonis 12/21/11 05:23:03 PM
#71   PSTX.....Still holding here....Waiting for a huge aquisition/merger.......JMHO!! bonis 12/19/11 11:02:19 AM
#70   PSTX FINANCIALS OUT!!!!!! bonis 12/06/11 09:46:02 AM
#69   Why the sudden disappearance? I noticed the board Muckrakin 11/29/11 04:04:37 AM
#68   PSTX partners with Premier Healthcare Alliance!! News,news,news bonis 11/17/11 09:49:46 AM
#67   3rd quater results out, slowly but surely PSTX bonis 11/16/11 12:44:23 PM
#66   I would imagine they are using the sponge bonis 11/09/11 08:09:04 PM
#65   People have been saying this for years about Muckrakin 11/09/11 07:39:21 PM
#64   Do u really think this is overvalued? IMHO, bonis 11/09/11 01:07:55 PM
#62   THIS PSTX IS A JOKE & OVERVALUED ZipCash 11/08/11 09:30:31 AM
#61   Buy Low.....1.30 bonis 11/02/11 02:17:50 PM
#60   PSTX.........The ONLY sponge of its kind out there bonis 11/02/11 02:16:58 PM
#59   IMO PSTX is doing good things here...........What's next????????? bonis 11/02/11 08:39:39 AM
#58   Up a couple of cents today. Looks good. Robert Johnson II 10/24/11 11:10:42 PM
#57   PSTX...Moving upward slow and steady!!!!! Keep watching from bonis 10/19/11 10:29:35 AM
#56   Hi crapman, what rock did you just crawl Robert Johnson II 10/04/11 01:26:39 PM
#54   PSTX Talk about a pile of CRAP!!! THECRAPSMAN 10/04/11 01:08:52 PM
#53   Volume picking up lately!!!!! PSTX bonis 09/30/11 11:56:44 AM
#52   PSTX Share Structure Robert Johnson II 09/30/11 11:43:31 AM
#51   SurgiCount Medical Announces Agreement with 130+ Hospital Operator Robert Johnson II 09/30/11 11:40:25 AM
#50   CHOO CHOO>>>>>PSTX train taking off!!! bonis 09/29/11 03:52:31 PM
#49   PSTX up 29.70% bonis 09/29/11 03:03:02 PM
#48   PSTX up 18%, NEWS OUT!!! bonis 09/29/11 11:23:20 AM
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