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INTEGRIS Southwest Joins INTEGRIS Baptist Medical Center
in Adopting the SurgiCount Medical System to
Prevent Retained Sponges After Surgery
SurgiCount Medical, a wholly owned subsidiary of Patient Safety
Technologies, Inc. (AMEX:PST), announced today that it has entered
into a three-year agreement to provide its patented Safety-Sponge(TM)
System for the prevention of retained sponges after surgery to
INTEGRIS Southwest Medical Center, a member of Oklahoma's largest
not-for-profit health care organization. SurgiCount has received an
initial purchase order from INTEGRIS Southwest for all of the
operating rooms at this facility. Financial terms were not disclosed.
"By reducing or eliminating the risk of retained sponges and
enhancing the efficiency of our surgical teams, we believe that the
Safety-Sponge System will deliver a real improvement in surgical
outcomes," said Marva Harrison, Administrative Director of Surgical
Services at INTEGRIS Southwest. "We are pleased that our patients will
now be able to benefit directly from this exciting new technology."
"Southwest Medical Center is the second hospital in the
eleven-hospital INTEGRIS system to order the Safety-Sponge System and
make it a standard of care in their hospital," noted Bill Adams, Chief
Executive Officer of SurgiCount. "More and more hospitals are
recognizing the critical role of our Safety-Sponge System in reducing
or eliminating dangerous and costly sponge-counting errors. Our system
is currently being evaluated by other major hospital networks in
California, Florida, Maine, Massachusetts, Missouri and Oklahoma, and
we expect to win additional supply agreements soon."
This contract is one of the two contracts SurgiCount received that
was announced in our press release dated July 25, 2006. Details on the
second hospital will follow shortly.
SurgiCount Medical received FDA 510(k) clearance to market and
sell its Safety-Sponge System in March 2006, and is the only
computer-assisted system for counting sponges cleared by the FDA. The
Safety-Sponge System is an integrated turn-key program of thermally
affixed, data matrix tagged surgical sponges, line-of-sight scanning
technology, and documentation that offers surgeons and hospitals a
solution to gossypiboma -- the term for surgical sponges accidentally
left inside a human body after surgery. Based on estimates and
assumptions made by Patient Safety Technologies management,
gossypiboma occurs in an estimated 3,000 to 5,000 surgical procedures
each year in the United States alone, and liability settlements and
other costs related to retained sponges amount to an estimated $500
million to $750 million annually.
About INTEGRIS Health
INTEGRIS Health owns, manages or leases hospitals, primary care
clinics, mental health facilities, rehabilitation centers, fitness
centers, hospice services, home health agencies and independent living
centers throughout the state of Oklahoma. INTEGRIS Health is an
Oklahoma-owned, not-for-profit corporation. Our mission is to improve
the health of the people and the communities we serve. More
information about INTEGRIS Health facilities and services is available
on our home page at www.integrisOK.com or by calling the INTEGRIS
HealthLine at 405-951-2277 or toll free at 800-951-2277.
About SurgiCount and the Safety-Sponge(TM) System
SurgiCount Medical's Safety-Sponge System works much like a
grocery store check-out system. Every surgical sponge and towel is
pre-labeled by the manufacturer with an individual and unique bar
coded label, and a scanning counter is used to read and record the
labels. No change is required in a hospital's established counting
procedures: sponges are counted and recorded by the system at the
beginning of the procedure and again as they are removed from the
patient. For more information, visit www.surgicountmedical.com.
About Patient Safety Technologies, Inc. (AMEX:PST)
Patient Safety Technologies, Inc. (PST) is a holding company that
owns assets in various businesses. Its wholly-owned subsidiary,
SurgiCount Medical, Inc., is a developer and manufacturer of patient
safety products and services. For more information on Patient Safety
Technologies, Inc., please contact the company directly at
310-895-7750, or by email at info@patientsafetytechnologies.com or
www.patientsafetytechnologies.com.
Forward-Looking Statements
This press release contains certain forward-looking statements.
These forward-looking statements can generally be identified as such
because the context of the statement will include words such as
Patient Safety Technologies plans, expects, should, believes,
anticipates or words of similar import. Stockholders, potential
investors and other readers are cautioned that these forward-looking
statements are predictions based only on current information and
expectations that are inherently subject to risks and uncertainties
that could cause future events or results to differ materially from
those set forth or implied by the forward-looking statements. Certain
of those risks and uncertainties are discussed in our filings with the
Securities and Exchange Commission, including our annual report on
Form 10-K and quarterly reports on Form 10-Q. These forward-looking
statements are only made as of the date of this press release and
Patient Safety Technologies does not undertake any obligation to
publicly update such forward-looking statements to reflect subsequent
events or circumstances.