PST Announces Appointment of New Board Member

  
    
  
  
    
      Patient Safety Technologies, Inc. (AMEX:PST) announced today that 
      on January 24, 2006, its Board of Directors approved the appointment of 
      David Augustine as Board Director, replacing outgoing Director, Ret. 
      General Lytle Brown III. The Board of Directors has authorized the 
      creation of a Special Committee, which Mr. Augustine will chair, to 
      review certain proposed restructuring transactions of the Company in 
      pursuit of its goal of focusing exclusively on the patient safety 
      medical products field.
    
    
      Mr. Augustine has almost twenty years' experience as a successful legal 
      advisor, managing principal and business consultant. Mr. Augustine began 
      his career as an attorney in the Mergers and Acquisitions department of 
      Skadden, Arps, Slate, Meagher & Flom, representing predominantly Fortune 
      500 companies. Mr. Augustine also started up the firm’s 
      restructuring and reorganization department in its Wilmington, Delaware 
      office. Mr. Augustine has guided numerous companies through successful 
      restructurings both as a business principal and as a legal advisor. He 
      also has substantial experience in the areas of intellectual property 
      development, protection, and licensing.
    
    
      “We are pleased to have a professional such as 
      Mr. Augustine join our Company’s Board of 
      Directors,” commented Arnold Spangler, PST’s 
      Chairman. “Mr. Augustine will greatly aid the 
      Company in pursuing its fundamental business strategy of building assets 
      in the health care and medical products field, with his immediate focus 
      on assisting in the Company’s divesture of its 
      non-healthcare assets.”
    
    
      About Patient Safety Technologies, Inc.
    
    
      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 featuring the Safety-Sponge™ 
      System. The 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. For more 
      information, please contact the company directly at 951-587-6201, or 
      visit www.surgicountmedical.com. 
      For more information on Patient Safety Technologies, Inc., please 
      contact the company directly at 310-895-7750, or by email at [e-mail] 
      or http://www.patientsafetytechnologies.com. 
      Patient Safety Technologies is traded on Amex:PST.
    
    
      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 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 the Company does not undertake any 
      obligation to publicly update such forward-looking statements to reflect 
      subsequent events or circumstances.