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8-K - Patient Safety Technologies, Inc | v168002_8k.htm |
EX-10.1 - Patient Safety Technologies, Inc | v168002_ex10-1.htm |

Patient
Safety Technologies, Inc. Appoints Marc L. Rose, CPA (PA), Chief Financial
Officer
Temecula,
CA, December, 1, 2009. Patient Safety Technologies, Inc. (OTCBB:
PSTX) announced today that it has appointed Marc L. Rose, CPA(PA), to the
position of Chief Financial Officer, Treasurer and Corporate Secretary,
replacing Mary M. Lay, who has been acting CFO since 2008. Prior to
joining Patient Safety Technologies, Inc., Mr. Rose was Vice President Finance,
Chief Financial Officer, Treasurer and Corporate Secretary of Protalex, Inc., a
publicly traded biotechnology company. In addition to his experience at
Protalex, Mr. Rose was the Chief Financial Officer at DentalEZ Group, a
privately held manufacturer. Mr. Rose has also served as a
Practice Manager for Oracle Consulting Services, a Controller with Waste
Management, Inc. and an Auditor with Ernst & Young. Mr. Rose is a
Certified Public Accountant in PA and received his BS in Accounting/Finance from
Drexel University.
"Marc is
a valuable addition to the Patient Safety Management team." said Steven H. Kane,
President and Chief Executive Officer, "His thorough knowledge of public company
reporting, systems implementation and operations will help
PSTX continue to improve its financial infrastructure. This is a
critical component in helping PSTX reach its goal of establishing its
technology as the industry standard of care." Mr. Rose added, "I'm
excited about the opportunity and I look forward to contributing to the success
of the company."
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-SpongeTM 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. RFOs are among one of the most
common surgical errors.
For more
information, contact SurgiCount at (951) 587-6201, or visit
www.surgicountmedical.com.
Media
Contact:
Steve
Kane
Office: (951)
587.6201
Cell: (215)
801.9937
SKane@surgicountmedical.com