LANGHORNE, Pa., Feb. 8, 2008 (PRIME NEWSWIRE) -- Power Medical Interventions(r), Inc. (Nasdaq:PMII), a leader in developing and commercializing Intelligent Surgical Instruments(tm), announced today that Michael P. Whitman, Founder, President and Chief Executive Officer, will preside over the NASDAQ Stock Market Closing Bell on February 13, 2008 at 4:00 p.m. EST, in celebration of the company's recent initial public offering and listing of its common stock on NASDAQ on October 26, 2007.
"We are honored to be invited by NASDAQ to ring the closing bell. Our recent IPO was a significant milestone for the Company and I would like to thank all of our employees and shareholders for their hard work and support," said Michael P. Whitman, Founder, President and Chief Executive Officer.
To view the NASDAQ closing bell ceremony live, visit http://www.nasdaq.com/reference/marketsite_about.stm to access the MarketSite web cam link.
About Power Medical Interventions, Inc.:
Power Medical Interventions(r), Inc. is a pioneer in the design, development and manufacturing of computer-assisted, power-actuated surgical stapling products. PMI's Intelligent Surgical Instruments(tm) enable less invasive surgical techniques to benefit surgeons, patients, hospitals and healthcare networks. The company was founded in 1999, and is headquartered in Langhorne, PA with additional offices in Germany, France, and Japan. To learn more about Power Medical Interventions(r), Inc. and its products, please visit www.pmi2.com
Statements included in this press release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements relating to the future financial performance of the Company are subject to many factors including, but not limited to, the customer acceptance of the products in the market, the introduction of competitive products and product development, commercialization and technological difficulties, and other risks detailed in the Company's Securities and Exchange Commission filings.
Such statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. When used in this press release the terms "anticipate," "believe," "estimate," "expect," "may," "objective," "plan," "possible," "potential," "project," "will" and similar expressions identify forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof, and we do not undertake any obligation to update any forward-looking statements, whether as a result of future events, new information or otherwise.