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PRISMEDICAL News
FOR IMMEDIATE RELEASE

PRISMEDICAL Announces New Corporate Headquarters in Napa Valley

Napa, CA, July 1, 2004 — PRISMEDICAL announced today the opening of its new facility in American Canyon, California. Located in an industrial area of Napa Valley, the company has expanded into a larger space to accommodate additional staff and analytical instrumentation as a result of contracts awarded to PRISMEDICAL by the Office of Naval Research.

“Bringing analytical instrumentation and expertise into the company, will enable us to accelerate studies at a fraction of the cost of outside contract services and ultimately reduce our critical path to commercialization,” said Mark Sizelove, President and Chief Executive Officer of PRISMEDICAL.

The new space will provide new capabilities for prototyping and pilot manufacturing, which the company values as “enabling programs” for future sales.