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To: Findit who wrote (117780)	6/28/2004 9:52:50 AM
From: Findit	Read Replies (1) \| Respond to of 208838

PMED news today. Time for it to recover from the huge loss in pps over the last year. SALT LAKE CITY--(BUSINESS WIRE)--June 28, 2004--Paradigm Medical Industries, Inc. (OTCBB:PMED - News; OTCBB:PMEDW - News) announced today the introduction of its upgraded LD400 FT, or Fast Threshold Autoperimeter (FTA). The instrument is used as a pre-screen in the early detection of glaucoma, cataract, and age-related macular degeneration (AMD), the three leading causes of eye disease and blindness. "The FTA will reduce the time needed by optometrists and ophthalmologists conducting autoperimetry tests by more than 40%," said Paradigm Medical's Chief Executive Officer, John Yoon. "The procedure currently takes more than 15 minutes." "The LD400 FT is the latest installment in the Company's perimetry line," noted Paradigm Medical's Vice President of Sales and Marketing, Ray Cannefax. "Our ability to upgrade units already in the field with new software is further proof of our commitment to delivering value to customers. The shorter test time dramatically improves the quality of the test, reducing patient fatigue and making it a more positive experience. The shortened time should reduce patient drop out or patients who do not return for routine monitoring of a chronic condition that can lead to blindness." Traditional methods of perimetry use an enclosed fixture where the patient responds to visual stimuli at different locations and intensities. This enables determination of the patient's field of vision. By significantly increasing the speed of the test, not only does the health care professional gain but also the patient is much less likely to abandon the test out of frustration. According to Sheldon Rabin, MD, FASC, founder and president of the New York Eye Care clinics, "We see this as the logical extension of Paradigm Medical's current LD400 unit. The Company has the only device in this category today with multi-language audio prompts and voice recognition to reassure the patient. The new Fast Threshold Autoperimeter will dramatically increase productivity in situations where the test time is the bottleneck." Paradigm Medical Industries, Inc., develops, manufactures and markets surgical and diagnostic high-tech, proprietary equipment and consumable products for the medical industry. The Company's corporate headquarters are located at 2355 South 1070 West, Salt Lake City, Utah 84119. Call (801) 977-8970 or visit us at our web site at www.paradigm-medical.com. This press release contains statements that, if not verifiable historical fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to Paradigm and its business. The predictions embodied in these statements will involve risk and uncertainties and, accordingly, actual results may differ significantly from the results discussed or implied in such forward-looking statements. -------------------------------------------------------------------------------- Contact: Paradigm Medical Industries, Inc. John Yoon, 801-977-8970 -------------------------------------------------------------------------------- Source: Paradigm Medical Industries, Inc.