Prism Medical Ltd.
TSX VENTURE : PM

Prism Medical Ltd.

March 13, 2008 16:43 ET

Prism Medical Ltd. (PM:TSX-VEN) Grant of Incentive Options

VAUGHAN, ONTARIO--(Marketwire - March 13, 2008) - Prism Medical Ltd. ("Prism") (TSX VENTURE:PM) announced today that it granted options to acquire 120,000 common shares at an option price of $3.61 subject to the terms and conditions of a Stock Option Plan restated and amended by Prism on May 27, 2005. The options have a term of three years. These options included 50,000 options granted to Andrew McIntyre, 35,000 options granted to Charley Wallace and 35,000 granted to Miles Atkinson, all senior officers of Prism.

Prism is a provider of durable medical equipment and related services to the mobility disadvantaged in Canada, the U.S. and the U.K. While Prism's history dates back to 1996, Prism's subsidiaries and divisions have been servicing the mobility disadvantaged since the mid-1980's in their homes, long-term care facilities and acute care facilities. Prism includes Waverley Glen Systems, North America's premiere ceiling lift manufacturer with distribution across Canada and the U.S., Westholme and Care Free Lifting & Handling, leading distributors of moving and handling products in the U.K. and Freeway Health Care, a U.K.-based manufacturer of ceiling hoists and shower chairs.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

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