Power Medical Interventions, Inc. Announces Second Quarter Earnings Release Date...

Power Medical Interventions, Inc. Announces Second Quarter Earnings Release Date
and Conference Call Information

LANGHORNE, Pa., July 31, 2008 (PRIME NEWSWIRE) -- Power Medical
Interventions(r), Inc. (Nasdaq:PMII), a leader in developing and commercializing
Intelligent Surgical Instruments(tm), announced today that it will release its
second quarter 2008 financial results after-market on Wednesday, August 13,
2008. The Company will host a conference call on Thursday, August 14, 2008 at
10:00 a.m. Eastern Time. To participate in the second quarter conference call,
please dial 800-390-5360 or 719-234-0008.

A live broadcast of the conference call will be available at the Company's web
site, www.pmi2.com, in the "Investor Relations" section. Please allow extra time
prior to the call to visit the site and download the streaming media software
required to listen to the Internet broadcast.

An online archive of the broadcast will be available at the site two hours after
the live call and will be available through Thursday, August 21, 2008, by
dialing 888-203-1112 or 719-457-0820 and entering conference ID #: 5432063.

About Power Medical Interventions, Inc.:

Power Medical Interventions(r), Inc. is the world's only provider 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. PMI manufactures durable
recyclable technology to reduce medical waste and help keep the planet clean.
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, Inc. and its products, please visit www.pmi2.com.

Safe Harbor Statement

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, including the
Company's Annual Report on Form 10-K for the year ended December 31, 2007 and
its Quarterly Report on Form 10-Q for the three months ended March 31, 2008.

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.

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CONTACT: Power Medical Interventions, Inc.
John P. Gandolfo, Chief Financial Officer
267-775-8100

FD
Evan Smith, CFA
212-850-5606
Evan.smith@fd.com