Patient Safety Technologies, Inc. (PST) conducts its operations through a single wholly-owned operating subsidiary, SurgiCount Medical, Inc. (SurgiCount). The Company’s primary focus is development, manufacturing and distribution of products and services focused primarily in the health care and medical products field, particularly the patient safety markets. SurgiCount’s Safety-Sponge System is designed to reduce the number of retained sponges and towels unintentionally left in patients during surgical procedures by allowing faster and more accurate counting of surgical sponges.