NEW YORK, NY--(Marketwire - Apr 18, 2012) - [ Taglich Brothers, Inc. ] is pleased to announce that Brian E. Stewart, President & CEO of Patient Safety Technologies, Inc. (OTCBB: [ PSTX ]) (OTCQB: [ PSTX ]) will be presenting at our 9^th Annual Small Cap Equity Conference May 1, 2012. The Conference will take place at the New York Athletic Club, New York City. To request additional information or to [ register ], contact [ Taglich Brothers ] at 212-779-2971 or visit [ www.taglich.com ].

About Taglich Brothers

[ Taglich Brothers, Inc ]. is a full-service broker dealer focused exclusively on microcap companies. The Company defines the microcap segment of the equity market as companies with less than $250 million in market capitalization. Taglich Brothers currently offers institutional and retail brokerage services, investment banking and comprehensive research coverage to the investment community.

About Patient Safety Technologies, Inc.

Patient Safety Technologies, Inc., through its wholly-owned operating subsidiary SurgiCount Medical, Inc., provides the Safety-Sponge® System, a solution clinically proven to improve patient safety and reduce healthcare costs by helping eliminate one of the most common errors in surgery, retained surgical sponges. The Safety-Sponge® System is currently used in more than 150 hospitals across the U.S., including 6 of the 2011-2012 U.S. News and World Report Best Hospitals Honor Roll recipients. For more information, contact SurgiCount Medical, Inc. at (949) 387-2277 or visit [ www.surgicountmedical.com ].