Pyng Technologies: Two New Appointments to Advisory Board

Business Wire, Jan 27, 1999

VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 26, 1999-- Pyng Tech.(VSE:PYT.) (OTC Bulletin Board:PYNGF) Pyng Technologies Corp. is pleased to announce that subsidiary Pyng Medical Corp. has made two new appointments to the Corporations existing advisory board in order to bring additional professional input for the advancement of the F.A.S.T. 1(TM) System for Adult Intraosseous Infusion into the market place. Pyng Medical is very pleased to welcome to this Advisory Board the following individuals who have been selected for their high level of professional and corporate skills.

Alexander B. Korelin

Alexander B. Korelin is the Founder and President of A.B. Korelin and Associates Inc., a business-consulting firm that specializes in assisting public companies with regulatory compliance matters and investor relations. With a head office in Vancouver, Washington and additional offices in Sacramento, California, and Vancouver, British Columbia, A.B. Korelin and Associates have been in business for over twenty years. Mr. Korelin has assisted the Vancouver Stock Exchange with their media relations on the West Coast of the United States as well as organized large informational presentations involving the investment community. His firm has assisted hundreds of companies with their registration process with the U.S. Securities and Exchange Commission and in their investor relation's efforts. Mr. Korelin has been a member of the Board of Directors of American Pacific Bank; an Oregon state chartered institution with headquarters in Portland, Oregon since 1988. Mr. Korelin is also founder and co-host of The Korelin/Hartfield Report, a one hour business radio program which airs in Portland, Oregon. Mr. Korelin brings over twenty years experience in the financial community to the Advisory Board of Pyng Medical Corp.

Mervan (Max) R. Whelan, M.D., C.C.F.P., F.A.C.E.P.

Dr. Whelan has received degrees from Queens University in Kingston, Ontario and is Board Certified in Emergency Medicine (ABEM) in the United States as well as the Fellow American College of Emergency Medicine. He is trained in Anesthesia and Obstetrics. Dr. Whelan brings extensive experience in emergency medicine to the Pyng Medical Advisory Board. Dr. Whelan is Chairman and Medical Director of the Emergency Department at Arnot Ogden Medical Center in Elmira, New York and Clinical Associate Professor in Emergency Medicine at the University of Rochester Highland Hospital. He is a member of the following professional organizations, American College of Emergency Physicians, the American Medical Association, the Medical Society State of New York, Ontario Medical Association, and the College of Physicians and Surgeons of Ontario. In the past Dr. Whelan has been Director and Chairman of the Department of Emergency Medicine at the Geneva General Hospital in Geneva, N.Y., Director and Chairman of the Department of Emergency Medicine at Taylor Brown Memorial Hospital in Waterloo, New York. Dr. Whelan is also currently the Medical Director for a number of ambulance companies and fire departments in the State of New York.

Dr. Whelan and Mr. Korelin join Dr. Andrew Macnab, MB. -MRCS-LRCP-MD. Dr. Macnab has an extensive background in medical research and has championed the F.A.S.T. 1(TM) System through the B.C. Science Council, and the University of British Columbia Ethics Review Committee. Mr. Edward A. Bence, Attorney, currently Pyng Technologies Corp. attorney who brings a strong background in Business Law and Securities Law to our Advisory Board. Mr. Kevin O'Neill, MSc., has had a distinguished career in the Canadian high technology sector with senior rolls encompassing research, systems development, and marketing. Currently Mr. O'Neill is Marketing Manager for RADARSAT International.

The VSE has neither reviewed or approved the contents of this News Release.