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Prism Medical Reports Officer Appointment

TORONTO, ONTARIO -- (Marketwired) -- 07/31/14 -- Prism Medical Ltd., ("Prism Medical" or "the Company") (TSX VENTURE: PM), a leading provider of durable medical equipment and related services to the mobility challenged, today reported changes to its senior officer appointments. As part of the Company's restructuring plan, George Chiarucci, Chief Financial Officer, will be leaving the Company at the end July. He will be available to the Company in a consultative capacity.

"On behalf of the Board I wish to thank George for his valuable contribution to the Company. I'm pleased to announce that Rose Papastamos, Vice President, Corporate Controller, will take over the office of CFO effective August 1st, 2014. The position of Vice President, Corporate Controller will not be filled" said Andy McIntyre, Executive Chairman and CEO of Prism Medical.

About Prism Medical Ltd.

Prism Medical is a vertically integrated manufacturer and leading provider of equipment and services used to move and handle mobility challenged individuals in a safe and dignified manner. Prism Medical's products are marketed under the brand names of Prism Medical, ErgoSafe, Waverly Glen and Nightingale in the homecare, acute care and long-term care markets throughout North America. The Company offers solutions that encourage improved care, quality of life and mobility, while seeking to lower the overall cost of the caregiving function in a number of ways, including reducing the incidence of handling-related injuries among caregivers. In addition, the Company through its network of Nightingale dealers provides an integrated suite of products and services that make home care a viable option for many people. For further information visit Prism Medical's website at www.prismmedicalltd.com or www.sedar.com.

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

Contacts:
Prism Medical Ltd.
Andy McIntyre
Chairman and Chief Executive Officer
416-260-2145 ext. 235
[email protected]
www.prismmedicalltd.com

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