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Stanley Wunderlich

Consulting For Strategic Growth,Ltd.

Corporate Development Consultants

Public Relations    

Tel: 800-625-2236            

Fax: 516-625-4523            


John W. Hemmer

Director of Shareholder Relations

Paradigm Medical Industries, Inc.

Tel: 914-762-2946

Fax: 914-762-4322

Web site:

    SALT LAKE CITY, UT – January 24, 2001 - Paradigm Medical Industries, Inc. (NASDAQ:PMED) announced today that the company achieved record sales for a single month in December of $1.26 million.

“We’re very proud of this achievement and look forward to more of this kind of performance now that our flagship product, the Photon Laser System for Cataract removal, is approved for sale in Europe” commented Thomas Motter, Paradigm’s Chairman and Chief Executive Officer.

“The Photon approval in Europe is just one of a number of factors impacting the company’s ability to generate record revenues. Our recently FDA approved Ultrasound Workstation for Eye Care combining several systems is proving to be an outstanding success. The company had record orders at the annual American Academy of Ophthalmology Trade Show last October in Dallas. As more of our products are sold an ongoing revenue stream is generated, in some cases exponentially, from the disposable and consumable products they use”, Mr. Motter stated.

Paradigm Medical Industries, Inc., currently develops, manufactures and markets surgical and diagnostic high-tech “breakthrough” proprietary equipment and consumable products in medicine. The company’s corporate offices are located at 2355 South 1070 West, Salt Lake City, Utah 84119. Call 801-977-8970 or visit us at our web site at

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This press release contains forward-looking statement that, if not verifiable historical fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to Paradigm and its business. The predictions embodied in these statements will involve risks and uncertainties and accordingly, Paradigm actual results may differ significantly from the results discussed or implied in such forward-looking statements.

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Consulting For Strategic Growth, Ltd.
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