Paradigm Medical Industries Exploding. Up 45% (OTC:PDMI)

Paradigm Medical Industries, Inc. (OTC:PDMI) is currently breaking out and is up about 45% today on good volume. The stock was consolidating the last few weeks after a 700% gain. Now that the stock is consolidated I anticipate seeing new highs shattering Octobers high of 0.008. They are a very promising company who will soon begin to introduce four new ophthalmic diagnostic devices during the remainder of 2009. With so many great medical devices expected from PDMI in 2009 it’s no wonder its breaking out.

About Paradigm Medical Industries, Inc.

Paradigm Medical Industries, Inc. develops, manufactures, sources, markets and sells ophthalmic surgical and diagnostic instrumentation and related accessories, including disposable products. The Company’s surgical equipment is designed for minimally invasive cataract treatment. Its cataract removal system, the Photon laser system, is a laser cataract surgery system designed to be marketed as the next generation of cataract removal. The Company’s diagnostic products include a P2000 pachymetric analyzer, a P37 Ultrasonic A/B Scan, P40, P45 and P60 UBM Ultrasound Biomicroscopes, a P37 A/B Scan, two perimeters, the Blood Flow Analyzer, and the Glaid. The diagnostic ultrasonic products, including the P2000 pachymetric analyzer, the P37 Ultrasonic A/B Scan and the P40 UBM Ultrasound Biomicroscope were acquired from Humphrey Systems, a division of Carl Zeiss.

Disclosure: Long PDMI