Power Medical Interventions, Inc. (the "Company") announced on June 2, 2009 that Intuitive Surgical, Inc. ("Intuitive Surgical") has elected to exercise its right to receive an irrevocable license to certain Company intellectual property in exchange for an accelerated aggregate undiscounted milestone payment of $5 million. The payment to the Company was made in connection with the License and Development Agreement between the Company and Intuitive Surgical dated as of September 9, 2008 (the "License and Development Agreement"). As provided under the terms of the License and Development Agreement, Intuitive Surgical has the right to receive an irrevocable license by accelerating payment of remaining milestones. With this latest payment, the Company has received a total of $20 million from Intuitive Surgical under the License and Development Agreement.

A copy of the Company's June 2, 2009 press release concerning the accelerated milestone payment by Intuitive Surgical is attached hereto as Exhibit 99.1 and incorporated herein by reference.

(d) Exhibits

Exhibit                                  Filed with this        Incorporated by Reference
No.               Description               Form 8-K        Form    Filing Date   Exhibit No.
99.1      Press release issued by              [x]
          Power Medical
          Interventions, Inc., dated
          June 2, 2009.