PARADIGM MEDICAL INDUSTRIES, INC. 2355 South 1070 West Salt Lake City, Utah 84119 (801) 977-8970 February 8, 2005 VIA EDGAR --------- Securities and Exchange Commission 450 Fifth Street, N.W. Judicial Plaza Washington, D.C. 20549 Attn: Thomas A. Jones Senior Attorney Re: Paradigm Medical Industries, Inc. Application for Withdrawal of Post-Effective Amendment No. 1 to Registration Statement on Form SB-2 Commission File No. 333-103061 Ladies and Gentlemen: Paradigm Medical Industries, Inc., a Delaware corporation (the "Registrant"), hereby requests pursuant to Rule 477(a) of the Securities Act of 1933, as amended, that the Securities and Exchange Commission (the "Commission") consent to the withdrawal of the Registrant's Post-Effective Amendment No. 1 to the Registration Statement No. 333-103061, which was previously filed with the Commission on January 11, 2005, on Form SB-2, together with any exhibits filed thereto. The Amendment No. 1 was filed as a post-effective amendment to the Registration Statement to register for resale shares of Registrant's common stock for certain shareholders, optionholders and warrantholders. In order to reflect and disclose material changes in Company's operations since January 11, 2005, Registrant filed Post-Effective Amendment No. 2 to the Registration Statement on Form SB-2 on February 3, 2005. Because Post-Effective Amendment No. 1 to the Registration Statement is no longer current, and has been superceded by Post-Effective Amendment No. 2, Registrant requests for the withdrawal of Post-Effective Amendment No. 1. No securities of Registrant have been sold in connection with the filing of Post-Effective Amendment No. 1 to the Registration Statement. February 8, 2005 Page 2 --------------------------- Please direct any questions or comments regarding this filing to the undersigned at (801) 977-8970 or Randall A. Mackey, Esq. at (801) 575-5000. PARADIGM MEDICAL INDUSTRIES, INC. By: /s/ John Y. Yoon ---------------------------------------- John Y. Yoon President and Chief Executive Officer