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Technology Stocks : CEXI (CDEX Inc.)

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From: Felix19/20/2006 7:01:52 AM
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Tucson Medical Center Selects ValiMed™ Medication Validation System for Hospital Pharmacy

ValiMed Selected to Verify Compounded Medication Doses, and Validate Narcotic Returns

ROCKVILLE, MD. – September 19, 2006 - CDEX Inc. (OTCBB: CEXI) announced today that Tucson Medical Center in Tucson, Arizona has selected the ValiMed Medication Validation System to perform end product testing of compounded intravenous medications, and validation of returned narcotics. The ValiMed Medication Validation System, developed by CDEX and distributed exclusively by Baxa Corporation, provides clinicians with a quick, cost effective, and simple tool to further ensure medication safety by verifying medications are correctly compounded.

In a process that takes only seconds, ValiMed uses patent pending technology to validate compounded doses of high-risk medications prior to dispensing to the patient care area. The solution creates an added level of safety in the medication dispensing process, and is also used to validate narcotic returns as well as identify counterfeit medications.

"We are excited to begin working with Tucson Medical Center." said Jim Griffin, President and CEO of CDEX Inc. “It will be beneficial to have a client in the backyard of our science laboratory in Tucson.” ValiMed validates medications to ensure that the correct drugs, in the correct amounts, in the correct diluent have been added to the dose during the compounding process. The ValiMed Medication Validation System is distributed under an exclusive agreement with Baxa Corporation (www.baxa.com) of Englewood, Colorado.

About Baxa Corporation

Baxa, a customer-focused medical device company, provides innovative, solution-based technologies for fluid handling and delivery. Its systems and devices promote the safe and efficient preparation, handling, packaging, and administration of fluid medications. Privately held, Baxa Corporation has subsidiaries and sales offices in Canada and the United Kingdom; direct representation in Belgium, Denmark, Finland, France, Germany, Luxembourg and The Netherlands; and distribution partners worldwide. Further information is available at www.baxa.com.

About CDEX, Inc.

CDEX Inc. is a technology development company with a current focus on developing and marketing products using chemical detection and validation technologies. At present, CDEX is devoting its resources to two distinct areas: (i) and quality assurance (e.g., validation of prescription medication and detection of counterfeit or sub-par products for brand protection). ValiMed is one line of CDEX products for the healthcare market; and (ii) identification of substances of concern (e.g., illegal drugs for law enforcement in the homeland security market) CDEX is headquartered in Rockville, Maryland with its research and development laboratory in Tucson, Arizona. For more information, visit www.cdex-inc.com.



Any statements made in this press release which contain information that is not historical are essentially forward-looking. Many forward-looking statements can be identified by the use of words such as "expects," "plans," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. These statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks are detailed from time-to-time in filings with the Securities and Exchange Commission. There is no obligation to publicly update any forward-looking statements.
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