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Microcap & Penny Stocks : ABMC (American Bio Medica) Up 58% today

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To: tao sun who wrote ()9/9/1996 8:49:00 AM
From: Bob A Louie   of 43
 
To all:

ANCRAMDALE, N.Y., Sept. 9 /PRNewswire/ -- American Bio Medica Corporation (OTC-BB: ABMC) announced today the receipt of an order for 10,000 units of its Rapid Drug Screen Kit from Western Pathology Consultants, Inc.

(WPCI) of Scottsbluff, Nebraska. WPCI is a comprehensive drug program administrator serving clients nationwide with access to a network of thousands of specimen collection centers.WPCI President, Bill Stopperan remarked, "ABMC"s Rapid Drug Screen Kit is ideally suited for companies that require immediate drug screening results in order to not interrupt productivity or work flow. This quick response with accurate results distinguish this product from all others, creating the potential for ABMC and WPCI to become winners in the marketplace." Mr. Stopperan went on to explain that WPCI has the ability to enhance the Rapid Drug Screen Kit by offering Substance Abuse and Mental Health Services Administration approved laboratories for confirmation of positives should laws require it.

Jay Bendis, Vice President of Sales and Marketing of American Bio Medica stated, "We are excited that our team of distributors is growing at such a rapid pace. We welcome the addition of this established drug program administrator and look forward to a long and profitable relationship with them."

American Bio Medica Corporation is an "early stage" biomedical company which develops, manufactures and markets rapid, low-cost and easy-to-use diagnostic kits for abused substance testing and develops other biomedical technologies and devices. ABMC"s drug screening test strip employs technology similar to that used commonly in pregnancy test kits. In field tests conducted earlier this year, the drug detection strip demonstrated 100% correlation with the results produced by the SYVA EMIT II and GCMC, both standard laboratory tests.

For further information and updates, visit otcfn.com SOURCE American Bio Medica Corporation

-0- 9/9/96 /CONTACT: Robert M. Joyce of OTC Financial Network, 888-433-3077, or Stan Cipkowski, President of
American Bio Medica, 518-329-4485/
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