The following press release was posted on Abaxis' newly updated website (www.abaxis.com):
"Abaxis' VetScan® Blood Analysis System Selected by PetsMart With Large Order
Sunnyvale, California --- March 15, 1999 --- Abaxis, Inc. (NASDAQ: ABAX), a medical products company manufacturing point-of-care blood
chemistry systems, announced today it has been selected by PetsMart Veterinary Services, Inc., one of the nation's largest chains of pet
supply stores and veterinary hospitals, to meet the laboratory needs for clinical chemistry and electrolyte measurements in its 118 hospitals
nationwide. PetsMart has purchased Abaxis VetScan Chemistry Analyzers for all 24 new hospital installations since May 1998. Today's
purchase of 32 analyzers is the first installment where older, out-dated technology is being upgraded to VetScan analyzers.
Dr. Mark Thompson, V.P. of Operations for PetsMart commented, "Our busy hospitals are open 7 days a week and we needed a chemistry unit
that was user-friendly, cost-effective and fast - VetScan met all our needs!"
Michael Mercer, Vice President, Domestic Marketing and Sales for Abaxis, commented, "We are pleased and honored to have been chosen by
PetsMart to meet their laboratory needs and are committed to assure their continued satisfaction with the quality, innovation and
cost-effectiveness of our products. By upgrading their existing laboratories, PetsMart has helped confirm the widely held belief by veterinary
professionals worldwide that VetScan is the best veterinary diagnostic solution available today and well into the future."
Founded in 1989, ABAXIS develops, manufactures and markets portable blood analysis systems for use in any patient-care setting to provide
clinicians with rapid blood constituent measurements. The system consists of a compact, 6.9 kilogram, portable analyzer and a series of 8-cm
diameter single-use plastic disks, called reagent discs that contain all the reagents necessary to perform a fixed menu of tests. The system can
be operated with minimal training and perform multiple tests on whole blood using either venous or fingerstick samples. The system provides
test results in less than 14 minutes with the precision and accuracy equivalent to a clinical laboratory." |
