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Biotech / Medical : American Bio Medica (ABMC) drug test solution -taking off! -- Ignore unavailable to you. Want to Upgrade?

To: Barbara Hospel who wrote (602)	5/30/2001 12:40:32 PM
From: Skywatcher	Respond to of 629

AMBC Wins Large Contract With Dominican Republic Rapid Drug Screen--TM-- Will Be Used to Test 250,000 Dominican Applicants for Gun Permits KINDERHOOK, N.Y.--(BUSINESS WIRE)--May 30, 2001--American Bio Medica Corporation (NASDAQ:ABMC - news) today announced that it and its distributor partner, Vanter S.A., had been awarded a broad-scale, two-year drug testing contract by the government of the Dominican Republic. Under the agreement, ABMC's Rapid Drug Screen will be used to drug test all private citizens of the Dominican Republic who apply for weapons permits. The progressive program is administered by the Secretary of the Dominican Republic to ensure that guns are not in the hands of individuals with chronic drug abuse problems. As many as 250,000 applicants are tested each year in order to obtain or renew permits. ``This is an important contract because it involves high volume of product, and it represents a further strengthening of ABMC's international presence and distributor involvement,'' noted ABMC chief executive officer Robert L. Aromando, Jr. ``It also underscores the flexibility and reliability of Rapid Drug Screen as an anti-crime tool. The program will be able to handle as many as 1,000 or more registrations per day, involving drug tests throughout the country.'' The program will commence in June. Under the agreement, ABMC will provide on-site drug tests to Vanter, which will then be responsible for test distribution and personnel training within the Dominican Republic. Well, it's about time something happened with this doggie. chris

To: Barbara Hospel who wrote (602)	5/30/2001 12:43:02 PM
From: Skywatcher	Read Replies (1) \| Respond to of 629

New York Drug Testing Contract Awarded to ABMC Products -- Rapid Drug Screen Product Series to Be Used For On-Site Screenings -- KINDERHOOK, NY--(BUSINESS WIRE)--May 29, 2001--American Bio Medica Corporation (NASDAQ:ABMC - news) today announced that it and its distributor partner, Comprehensive Toxicology Services, Inc., had won a key contract by the State of New York to provide drug testing resources statewide. The awarded contract is for ``Lot II'' of the state's comprehensive substance abuse testing program, which covers ``testing devices with laboratory confirmation and proficiency testing provided and including administrative services.'' Under the agreement, Comprehensive Toxicology Resources will serve as contractor, managing and delivering these drug testing services. ABMC will effectively be the sole provider of on-site drug testing products. According to ABMC chief executive officer Robert L. Aromando, Jr., earning this contract not only directly benefits ABMC's sales, it demonstrates the company's focus on partnering with leading distributors to bid on, and win, major government contracts. ``This is a high-profile win for ABMC and Comprehensive Toxicology that demonstrates how ABMC's distribution partnerships have positioned the company to compete for state government contracts, here at home, and throughout the country,'' said Aromando. ``Being selected by the State of New York, which runs one of the most thorough state substance abuse testing programs in the nation, is testimony to both the quality of Rapid Drug Screen(TM), and the synergy between ABMC and Comprehensive Toxicology Services.'' The contract runs through November 30, 2002. Financial details on the scope of this contract cannot be released at this time, because Lot I and Lot III awards are still pending, and the total cost of Lot II services is determined by volume and utilization rates. The state's budget for drug testing services is, however, estimated to be in excess of $1 million. They seem to be on a real roll right now... chris