To: Double Dipper who wrote (12495 ) 4/17/1998 1:38:00 PM From: Mr. Stress Read Replies (1) | Respond to of 27968
News for ATXI ATRIX INTERNATIONAL MEETS OR EXCEEDS ALL MINIMUM REQUIREMENTS FOR Nasdaq Listing MINNEAPOLIS, April 17 /PRNewswire/ -- Atrix International, Inc. (Nasdaq: ATXI), stated today that the Company meets or exceeds all requirements for maintaining its Nasdaq listing. Steven D. Riedel, President and Chief Executive Officer of the Company, stated, "Despite recent comments by principals of Firamada, Inc., we meet all fiscal and share price requirements for maintaining our listing on the Nasdaq. In our earnings release, dated April 15, 1998, we also noted that we had returned to profitability in the most recent month and that we expect that trend to continue." Atrix International is a leading edge manufacturer of remote metering and production monitoring hardware for the copy control and plastic injection molding industries. The Company develops and writes proprietary monitoring software for these same industries. In addition, Atrix manufactures industrial vacuums, vacuum filters and printed circuit board transport cases for the office machine/computer industries. The Company also offers numerous innovative programs for supplying tools and instrumentation for field service organizations throughout the world. This press release contains forward looking statements. These statements by their nature involve substantial risks and uncertainties, and actual results may differ materially depending upon a variety of factors. The Company's return to profitability has been primarily due to the result of increased sales of vacuums and R3 and its ability to generate profits in the future will be dependent on its ability to maintain and increase this higher level of sales. SOURCE Atrix International, Inc.