Rochester, NY 9/1/2009 3:58:13 PM
News / Business

Abaxis Inc. ABAX,End of the trading session trade hit 26.60

Abaxis Inc.

Abaxis, Inc., a medical products company manufacturing point-of-care blood analysis instruments for both the medical and veterinary markets, announced today the appointment of Brenton Hanlon to the position of vice president of North American medical sales and marketing, effective immediately. Mr. Hanlon, a member of the Abaxis Board of Directors since 1996, has resigned his position on the Board to assume this management/operational position within the Company.
About Qwest Communications International Inc.

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Last Trade:      26.60
Day's Range:    N/A - N/A
52wk Range:    0.00 - 29.18
Change:          0.00 (0.00%)
Volume:           0
Avg Vol (3m):    252,994

About Abaxis Inc.

Abaxis, Inc. (Abaxis) develops, manufactures, markets and sells portable blood analysis systems for use in any human or veterinary patient-care setting to provide clinicians with rapid blood constituent measurements. It has two segments: the medical market and the veterinary market. It markets the blood analysis system in the medical market under the name Piccolo xpress. Blood analysis system in the veterinary market is marketed under the name VetScan VS2. Its primary product is a blood analysis system. In April 2009, the Company submitted an assay for C-Reactive Protein (CRP) to the United States Food and Drug Administration (FDA) for 510(k) clearance. In May 2009, it entered into a license agreement with Abbott Point of Care Inc., granting the Company the right to sell and distribute Abbott’s i-STAT 1 handheld instrument (i-STAT 1 analyzer) and associated consumables (for blood gas, electrolyte, basic blood chemistry and immunoassay testing) in the animal healthcare market worldwide.

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