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ABAXIS Announces Contract Manufacturing Agreement with SA Scientific, Ltd.
Date:1/13/2009

Company now poised to enter Animal Health Rapid Diagnostics Market with a Canine Heartworm Antigen Rapid Test Kit

UNION CITY, Calif., Jan. 13 /PRNewswire-FirstCall/ -- Abaxis, Inc. (Nasdaq: ABAX), a medical products company manufacturing point-of-care blood analysis instruments for both the medical and veterinary markets, announced today that it has signed an agreement with S.A. Scientific for the manufacturing of a Canine Heartworm Lateral Flow / Rapid Test Kit.

This manufacturing agreement provides Abaxis the opportunity to expand the Abaxis product portfolio and enter now the veterinary rapid test diagnostic market. The market for Canine Heartworm tests in the animal health market is estimated to be $70,000,000 in the United States alone.

"SA Scientific is an outstanding company with which we have done business with in the past. They have all the tools, capacity and expertise to manufacture a broad line of rapid diagnostic, lateral flow devices and we look forward to a long term, strategic relationship with them" said Clint Severson, Chairman and Chief Executive Officer. Martin Mulroy, Abaxis Vice President Marketing and Sales added, "Abaxis has almost 7,000 Animal Health and Research customers in North America pleased with the level of service and support provided by the company's field sales, technical service and customer service groups. We look forward to providing them a high quality / low cost alternative to competitive products while expanding our market penetration as a result of this portfolio addition. Our brand is highly respected and Abaxis is well known for innovative and cost effective solutions. Upon launch of the VetScan Canine Heartworm Test I anticipate it too will be widely and rapidly accepted."

Dr. Harbi Shadfan, President of SA Scientific, Ltd., said, "We are excited abo
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SOURCE Abaxis, Inc.
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