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ABAXIS Announces Launch of Two New Products at the NAVC
Date:1/16/2009

These products, used alone or in conjunction with the VetScan Chemistry and VetScan Hematology products, demonstrate Abaxis' commitment to serving the Veterinary and Research community with high quality, innovative, and always cost-effective products. In this challenging economic environment, the marketplace will be looking to decrease costs and add efficiencies, one of the core strengths of the Abaxis product line." Michael Solomon, Director of Business Development added, "The addition of our first rapid diagnostic product along with an innovative micro-fluidic technology for coagulation testing further strengthens the current Abaxis product portfolio while creating the opportunity for future products and accelerated growth."

About Abaxis, Inc.

Abaxis develops, manufactures and markets portable blood analysis systems for use in any veterinary or human patient-care setting to provide clinicians with rapid blood constituent measurements. The system consists of a compact, 5.1 kilogram (11.2 pounds), portable analyzer and a series of single-use plastic discs, called reagent discs that contain all the chemicals required to perform a panel of up to 13 tests on veterinary patients and 14 tests on human patients. The system can be operated with minimal training and performs multiple routine tests on whole blood, serum or plasma samples. The system provides test results in less than 12 minutes with the precision and accuracy equivalent to a clinical laboratory analyzer. The veterinary business also provides to the veterinarian and research market a line of hematology instruments for point of care complete blood counts (CBC).

This press release includes statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Abaxis claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. Specific forward-looki
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