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Abaxis Launches The VetScan(R) HM5 a State-of-the-Art 5-Part Differential Veterinary Hematology Analyzer
Date:9/17/2007

n. In just two minutes, test results and four cellular histograms will be displayed, permitting the veterinarian to complete a routine annual check-up, and/or make a timely diagnosis and devise an appropriate treatment plan.

Martin Mulroy, Vice President Marketing and Sales for the Veterinary business added, "We have significantly ramped up both our field sales team and inside sales group in anticipation of this product release in order to better meet the expected demand. Abaxis now offers the marketplace a choice in hematology instruments, the VetScan HM2 and VetScan HM5, and is poised to compete on multiple levels. This product line extension will also allow for increased complete system placements, increasing demand and sales of the Abaxis VetScan VS2 chemistry, electrolytes and immunoassay system and the associated rotors."

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 now 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-look
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SOURCE Abaxis, Inc.
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