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Abaxis Declares Special Cash Dividend of $1.00 Per Share
Date:12/6/2012

, risks associated with manufacturing and distributing its products on a commercial scale free of defects, risks related to the introduction of new instruments manufactured by third parties, risks associated with competing in the human diagnostic market, risks related to the protection of Abaxis' intellectual property or claims of infringement of intellectual property asserted by third parties, risks related to condition of the United States economy and other risks detailed under "Risk Factors" in Abaxis' Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2012 and Abaxis' other periodic reports filed from time to time with the United States Securities and Exchange Commission.  Forward-looking statements speak only as of the date the statements were made.  Abaxis does not undertake and specifically disclaims any obligation to update any forward-looking statements.Contact:

Abaxis, Inc.

Lytham Partners, LLCClint Severson

Joe Dorame, Robert Blum and Joe DiazChief Executive Officer

602-889-9700510-675-6500
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