Navigation Links
Pro-Dex, Inc. Announces the Sale of Its Carson City, Nevada Property
Date:7/11/2013

IRVINE, Calif., July 11, 2013 /PRNewswire/ -- PRO-DEX, INC. (NasdaqCM: PDEX) today announced that on July 5, 2013 it completed the sale of its land and building in Carson City, Nevada. The sales price of the property was $980,000, resulting in net proceeds to the Company of approximately $915,000, after deductions for expenses related to the sale, primarily consisting of broker commissions and fees, aggregating approximately $65,000. The property was not encumbered by any debt.

(Logo: http://photos.prnewswire.com/prnh/20111025/LA93174LOGO-c)

As previously disclosed, in April 2013 the Company entered into a Purchase Agreement for the sale of the Carson City land and building to the purchaser, Aesthetic and Reconstructive Technologies, Inc.  The property formerly housed the Company's fractional horsepower motor product line doing business as Pro-Dex Astromec, which was sold to SL Montevideo Technology, Inc. in February 2012.

About Pro-Dex, Inc.:

Pro-Dex, Inc., with operations in California and Oregon, specializes in the design, development and manufacture of powered rotary drive surgical and dental instruments used primarily in the orthopedic, spine, maxocranial facial and dental markets.  Its OMS division designs and manufactures embedded motion control systems serving the medical, dental, semi-conductor and scientific research markets. Pro-Dex's products are found in hospitals, dental offices, medical engineering labs, scientific research facilities and high tech manufacturing operations around the world. For more information, visit the Company's website at www.pro-dex.com.

Statements herein concerning the Company's plans, growth and strategies may include 'forward-looking statements' within the context of the federal securities laws. Statements regarding the Company's future events, developments and future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements within the meaning of these laws. The Company's actual results may differ materially from those suggested as a result of various factors. Interested parties should refer to the disclosure concerning the operational and business concerns of the Company set forth in the Company's filings with the Securities and Exchange Commission.


'/>"/>
SOURCE Pro-Dex, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Pro-Dex, Inc. Partners with UC Irvine School of Engineering
2. Pro-Dex, Inc. Announces Fiscal Third Quarter And Nine-Month Results
3. Pro-Dex, Inc. Announces Fiscal 2013 Third Quarter Financial Results Conference Call and Webcast
4. Pro-Dex, Inc. Appoints Richard Van Kirk Chief Operating Officer
5. Pro-Dex, Inc. Appoints Harold A. Hurwitz Chief Executive Officer
6. Pro-Dex, Inc. And AO Partners Group Jointly Announce Voting Results
7. Pro-Dex, Inc. Announces Fiscal Second Quarter And Six-Month Results
8. Pro-Dex, Inc. Announces Fiscal 2013 First Quarter Results
9. Pro-Dex, Inc. Announces Fiscal 2012 Fourth Quarter And Full-Year Results
10. Pro-Dex, Inc. Announces Fiscal 2012 Fourth Quarter and Full-Year Financial Results Conference Call and Webcast
11. Pro-Dex, Inc. Announces Update Conference Call and Webcast
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/13/2017)... ROCKVILLE, Md. , July 13, 2017  New York ... watchers of pharmaceutical markets should be aware of.  From new ... These trends are detailed in a recently completed study, ... following: 1.  Age-Driven ... years, we have been aware of the impact the growing ...
(Date:7/12/2017)... 2017  Eli Lilly and Company (NYSE: LLY ... to resolve pending patent litigation in the U.S. District Court ... regarding the Cialis ® (tadalafil) unit dose patent. This ... As part of the agreement, Cialis exclusivity is now expected ... "The unit dose patent for Cialis is valid and ...
(Date:7/11/2017)... , July 11, 2017  Bayer has awarded grants ... countries as part of its prestigious Bayer Hemophilia Awards Program ... of Philadelphia and Uniformed Services University ... are among the winners. Grant recipients were announced last night ... Hemostasis (ISTH) 2017 Congress, Berlin, Germany . ...
Breaking Medicine Technology:
(Date:7/20/2017)... ... July 19, 2017 , ... ... a larger audience and increased funds raised to support fine arts programs in ... “Disney Aladdin Kids” in Freed-Hardeman University’s Loyd Auditorium. , More than 850 ...
(Date:7/20/2017)... ... July 19, 2017 , ... Adolfson & ... project manager, Josh Christensen. As a leader in healthcare construction, AP has successfully ... healthcare resume in the Midwest with Josh now on board. , Josh ...
(Date:7/18/2017)... (PRWEB) , ... July 18, 2017 , ... CannaKids, a ... extracted cannabis oils, announced today that at the WORLDZ Summit, taking place in ... speaking on the therapeutic benefits of medical cannabis for both pediatric and adult patients, ...
(Date:7/18/2017)... ... , ... An inventor from Anacortes, Wash., knows the difficulties and indignity of ... flashes, and I suffer from anxiety and vertigo on top of that," she said, ... about." INSTA-FAN meets that need. , This device enables a woman in menopause to ...
(Date:7/17/2017)... ... July 17, 2017 , ... ... and Its Treatments during Pregnancy , studies take a closer look at maternal ... a developing baby with one study showing newer medications may be safer choices. ...
Breaking Medicine News(10 mins):