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Abaxis, Inc. to Present at the Bank of America Merrill Lynch 2012 Health Care Conference

UNION CITY, Calif., May 8, 2012 /PRNewswire/ -- Abaxis, Inc. (NasdaqGS: ABAX), a medical products company manufacturing point-of-care blood analysis systems, announced today that Clint Severson, chairman and chief executive officer, will present at the Bank of America Merrill Lynch 2012 Health Care Conference on Wednesday, May 16, 2012 at 2:20 p.m. PT. The conference will be held at the Encore at the Wynn in Las Vegas, NV.

About Abaxis

Abaxis develops, manufactures, markets and sells 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 animal health and research market a line of hematology instruments for point-of-care complete blood counts (CBC), a specialty instrument to screen for and detect clotting disorders and to measure equine fibrinogen levels, a handheld instrument for the rapid assessment of certain critical care tests and rapid point-of-care tests for Heartworm infections, Parvovirus, Giardia and Lyme disease. Abaxis, through its AVRL division, provides routine laboratory testing as well as specialty testing for veterinarians nationwide.

    Contact: Clint Severson          Lytham Partners, LLC
             Chief Executive Officer Joe Dorame, Joe Diaz &
                                      Robert Blum

             ABAXIS, Inc.            602-889-9700
             510-675-6500

SOURCE Abaxis, Inc.

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