ABAX Abaxis, Inc. (delisted)

ABAXIS to Present at the Banc of America Securities Health Care Conference 2005 UNION CITY, Calif., May 12 /PRNewswire-FirstCall/ -- Abaxis, Inc. (NASDAQ:ABAX), a medical products company manufacturing point-of-care blood analysis systems, announced today that Clint Severson, Chief Executive Officer, will present at the Banc of America Securities Health Care Conference 2005 on Thursday, May 19, 2005 at 8:40 a.m. PT (11:40 a.m. ET) at The Four Seasons Hotel in Las Vegas, Nevada. Interested investors are invited to listen to a live audio Web cast of the company's presentation by logging onto: http://www.veracast.com/webcasts/bas/healthcare05/id74302675.cfm. Replays will be available starting approximately three hours after the initial presentation and will remain accessible through June 3, 2005. About ABAXIS 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, 6.9 kilogram (15 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 14 minutes with the precision and accuracy equivalent to a clinical laboratory analyzer. Contact: Clint Severson Chief Executive Officer ABAXIS, Inc. 510-675-6500 The RCG Group Joe Dorame, Joe Diaz or Robert Blum 480-675-0400 DATASOURCE: ABAXIS, Inc. CONTACT: Clint Severson, Chief Executive Officer of ABAXIS, Inc., +1-510-675-6500; or Joe Dorame, or Joe Diaz, or Robert Blum, all of The RCG Group, +1-480-675-0400, for ABAXIS, Inc.

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