UNION CITY, Calif.,
Oct. 23, 2014 /PRNewswire/
-- The Board of Directors of Abaxis, Inc. (NasdaqGS: ABAX),
has declared a cash dividend of $0.10
per common share. The dividend will be payable on
December 16, 2014 to all shareholders
of record at the close of business on November 17, 2014.
Abaxis' previous quarterly dividend of $0.10 per common share was paid on September 17, 2014. Future dividends will
be subject to approval by our Board of Directors.
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, Ehrlichia and Lyme disease. Abaxis,
through its AVRL division, provides routine laboratory testing as
well as specialty testing for veterinarians nationwide. For
more information, visit http://www.abaxis.com.
Contact:
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Abaxis,
Inc.
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Lytham Partners,
LLC
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Clint
Severson
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Joe Dorame, Robert
Blum and Joe Diaz
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Chief Executive
Officer
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602-889-9700
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510-675-6500
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SOURCE Abaxis, Inc.