ABAXIS announces management change.SUNNYVALE, Calif.--(BUSINESS WIRE)--Sept. 6, 1996--ABAXIS, Inc. (Nasdaq NM:ABAX ABAX Abaxial ), a medical products company, Friday announced Mark Wank has resigned from his position as vice president, Sales and Marketing, North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. to pursue other interests. Effective immediately, Clint H. Severson, ABAXIS' president and chief executive officer, assisted by other members of the management team, will assume responsibilities for all sales and marketing activities until ABAXIS appoints a successor. "I welcome this opportunity to roll up my sleeves and work more directly with our marketing and sales staff," said Severson. "Our initial goal will be to focus on those market segments where demand for our products allows us the best return on our investments." Severson has first-hand experience and expertise directing a sales and marketing organization. He has 23 years experience in the in vitro in vitro /in vi·tro/ (in ve´tro) [L.] within a glass; observable in a test tube; in an artificial environment. in vi·tro adj. In an artificial environment outside a living organism. diagnostic industry, 13 of which were directly involved in sales and marketing. Founded in 1989, ABAXIS develops, manufactures, and markets portable blood analysis systems for use in any patient-care setting to provide clinicians with rapid blood constituent measurements. The system consists of a compact, 6.9 kilogram kilogram, abbr. kg, fundamental unit of mass in the metric system, defined as the mass of the International Prototype Kilogram, a platinum-iridium cylinder kept at Sèvres, France, near Paris. , portable analyzer and a series of 8 cm diameter single-use plastic disks, called reagent discs, that contain all the reagents necessary to perform a fixed menu of tests. The system can be operated with minimal training and perform multiple routine tests on whole blood using either venous or fingerstick samples. The system provides test results in less than 14 minutes with the precision and accuracy equivalent to a clinical laboratory. CONTACT: Pondel Parsons Parsons, city (1990 pop. 11,924), Labette co., SE Kans.; inc. 1871. It is a shipping point for dairy products, grain, and livestock. Manufactures include ammunition, wire and paper products, plastics, and appliances. & Wilkinson Rob Whetstone whetstone, natural or manufactured stone used as an abrasive solid to sharpen tools. It is used dry, with water, or with oil. Such a stone of the finer grade used with oil is usually called an oilstone. 310/207-9300 Internet: investor@pondel.com or ABAXIS, Inc. Ting Lu Chief Financial Officer/V.P. Finance & Admin. 408/745-6851 |
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