ABMC Wins New Corrections Accounts; Missouri, Hawaii Join Growing List of Criminal Justice Customers.Business, Legal and Health Editors KINDERHOOK, N.Y.--(BUSINESS WIRE)--Dec. 19, 2001 American Bio Medica medica (māˑ·dē·k Corporation (Nasdaq:ABMC ABMC American Battle Monuments Commission ABMC Alexian Brothers Medical Center (Illinois) ABMC Aviation Battle Management Concept ABMC Arrowbear Music Camp (California) ) announced that it has won two key criminal justice accounts this week: the Missouri Department of Corrections awarded ABMC its bid for oral fluids testing; and the Hawaii Department of Public Safety contracted with ABMC for on-site drug testing devices. The Missouri award is the most notable state contract for ABMC's recently introduced OralStat6(TM), an on-site drug test capable of detecting illicit drug illicit drug Street drug, see there traces in saliva samples within minutes. The Hawaii prison system joined a growing list of criminal justice agencies in Hawaii as recent ABMC customers. Others include Hawaii Adult Probation, Hawaii Paroling Authority, and the Juvenile, Family, and Adult Drug Courts. "We have made a strategic focus on growing our criminal justice business, and our sales efforts are yielding the results we had hoped for," said acting ABMC CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Gerald Moore
About American Bio Medica Corporation American Bio Medica Corporation develops, manufactures and markets inexpensive, accurate, on-site drugs-of-abuse diagnostic kits, sprays and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services worldwide. The company's global distributors target the workplace, physicians, corrections, clinical, and educational markets. ABMC's Rapid Drug Screen(R) and OralStat6(TM) test for the presence or absence of drugs of abuse in urine and saliva, respectively, while its Drug Detector(TM) identifies minute traces of illegal drugs on surfaces. ABMC was recently listed among the top ten biotechnology companies on the Deloitte & Touche 2001 Technology Fast 500, a ranking of the fastest growing companies in North America. Forward-looking statements in this release are made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that such forward-looking statements involve risk and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, intellectual property rights and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. |
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