Abaxis completes final phase of pre-launch activities for international distribution of Piccolo System.SUNNYVALE, Calif.--(HealthWire)--March 14, 1996--ABAXIS Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on NM:ABAX ABAX Abaxial ), a medical products company, Thursday completed an extensive training seminar for its newly established, international distributor force, marking the final phase of pre-launch activities for international distribution of the Piccolo piccolo, small transverse flute pitched an octave higher than the standard flute. Its tone is bright and shrill, and it can produce the highest notes in the orchestral range. The piccolo is used in orchestras and especially in military bands. See fife. Portable Blood Analyzer. Some systems already have been shipped to certain distributors in anticipation of future roll-out of Piccolo into targeted international markets. Approximately 24 representatives from ABAXIS' international distributors attended the three day intensive training program at the company's Sunnyvale headquarters. The program reviewed and established marketing strategies in various countries and provided technical training on the construction and operation of the Piccolo System. ABAXIS will initiate a similar program for its domestic sales force, and a separate program for select Baxter Healthcare representatives. Baxter Healthcare is the first national distributor for the Piccolo System in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . "It is critical that our distributors are properly armed with the necessary tools and direction to ensure a smooth and effective roll-out of the Piccolo System," said Gary Stroy, president and chief executive officer of ABAXIS. "These training sessions will enable us to build momentum and teamwork among our distributors and provide a forum to evaluate our marketing strategies." In preparation for introduction to the international human health care market, the initial pre-launch phase consisted of establishing a solid distribution network, which to date includes 15 distributors covering different market segments in Asia, Europe, South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. and South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. . Phase two involved shipping product, instruments and reagent discs, to distributors to conduct test marketing trials and small clinical evaluation clinical evaluation Medtalk An evaluation of whether a Pt has symptoms of a disease, is responding to treatment, or is having adverse reactions to therapy studies to build awareness of the product and an initial following among opinion leaders in the medical community in certain countries. The final pre-launch activity consists of training the worldwide distribution network to affectively sell and distribute the product. 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: ABAXIS Inc., Sunnyvale Ting Lu, 408/745-6851 or Pondel Parsons & 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 |
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