Printer Friendly
The Free Library
19,585,946 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

American Bio Medica to Supply its Rapid Drug Screen(R) to Oil Industry Client.


KINDERHOOK, N.Y. -- American Bio Medica medica (māˑ·dē·k  Corporation (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
:ABMC ABMC American Battle Monuments Commission
ABMC Alexian Brothers Medical Center (Illinois)
ABMC Aviation Battle Management Concept
ABMC Arrowbear Music Camp (California) 
) today announced that an oil field services company has selected ABMC to be its provider of point of collection drug testing devices 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 . The client has requested that its identity not be disclosed. The client will be using ABMC's Rapid Drug Screen drug test devices along with its Rapid Reader(TM) drug screen interpretation and data management system, to screen its employees for illicit drug illicit drug Street drug, see there  use. They currently employ thousands of people worldwide and intend to perform random, suspicion, and post accident drug testing. E[acute accent acute accent
n.
A mark (´) indicating:
a. that a vowel is close or tense, as é in French été.

b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek.

c.
]ABMC Chief Executive Officer Stan Cipkowski stated, "The fact that this premier company has chosen ABMC to be its supplier of drug testing devices is a credit to the accuracy, reliability and cost effectiveness of our products. They join our growing customer base of global companies that have chosen ABMC's point of collection tests because they are less expensive and faster than traditional laboratory testing as well consistently accurate and easy to use. We expect this trend of major companies converting to ABMC products to continue."

E[acute accent]About American Bio Medica Corporation

E[acute accent]American Bio Medica Corporation is a biotechnology company that develops, manufactures and markets accurate, cost-effective immunoassay Immunoassay

An assay that quantifies antigen or antibody by immunochemical means. The antigen can be a relatively simple substance such as a drug, or a complex one such as a protein or a virus.
 diagnostic test kits, including some of the world's most effective point of collection tests for drugs of abuse. The Company and its worldwide distribution network target the workplace, government, corrections, clinical and educational markets. ABMC's Rapid Drug Screen, Rapid One(R), Rapid TEC(R), RDS (1) (Remote Data Services) A set of programming interfaces from Microsoft that enables users to update data on the Internet or intranets from their ActiveX-enabled browser. (R) InCup(TM) and Rapid TOX TOX Total Organic Halides
TOX Total Organic Halogens
TOX Toxxulia Forest (Everquest)
TOX Thermal Oxide
TOX Tetradichlorooxylene
(TM) products test for the presence or absence of drugs of abuse in urine, while OralStat tests for the presence or absence of drugs of abuse in oral fluids. ABMC's Rapid Reader is a compact, portable device that, when connected to any computer, interprets the results of an ABMC drug screen, and sends the results to a data management system, enabling the test administrator to easily manage their drug testing program.

E[acute accent]This release may contain forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results to differ, and such differences could be material. Such risks and uncertainties include, but are not limited to, the following: continued acceptance of the Company's products, increased levels of competition in our industry, the acceptance of new products, inherent risks associated with product development and intellectual property rights, the Company's dependence on key personnel, third party sales and suppliers. There can be no assurance that the Company will be successful in addressing such risks and uncertainties and the Company assumes no duty to update any forward-looking statements based upon actual results. Investors are strongly encouraged to review the section entitled "Risk Factors" in the Company's annual report on Form 10-KSB for the fiscal year ended December 31, 2004, and quarterly reports on Form 10-QSB on file with the Securities and Exchange Commission for a discussion of risks and uncertainties that could affect operating results and the market price of the Company's common shares
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Sep 14, 2005
Words:507
Previous Article:NanoOpto Appoints Nada O'Brien as Vice President of Product Development; Expansion of Executive Team Supports Product Commercialization and Market...
Next Article:Helicomm Demos Embedded ZigBee-Ready Modules; Modules Accelerate Market for Standards-Based Wireless Products.
Topics:



Related Articles
American Bio Medica Supplying Mexican Army with Drug Testing Products.
ABMC Receives FDA Clearance on Its Rapid Reader; Clearance is the First for an All-Inclusive Drug Screen Interpretation & Data Management System.
American Bio Medica Launches New Rapid TOX Product; Company to Exhibit Product at 2005 American Association of Clinical Chemistry Annual Meeting &...
American Bio Medica is Granted U.S. Patent; Intellectual Property Portfolio Continues to Expand.
ABMC Supplies San Francisco Fire Department With OralStat(R) Saliva Drugs of Abuse Test.
ABMC Reports Third Quarter Results.
American Bio Medica Supplying Another Leading Staffing Agency with ABMC Drug Testing Kits.
American Bio Medica Wins Mexican Army Contract for Third Consecutive Year.
American Bio Medica Supplying Drug Tests to Cabela's(R).
ABMC Signs Purchase Agreement.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles