Barringer Announces DRUGALERT Distribution Agreement With Unilabs Holdings S.A. Affiliate.NEW PROVIDENCE, N.J.--(BUSINESS WIRE)--Nov. 27, 1995--Barringer Technologies 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 : BARR BARR Board on Agriculture and Renewable Resources (Washington, DC, USA) BARR Bureau of Aeronautics Resident Representative , BARRW) today announced that its wholly-owned subsidiary, Barringer Consumer Products LLC, has entered into a contract for European distribution of the Barringer DRUGALERT System with Drug Alert Ltd. ("DAL"), located in London, England. DAL is founded jointly by Unilabs Holdings S.A., a publicly traded NASDAQ company, and S.I.P. Services International Ltd., ("SIP") a leading European security firm. The Unilabs group is the largest provider of medical laboratory services in Europe. DAL will market DRUGALERT in the United Kingdom, Spain and Switzerland and has the option to expand to certain other European and Asian countries. Barringer will lease an IONSCAN testing station to DAL who will perform the analytical testing through arrangement with Unilabs Holdings S.A. in the U.K.. In addition, Barringer will provide all the sample collectors for inclusion in the DRUGALERT System to be sold by DAL. DAL will provide analytical services for product sales made in Italy and France through distributors already in place in those countries. DRUGALERT, first introduced in March 1995, is an in-home drug detection kit that was the subject of widespread publicity in major newspapers, cable and television networks around the world. Based on technology employed by law enforcement agencies A law enforcement agency (LEA) is a term used to describe any agency which enforces the law. This may be a local or state police, federal agencies such as the Federal Bureau of Investigation (FBI) or the Drug Enforcement Administration (DEA). worldwide for the interdiction INTERDICTION, civil law. A legal restraint upon a person incapable of managing his estate, because of mental incapacity, from signing any deed or doing any act to his own prejudice, without the consent of his curator or interdictor. 2. of drugs, the product detects microscopic amounts of cocaine, crack cocaine, heroin, methamphetamine, marijuana, LSD LSD or lysergic acid diethylamide (lī'sûr`jĭk, dī'ĕth`ələmĭd, dī'ĕthəlăm`ĭd), alkaloid synthesized from lysergic acid, which is found in the fungus ergot ( and PCP PCP abbr. 1. phencyclidine 2. primary care physician Pneumocystis carinii pneumonia (PCP) and their derivatives. It contains a pre-moistened sample collector which gathers minute drug traces virtually always present on surfaces when someone has handled drugs. The sample collector is returned to the laboratory for analysis and reporting. Stanley Binder, President and Chief Executive Officer of Barringer, noted, "We are pleased to have DAL for our European partner for DRUGALERT. The marriage of Unilabs and SIP joins the best in technical expertise with outstanding marketing capability." Headquartered in New Providence, N.J., Barringer Technologies Inc. is a holding company with three operating groups. Barringer Instruments develops, manufactures and markets specialty analytical instruments for drugs and explosives detection, exploration and environmental monitoring applications. Barringer Consumer Products markets a drug and identification system for in-home testing. Barringer Laboratories Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BALB BALB Bagg Albino (inbred research mouse strain) ), 47% owned, provides analytical services for the environmental and minerals industries. CONTACT: Barringer Technologies Inc. Stanley Binder or Richard Rosenfeld, 908/665-8200 |
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