REPEAT/Patton Haltom Announces Class Action Suit against Abatix Corporation and Its CEO.

Business Editors/Legal Writers

REPEATING...

TEXARKANA, Texas--(BUSINESS WIRE)--June 10, 2004

A class action lawsuit was filed in the Eastern District of Texas, Texarkana Division on May 21, 2004, on behalf of purchasers of the securities of Abatix Corporation ("Abatix" or the "Company") (Nasdaq:ABIX) between 5:05 p.m. EST on April 14, 2004 and 9:26 a.m. EST on April 16, 2004, inclusive (the "Class Period"). Plaintiff in this action seeks to recover damages on behalf of class members and is represented by the law firms of Kaplan, Fox & Kilsheimer, LLP, Nix, Patterson & Roach, LLP and Patton, Haltom, Roberts, McWilliams & Greer, LLP.

The Complaint, filed in case number 5:04-CV-116, alleges that as a result of the announcement on April 14, 2004, at 5:05 p.m. EST, that Abatix had entered into an agreement with Goodwin Group LLC ("Goodwin LLC") for the exclusive rights to distribute Goodwin LLC's RapidCool(TM) line of products worldwide, the price of Abatix common stock skyrocketed from $5.31 to $16.70. However, the NASDAQ Stock Market halted the trading of Abatix common stock as of 9:26 a.m. EST on April 16, 2004, while NASDAQ investigated Abatix's agreement with Goodwin LLC.

On April 21, 2004, Abatix issued a press release at 8:24 a.m. EST. In the press release, Abatix disclosed that Abatix had not verified (i) the proprietary nature of the products in the RapidCool(TM) line; (ii) whether any patents relating to RapidCool(TM) products in the name of another party have been assigned to Goodwin LLC and (iii) whether any patent applications had been filed with respect to the product line. Claims in the April 14, 2004 release as to the efficacy and uniqueness of the products were based on representations made by Goodwin LLC and had not been verified by Abatix. Prior to its agreement with Goodwin LLC, the Company was able to perform only limited due diligence and had not been able to perform an in-depth analysis of the sales potential of the products, pricing, marketing strategy, and competitive products. As of April 14, 2004, there had been no sales of the product by either Abatix or by Goodwin LLC. Therefore, on April 21, 2004, once trading of Abatix stock resumed, the price of Abatix stock plummeted from $16.70 per share to close at $9.77.

If you are a member of the proposed Class, you may move the Court no later than June 22, 2004 to serve as a lead plaintiff for the Class. You need not seek to become a lead plaintiff in order to share in any recovery.

If you have any questions about this Notice, the action, your rights, or your interests please contact Patton, Haltom, Roberts, McWilliams & Greer, LLP at the following address:

Patton, Haltom, Roberts, McWilliams & Greer, LLP

Century Bank Plaza - Suite 400

2900 St. Michael Drive

Texarkana, Texas 75503

Tel. No. 1-866-546-9959 x404 (Toll Free)

e-mail: [e-mail]