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PYXIS CORP. FILES FOR PUBLIC OFFERING BY SELLING SHAREHOLDERS

 SAN DIEGO, Nov. 25 ~PRNewswire~ -- Pyxis Corp. (NASDAQ-NMS: PYXS) today announced that it has filed a registration statement with the Securities and Exchange Commission (SEC) related to a firm commitment public offering by existing stockholders. The selling stockholders will offer 3 million shares of common stock, with an additional 450,000 shares subject to an over-allotment option.
 Merrill Lynch & Co. and Donaldson, Lufkin and Jenrette Securities Corp. are co-managing the offering, which is expected to be completed by Jan. 31, 1993. Members of the executive management of Pyxis will not participate in the offering as sellers, and none of the proceeds of the offering will be received by the company.
 All shares to be offered by the selling stockholders are currently restricted from sale by means of a market stand-off agreement. The proposed offering is intended to facilitate the distribution of this stock into the public market.
 A registration statement relating to these securities was filed with the SEC but has yet to become effective. These securities may not be sold, nor may offers to buy be accepted prior to the time the registration statement becomes effective.
 This statement shall not constitute an offer to sell or the solicitation of an offer to buy. Additionally, there shall not be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 Pyxis designs, manufactures, markets and services unique, point- of-use systems which automate the distribution, management and control of medications and supplies in hospitals.
 -0- 11~25~92
 ~CONTACT: Nadine Padilla of Pyxis, 619-625-6450~
 (PYXS)


CO: Pyxis Corp. ST: California IN: HEA SU: OFR

JB-LS -- SD003 -- 1376 11~25~92 08:30 EST
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Publication:PR Newswire
Date:Nov 25, 1992
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