January 24, 2002
For Immediate Release
Pro-Dex, Inc.
(303) 443-6136
Pro-Dex,
Inc. Announces Major Design Award From Lab Vision
SANTA ANA, Calif.--(BUSINESS WIRE)--Jan. 24, 2002--PRO-DEX, INC.
(NASDAQ: PDEX - news)
today announced that Oregon Micro Systems a subsidiary of Pro-Dex has achieved
a major design win for Lab Visions' newest automated immunohistochemical stainer.
This represents a major achievement for Oregon Micro Systems goal of expanding
its market presence within the biomedical market place. Two different Oregon
Micro Systems controller platforms now provide precision multi-axis motion control
for both of Lab Visions' biomedical patented Autostainer(TM) product lines.
Lab Vision is affiliated with Richard-Allan Scientific Company, a subsidiary
of Apogent Technologies-NYSE:AOT.
Pro-Dex, Inc., is a holding company with the following wholly-owned
subsidiaries: Micro Motors, Inc., located in Santa Ana, California, designs,
develops and manufactures electric and pneumatic (air) powered drive systems
for applications in the medical, dental and industrial markets; Oregon Micro
Systems, Inc., located in Beaverton, Oregon, designs and manufactures motion
control products for applications in factory automation, semi conductor manufacturing
and medical devices. To learn more, please visit our Website at www.pdex.com.
Except for the historical information contained herein, the matters
discussed in this release are forward looking statements that involve risks
and uncertainties that could cause actual results to differ materially from
those projected. These include the timely development and acceptance of new
products, the impact of competitive products and pricing, and other risks detailed
frequently in Pro-Dex's SEC reports, including the report on Form 10-KSB for
the year ended June 30, 2001.
Contact:
Pro-Dex, Inc.
Frank Zagar, President & CEO
George Isaac, V.P. & CFO
714/241-4411
or
Gary Garleb, President
Oregon Micro Systems
800/707-8111
http://www.omsmotion.com
or
Jim White, Investor Relations
Kehoe, White & Co., Inc.
562/437-0655 |