March 20, 2002
For Immediate Release
Pro-Dex, Inc.
(714) 241-4411
Pro-Dex,
Inc. Micro Motors Division Selected as a 2002 Medical Design Excellence Award
Winner
SANTA ANA, Calif.--(BUSINESS WIRE)--March 20,
2002--PRO-DEX, INC. (NASDAQ:
PDEX -
news) today
announced that its Micro Motors, Inc. division had been
selected as a 2002 Medical Design Excellence Award (MDEA)
winner.
Micro Motors was named a MDEA winner in the category of
Dental Instruments, Equipment and Supplies and involves the
Company's revolutionary product, HealOzone TEC3, designed and
manufactured exclusively for Curozone USA, Inc. The HealOzone
TEC3 treats dental caries with a 10-second ozone application,
eliminating conventional drill-and-fill treatment, reducing
the time patients spend in the dentist's chair from
approximately 60 minutes to 10 minutes while allowing dental
caries to reverse naturally through re-mineralization.
Patrick L. Johnson, Divisional President of Micro Motors,
Inc. stated, ``Winning a Medical Design Excellence Award is
truly an extraordinary accomplishment for our team at Micro
Motors. Over the course of the last two years, we have spent
an enormous amount of time and energy refocusing the Company.
We redefined the strategic intent of Micro Motors and this
award is a significant indicator that we have been successful
in these efforts. Micro Motors and Curozone USA, Inc.
converted a provocative body of clinical research and a
concept for a revolutionary medical device into a fully
marketable product. We believe that the HealOzone will
radically change the composition of professional dental care
and we are proud to be a driving force behind it.''
The Medical Design Excellence Awards Ceremony, where the
Company's winning status will be announced, will be held
during the Medical Design & Manufacturing (MD&M) East 2002
Conference and Exposition, June 5, 2002 at the Jacob K. Javits
Convention Center in New York City.
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.pro-dex.com
Statements herein concerning the Company's plans, growth
and strategies may include 'forward-looking statements' within
the context of the federal securities laws. Statements
regarding the Company's future events, developments and future
performance, as well as management's expectations, beliefs,
plans, estimates or projections relating to the future, are
forward-looking statements within the meaning of these laws.
The Company's actual results may differ materially from those
suggested as a result of various factors. Interested parties
should refer to the disclosure concerning the operational and
business concerns of the Company set forth in the Company's
filings with the Securities and Exchange Commission.
Contact:
Micro Motors, Inc.
Patrick Johnson, President
(714) 546-4045
www.micromotorsinc.com
or
Frank Zagar, President & CEO
George Isaac, V.P. & CFO
(714) 241-4411
or
Jim White, Investor Relations
Kehoe, White & Co., Inc.
(562) 437-0655
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