Ronald G. Coss, Chairman of the Board of Pro-Dex commented, "Mr. Johnson has done an outstanding job re-organizing Micro Motors and returning it to profitability. He has assembled a talented management team and fully implemented a new strategic direction for Micro Motors, making him the ideal candidate to lead the entire Company in the role of President and CEO. Patrick has proven that his focus is on core business fundamentals, while creating real value for the Company's shareholders." Mr. Johnson will continue to perform his duties as President of Micro Motors, while assuming the new responsibilities of President and CEO of Pro-Dex.

While departing to pursue other personal interests, Frank Zagar, interim President and CEO, successfully completed the tasks of reorganizing the Company, relocating the Company's offices from Colorado to California, brought closure to the divestiture of the Biotrol and Challenge subsidiaries and expertly restructured the on-going affairs of the Company. Commenting on the appointment of Patrick Johnson, Mr. Zagar remarked, "Patrick is a true performer with a cognitive approach to business. Pro-Dex's future is indeed promising in the capable hands of Patrick Johnson."

With Mr. Johnson's recent appointment, all Pro-Dex management functions are now being carried out by subsidiary staff members, eliminating stand-alone corporate parent management positions and related expenses. Earlier in the year, Micro Motor's Controller, Jeff Ritchey, was appointed CFO and Treasurer of Pro-Dex. Mr. Johnson stated, "We made tremendous strides in `leaning out' the entire organization and getting the most out of everyone's contribution to the Company's performance. The steps we have taken in consolidating corporate functions we believe will result in a savings of more than a $1 million in the current fiscal year."

Patrick Johnson, 41, joined Micro Motors in March of 2000 as Vice President and General Manager and was named as President of the subsidiary in July 2001. From 1997-2000 he served as Divisional General Manager of Analytic Endodontics, a division of Sybron Dental Specialties (NYSE:SYB - News), specializing in the sale of endodontic products to dental professionals. Previously, he was employed in senior management positions with Tycom Dental Corporation, Dabico Incorporated and Markland Industries -- all located in Orange County, California.

Jeff Ritchey, 39, joined Micro Motors in August 2001 as Controller. From 1997-2001 he served as the Worldwide Sales Controller and Finance Director for Tycom Corporation, a leading precision cutting tool manufacturer for the circuit board industry. Previously, he was at various corporate and operational units of GM Hughes Electronics including Manager of Corporate Financial Planning, Treasury Associate, and Finance Manager of DIRECTV International, and Finance Manager of Commercial Business Development-Satellite Sales. Prior to that, he was employed in Finance and Accounting positions with Trident Data Systems and Coca-Cola in Tucson, Arizona.

Jeff received Bachelor of Science degrees in Finance and Economics and a Masters of Science in Finance from the University of Arizona and is a Chartered Financial Analyst.

Pro-Dex, Inc., is a California-based holding company with the following wholly-owned operating subsidiaries: Micro Motors, Inc., located in Santa Ana, California, manufactures miniature electric, pneumatic and battery powered rotary drive systems for use in the high tech medical, dental and industrial industries; and Oregon Micro Systems, Inc., located in Beaverton, Oregon, manufactures motion control products used in factory automation and the semiconductor industries.

For more information, visit the Company's 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:

     Pro-Dex, Inc.
     Patrick Johnson, President & CEO
     714/241-4411
     or
     Kehoe, White & Co., Inc.
     Jim White, Investor Relations
     562/437-0655