UNION CITY, Calif., May 16, 2011 /PRNewswire/ — Abaxis, Inc.
(NasdaqGS: ABAX), a medical products company manufacturing
point-of-care blood analysis systems, today announced the Company
was awarded the Presidential “E” Award for Exports by U.S.
Department of Commerce Secretary Gary Locke at the Department’s
headquarters in Washington, D.C. The “E” Awards are the
highest recognition any U.S. entity may receive for making a
significant contribution to the expansion of U.S. exports.
“Exporting continues to be a significant part of our sales
growth and we are honored to receive the “E” Award,” said Clint
Severson, chairman and chief executive officer of Abaxis. Since
2006, which encompasses one of the most challenging macro-economic
periods in the history of the United States, Abaxis’ annual exports
have grown at a compounded rate of 21 percent.
Abaxis, Inc. is a Union City, California developer, manufacturer
and marketer of portable blood chemistry analyzers for use in the
human healthcare and veterinary markets to provide clinicians with
rapid blood constituent measurements. Abaxis provides
leading-edge technology, tools and services that support best
medical practices, enabling physicians and veterinarians to respond
to the health needs of their clients at the point-of-care while
operating economical and profitable practices.
“Exports are a key driver of America’s economic recovery,” said
Secretary of Commerce Gary Locke. “President Obama’s National
Export Initiative (NEI), which aims to double U.S. exports by 2015
in support of several million American jobs, is a robust,
forward-looking trade agenda with an emphasis on domestic job
growth. Abaxis, Inc. is being honored today for making
significant contributions toward fulfilling that agenda.”
“I congratulate you on your significant export achievement. It
is businesses like yours that will help us meet or exceed the
President’s NEI goals. Your firm provides an