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The US heartworm market is believed to begreater than $70 million per year. The VetScan VSpro Coagulation Analyzer will allow veterinarians to evaluate PTand aPTT results using a state-of-the-art, in-house / point of caretechnology. The analyzer will be used in combination with a sophisticated,micro-fluidic technology based cartridge that contains all the reagentsnecessary to perform PT and aPTT testing. The VetScan VSpro can be combinedwith the Abaxis VetScan Chemistry and VetScan Hematology instruments toprovide veterinarians with a complete clinical picture for critically illpatients, pre-surgical work-ups and for routine wellness exams. In this challenging economic environment, themarketplace will be looking to decrease costs and add efficiencies, one of thecore strengths of the Abaxis product line." Michael Solomon, Director ofBusiness Development added, "The addition of our first rapid diagnosticproduct along with an innovative micro-fluidic technology for coagulationtesting further strengthens the current Abaxis product portfolio whilecreating the opportunity for future products and accelerated growth."About Abaxis, Inc.Abaxis develops, manufactures and markets portable blood analysis systems foruse in any veterinary or human patient-care setting to provide clinicians tickets for Jersey Boys withrapid blood constituent measurements.The system consists of a compact, 5.1kilogram Sade tickets (11.2 pounds), portable analyzer and a series of single-use plasticdiscs, called reagent discs that contain all the chemicals required to performa panel of up to 13 tests on veterinary patients and 14 tests on humanpatients.The system can be operated with minimal training and performsmultiple routine tests on whole blood, serum or plasma samples.The systemprovides test results in less than 12 minutes with the precision and accuracyequivalent to a clinical laboratory analyzer.The veterinary business alsoprovides to the veterinarian and research market a line of hematologyinstruments for point of care complete blood counts (CBC).

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This press release includes statements that constitute "forward-lookingstatements" within the meaning of the Private Securities Litigation Reform Actof 1995. Abaxis claims tickets for Sade the protection of the safe-harbor for forward-lookingstatements contained in the Reform Act. Specific forward-looking statementscontained in this press release include, but are not limited to, risks Jersey Boys tickets anduncertainties related to the market acceptance of the Company's products andthe continuing development of its products, risks associated withmanufacturing and distributing its products on a commercial scale, risksassociated with entering the human diagnostic market on a larger scale, risksinvolved in carrying of inventory, risks from unexpected problems or delays inthe Company's manufacturing facility, risks associated with the ability toattract and retain competent sales personnel, general market conditions,competition, risks and uncertainties related to its ability to raise capitalin order to fund its operations and other risks detailed from time to time inAbaxis' periodic reports filed with the United States Securities and ExchangeCommission. Abaxis does not undertake and specifically disclaims Jersey Boys ticket any obligationto update any forward-looking statements.

602-889-9700510-675-6500SOURCEAbaxis, Inc.Clint Sade Severson, Chief Executive Officer of Abaxis, Inc., 1-510-675-6500; orJoe Dorame, or Robert Blum, or Joe Diaz, all of Lytham Partners, LLC,1-602-889-9700. Fourth-Quarter Net Loss of $1.79 BillionCHARLOTTE, N.C., Jan. 16 /PRNewswire-FirstCall/ Bank of AmericaCorporation today reported full-year 2008 profit of $4.01 billion comparedwith net income of $14.98 billion a year earlier.(Logo: http:// )Earnings after preferred Lil Wayne dividends and available to common shareholderswere $2.56 Sade ticket billion, or $0.55 per diluted share, down from $14.80 billion, or$3.30 per share.In the fourth quarter of 2008, the company had a net loss of $1.79 billioncompared with net income of $268 million a year earlier. Results include Countrywide Financial, which Bank of Americapurchased on July 1, but not Merrill Lynch & Co., Inc., which was acquired Lil Wayne tickets onJanuary 1, 2009.Fourth quarter results were driven by escalating credit tickets for Lil Wayne costs, includingadditions to reserves, and significant writedowns and trading losses in thecapital markets businesses. Negative results in Capital Markets Lil Wayne ticket andAdvisory Services Jersey Boys masked the profitability in Business Lending and TreasuryServices within Global Corporate and Investment Banking.Bank of America ended 2008 with a Tier 1 capital ratio of 9.15 percent.Merrill Lynch preliminary results indicate a fourth-quarter net loss of$15.31 billion, or $9.62 per diluted share, driven by severe capital marketsdislocations.