Avitar to Present at Wall Street Analyst Forum

- CEO Peter P. Phildius to Speak With Analysts, Portfolio Managers -

May 30, 2001

CANTON, Mass., May 30 /PRNewswire/ -- Avitar, Inc. (Amex: - news) announced today that it will make a presentation to analysts and portfolio managers at the Wall Street Analyst Forum in New York on Monday, June 4 at 8 a.m. ET.

During the Forum, Peter P. Phildius, Avitar's Chairman and Chief Executive Officer will provide a corporate overview and discuss the company's strategy and vision.

Avitar will be one of approximately 100 public companies presenting to over 800 analysts and portfolio managers in attendance, as well as thousands of additional investors who listen and view the presentations online during the webcast.

Members of the investment community interested in listening to the Avitar presentation can do so by logging onto Avitar's website at avitarinc.com , and following the links to the Forum. Analysts and Portfolio Managers are welcome to attend the presentation live at The Roosevelt Hotel at Madison Avenue and 45th Street in New York.

ABOUT AVITAR

Avitar, Inc. (Amex: - news) headquartered in Canton, Massachusetts, develops, manufactures and markets innovative medical devices based on proprietary core technologies for two distinctive markets: oral fluid diagnostics and customized polyurethane applications used in the wound dressing industry. Oral fluid diagnostics includes both the drugs-of-abuse testing market estimated to be worth $1.5 billion encompassing the corporate workplace and criminal justice markets and the $20 billion clinical diagnostics market. Avitar's products include ORALscreen(TM), the world's first non-invasive, rapid, onsite oral fluid test for drugs-of-abuse, and HAIRscreen(TM) a laboratory based hair test for detecting long-term drug abuse. Additionally, the company manufactures and markets HYDRASORB(TM), an absorbent topical dressing for moderate to heavy exudating wounds. In 2001, the company formed strategic partnerships with DIPRO Diagnostic Products GmbH, Pinkerton Security Group, and also acquired Texas-based BJR Security Service, a provider of canines trained to detect narcotics, explosives and firearms for markets that include education and the oil and petroleum industry.

For more information, see Avitar's website at avitarinc.com .

This release contains forward-looking statements that are subject to risks and uncertainties including the development and marketing of new applications and other risks that are detailed from time to time in the Company's filings with the Securities and Exchange Commission.