CANTON, Mass., January 25, 2005 –Avitar, Inc. (Amex: AVR - News), the company that developed the world’s first on-site oral test for drugs-of-abuse, today announced that the Government of Egypt has approved its ORALScreen® oral fluid-based drug testing products for sale.
"Acceptance by the Government of Egypt, a country with a population of over 75 million, demonstrates the tremendous worldwide market potential for saliva-based drug testing products," notes Pete Phildius, Avitar’s CEO. "We’re confident that our position as the quality and performance leader in oral-based testing solutions continues to differentiate Avitar from our competitors and play a very important role in our future growth."
The Government of Egypt, including the Ministry of Health, and the Ministry of Trade have approved the sale of Avitar products, including OralScreen disposable tests for illicit drugs, and Avitar’s OSR handheld electronic reader.
Avitar’s business partner in Egypt, EICEP, a distribution firm with international reach, has signed an agreement with a reseller in the Middle East with over thirty (30) sales locations across Egypt and thirteen (13) additional offices throughout multiple Arab Countries.
Avitar, Inc. develops, manufactures and markets innovative and proprietary products for the oral fluid diagnostic market as well as medical grade polyurethane foam. Oral fluid diagnostics includes the estimated $1.5 billion drugs-of-abuse testing market. Avitar's products include ORALscreen® the world's first non-invasive, rapid, on-site oral fluid test for drugs-of-abuse. Additionally, Avitar manufactures and markets HYDRASORB® an absorbent topical dressing for the wound care. For more information, see Avitar's website at https://avitarinc.com.
The Egyptian International Company for Environmental Protection (EICEP) is a multi-disciplinary technical services and consulting firm. EICEP is a leader in exploring new ideas, investing in advanced technologies, taking responsibility for the environment and harnessing innovation for a competitive advantage.
Safe Harbor Statement. 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. In view of such risks and uncertainties, the Company's actual results could differ materially from those anticipated in such forward looking statements.
VP of Marketing
Avitar Technologies, Inc.