Press Releases

Clinilabs Opens Expanded Facility in NYC

New York, NY – May 31st, 2006 -- Clinilabs, one of the largest sleep labs in New York, has relocated their corporate offices to the west side of midtown NYC, at 423 W. 55th Street. Their new office is in a prime location and currently they occupy an entire floor of 24,400 square feet. Their previous headquarters at 1090 Amsterdam Avenue has been reduced to 6 beds equipped with PSG (polysomnography/sleep studies) equipment and will continue to run sleep studies in this location for now.

The official Grand Opening of the new facility took place on Tuesday, May 31st, 2006. Clinilabs has been recognized by NYC and the Economic Development Corporation of NY (EDC). Because of their outstanding achievements, Mayor Bloomberg attended the open house event yesterday and joined Dr. Zammit, President and CEO of Clinilabs, who had the honor of cutting the ribbon at the ceremony. The facility is currently supplied with 20 state-of-the-art PSG systems supplied exclusively by Grass Technologies of West Warwick, RI. The facility opened Saturday evening with 6 patient beds and as of Tuesday evening 20 patient beds were available for patient monitoring.

The main control room also houses 2 Grass Technologies Score/Review Stations, which collect recorded data from all occupied beds. They also run a number of other systems due to drug company mandates.

Clinilabs has proven to be one of the best sleep research facilities, one of New York’s fast growing companies with over 100 employees and now the largest sleep lab in New York. Clinilabs has also formed a network with existing labs worldwide to obtain widespread research studies. The company was founded five years ago and expects to employ about 140 people by the end of 2007.

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This news release contains forward-looking statements, and actual results may vary from those expressed or implied herein. Factors that could affect these results include those mentioned in Astro-Med's FY2005 annual report and its annual and quarterly filings with the Securities and Exchange Commission.

CONTACT: Astro-Med, Inc.
Everett V. Pizzuti, 401-828-4000

SOURCE: Astro-Med, Inc.


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