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Richard L. Van Kirk, Chief Executive Officer (949) 769-3200 For Immediate Release PRO-DEX

Key Takeaway: PRO-DEX, INC. has announced a contract extension with its largest customer, now lasting until December 31, 2028. This amendment adds minimum purchase volumes for the next two calendar years. The CEO highlighted the long-standing relationship of over fifteen years, expressing commitment to delivering long-term value.

Market Sentiment Analysis

POSITIVE FACTORS

  • The contract extension secures business for an additional three years.
  • This amendment demonstrates over fifteen years of collaboration with a key customer.
  • It positions the company for continued revenue growth during this extension.

Full Press Release Details

Contact: Richard L. Van Kirk, Chief
PRO-DEX, INC. ANNOUNCES CONTRACT EXTENSION
WITH LARGEST CUSTOMER
CA, December 19, 2025 - PRO-DEX, INC. (NasdaqCM: PDEX) today announced that on December 17, 2025,
it executed a contract amendment with its largest customer for an additional three years. The contract, which was scheduled to terminate
on December 31, 2025, has now been extended through December 31, 2028. The contract also contains minimum purchase volumes for each of
the 2026 and 2027 calendar years.
are pleased to secure the business of our largest customer for an additional three years," said Richard L. ("Rick") Van
Kirk, the Company's President and Chief Executive Officer. "This amendment will culminate in more than fifteen years of collaboration
with this customer and positions us for continued revenue growth. We are committed to delivering long-term value to all of our customers,
many of whom we have been serving for over a decade."
specializes in the design, development, and manufacture of autoclavable, battery-powered and electric, multi-function surgical drivers
and shavers used primarily in the orthopedic, thoracic, and maxocranial facial markets. We have patented adoptive torque-limiting
software and proprietary sealing solutions that appeal to our customers, primarily medical device distributors. Additionally, we provide
engineering, quality, and regulatory consulting services to our customers. We also manufacture and sell rotary air motors to a wide range
of industries; however, these motors comprise a de minimis portion of our business. For more information, visit the Company's website
herein concerning the Company's plans, growth and strategies may include 'forward-looking statements' within the context of the federal
securities laws. Statements regarding the Company's future events, developments and future performance, as well as management's expectations,
beliefs, plans, estimates or projections relating to the future, are forward-looking statements within the meaning of these laws. The
Company's actual results may differ materially from those suggested as a result of various factors. Interested parties should refer to
the disclosure concerning the operational and business concerns of the Company set forth in the Company's filings with the Securities
and Exchange Commission.

Frequently Asked Questions

What recent contract extension did Pro-Dex announce?

Pro-Dex announced a three-year extension of its contract with its largest customer.

How long will the new contract with the largest customer last?

The amended contract will last until December 31, 2028.

What is Pro-Dex's expertise in manufacturing?

Pro-Dex specializes in autoclavable surgical drivers and shavers for medical markets.

What additional services does Pro-Dex provide?

Pro-Dex offers engineering, quality, and regulatory consulting services.

Who is the CEO of Pro-Dex?

Richard L. Van Kirk is the President and CEO of Pro-Dex.

Last updated: Dec 19, 2025