Sharps Compliance Corp. Announces Purchase of Medical Waste Disposal Facility and Addition of Autoclave ...( - Increases medical waste disposal c...)

- Increases medical waste disposal capacity and capabilities to facilitate

growth plans

- New state-of-the-art autoclave technology provides environmentally

friendly operation - With the addition of the autoclave, one of approximately ten permitted commercial disposal facilities in the country capable of treating all types

of medical waste

- Opportunity for additional revenue streams

- Expanding ability to dispose of unused medications and expired

pharmaceutical waste, including controlled substances

HOUSTON, Jan. 23 /PRNewswire-FirstCall/ -- Sharps Compliance Corp. (OTC Bulletin Board: SCOM) ("Sharps" or the "Company"), leading providers of cost-effective disposal solutions for small quantity generators of medical waste, announced the purchase of its currently leased disposal facility in Carthage, Texas. The purchase includes an incinerator with a maximum capacity of thirty (30) tons per day, a 12,000 square foot building and 4.5 acres of land. The Company, through a subsidiary, has leased the facility since June of 2000. The facility is currently permitted to treat eleven (11) tons per day of waste.

Additionally, the Company has executed a purchase order for a state-of-the-art autoclave system and technology capable of treating up to seven (7) tons per day of medical waste at the same facility. Autoclaving is a process that treats medical waste with steam at high temperature and pressure to kill pathogens. An autoclave is environmentally cleaner and is a less costly method of treating most medical waste versus traditional incineration.

The new autoclave is capable of treating not only the Sharps Disposable by Mail System(R) products but also traditional medical waste from large quantity generators such as hospitals. The autoclave is expected to be operational by the summer of this calendar year. '/>"/>