Sharps Compliance Corp. Announces 20% Growth in Customer Billings for Second Quarter of Fiscal...(blic awarenessprograms to educate the id...),Health

Date:2/4/2008

blic awareness programs to educate the identified consumer, customer preferences, the Company's ability to scale the business and manage its growth, the degree of success the Company has at gaining more large customer contracts, managing regulatory compliance and/or other factors that may be described in the company's annual report on Form 10-KSB, quarterly reports on Form 10-QSB and/or other filings with the Securities and Exchange Commission. Future economic and industry trends that could potentially impact revenues and profitability are difficult to predict. The company assumes no obligation to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results express or implied therein will not be realized.

For more information contact: - OR -

David P. Tusa Tammy Poblete

Executive Vice President, Chief Kei Advisors LLC

Financial Officer & Business Development Investor Relations

Phone: (713) 660-3514 Phone: (716) 843-3853

dtusa@sharpsinc.com Email: tpoblete@keiadvisors.com

FINANCIAL TABLES FOLLOW.

SHARPS COMPLIANCE CORP. AND SUBSIDIARIES

Condensed Consolidated Statements of Income

(unaudited)

Three-Months Ended Six-Months Ended

December 31, December 31,

2007 2006 % Change 2007 2006 % Change

(Unaudited) (Unaudited) (Unaudited) (Unaudited)

Revenue $3,750,802 $3,181,777 17.9% $7,141,914 $6,172,661 15.7%

Cost of

revenue 2,145,468 1,819,800 17.9% 4,103,203 3,513,388 16.8%

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SOURCE Sharps Compliance Corp. Copyright©2008 PR Newswire. All rights reserved

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