HOUSTON, Dec. 26 /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 promotion of Claude A. Dance to the position of Senior Vice President of Sales and Marketing, effective immediately. Mr. Dance, who joined the Company in August of 2007 as the Vice President of Sales - Emerging Markets, will be responsible for national, regional and inside sales efforts, as well as marketing and customer service functions.
Mr. Dance comes to Sharps from Capital Returns Inc., a leading reverse logistics company, where he served in various key roles including Senior Vice President of Sales and Marketing. Prior to Capital Returns, Mr. Dance served in various sales and management roles with Pharmerica, a division of AmerisourceBergen, Cardinal Health and Wyeth Pharmaceuticals. Mr. Dance graduated in 1981 with a BA in Marketing and earned an MA in 1983, both from Northwestern State University.
Dr. Burton J. Kunik, the Company's Chairman, Chief Executive Officer and President commented, "As a rapidly growing company, our organization and infrastructure continues to evolve as necessary in order to address the significant sales opportunities available to us. We have been very impressed with Claude's abilities and believe he will perform very well in his new leadership role. His management experience, combined with his ability to close large deals, is critical strengths as we pursue the many emerging market opportunities we have targeted."
David C. Mayfield, the Company's prior Senior Vice President of Sales and Marketing has accepted the position of Vice President of Pharmaceutical Sales and Reimbursement.
Kunik added, "David has made significant progress in the area of insurance reimbursement that we believe could lead to greater awareness about the proper disposal of used syringes in the expanding self-injection market. Importantly, the potential exists for the recovery of the cost of disposal through healthcare insurance. Additionally, David will focus on closing opportunities in the pharmaceutical industry we have been developing."
Sharps uses multiple channels to market its products, including its direct sales force, inside sales marketing and distributor relationships.
About Sharps Compliance Corp.
Headquartered in Houston, Texas, Sharps Compliance is a leading provider of cost-effective disposal solutions for small quantity generators of medical waste. The Company's flagship product, the Sharps Disposal by Mail System(R), is a cost-effective and easy-to-use solution to dispose of medical waste such as hypodermic needles, lancets and any other medical device or objects used to puncture or lacerate the skin (referred to as "sharps"). The Company also offers a number of products specifically designed for the home healthcare market. Sharps Compliance focuses on targeted growth markets such as the pharmaceutical, retail, commercial, and hospitality markets, as well as serving a variety of additional markets. Sharps is a leading proponent and participant in the development of public awareness and solutions for the safe disposal of needles, syringes and other sharps in the community setting.
As a fully integrated manufacturer providing customer solutions and services, Sharps Compliance's solid business model, with strong margins and significant operating leverage, and early penetration into emerging markets, uniquely positions the company for strong future growth.
More information on Sharps Compliance can be found on its website at: http://www.sharpsinc.com.
Safe Harbor Statement
The information made available in this press release contains certain
forward-looking statements which reflect Sharps Compliance Corp.'s current
view of future events and financial performance. Wherever used, the words
"estimate", "expect", "plan", "anticipate", "believe", "may" and similar
expressions identify forward-looking statements. Any such forward-looking
statements are subject to risks and uncertainties and the company's future
results of operations could differ materially from historical results or
current expectations. Some of these risks include, without limitation, the
company's ability to educate its customers, development of public awareness
programs to educate the identified consumer, 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
For more information contact: - OR -
David P. Tusa Tammy Poblete
Executive Vice President, Chief Kei Advisors LLC
Financial Officer & Business Investor Relations
Development Phone: (716) 843-3853
Phone: (713) 660-3514 Email: email@example.com
|SOURCE Sharps Compliance Corp.|
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