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Sharps Compliance Corp. Announces Results for Third Quarter of Fiscal Year 2008
Date:5/15/2008

ndar year 2008. We have also entered into an exclusive agreement with a nationwide pharmacy chain to provide a wide range of our products and services. Our pipeline is full, and we expect the activity to enhance our growth in fiscal year 2009."

Increasing Market Penetration

Recently Awarded Second Pharmaceutical Manufacturer Patient Support

Program

The Company was recently awarded its second major program with a

globally-recognized, industry-leading pharmaceutical manufacturer. The

details of the contract are expected to be finalized by June 30, 2008

with an anticipated initial launch of the program in the second half of

calendar year 2008.

The Patient Support Program is expected to include the direct

fulfillment of the Sharps Disposal By Mail System(R) to the

pharmaceutical manufacturers' patients, who will use the product to

provide a convenient means of disposal for their self-injecting

patients. Sharp's proprietary SharpsTracer(TM) system is used to track

the return of the Sharps Disposal By Mail System(R) by the patient to

the treatment facility, where the package is scanned and weighed prior

to destruction. This data, managed in Sharps' proprietary

SharpsTracer(TM) system, is electronically transmitted to the

pharmaceutical manufacturer which assists them in monitoring drug usage

and provides a touch point for individual patient follow-up.

The Company believes its successful experience fulfilling products and

services for its first contract with a top ten pharmaceutical

manufacturer, as well as its fully-integrated capabilities, were

differentiating factors leading to the award of this second program.

Additional Pharmaceutical Manufacturer Opportunities

In addition to the award of the second Patient Support Program, the

Company is in discussion
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SOURCE Sharps Compliance Corp.
Copyright©2008 PR Newswire.
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