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

s with several other nationally-recognized

pharmaceutical manufacturers regarding the implementation of similar

Patient Support Programs. The Company is also currently in discussions

with its existing top ten pharmaceutical manufacturing customer

regarding the renewal and expansion of its current Patient Support

Program.

National Pharmacy Chain and Home Healthcare Company Contract

Sharps recently entered into an exclusive contract with one of the

leading national pharmacy chains with over 6,000 locations, to sell its

Sharps Disposal By Mail Systems(R), Biohazard Spill Clean-Up Kits, Asset

Return System and Pitch-it(TM) IV poles. The products are expected to

be utilized not only by the customer's in-store immunizing pharmacists,

but also its home healthcare, specialty and mail order pharmacy

divisions. The Company expects to see orders from the customer

beginning in the fourth fiscal quarter ending June 30, 2008. The

two-year contract includes provisions for automatic annual renewals.

Canadian Expansion

Sharps recently expanded into Canada with the initial sales of its

Sharps Disposal By Mail System(R) and Sharps Secure(R) Needle Disposal

System to a retail and restaurant chain with nationwide locations. In

order to facilitate the disposal of returned products and in accordance

with Canadian regulations, the Company entered into an agreement with a

Canadian treatment facility permitted to dispose of medical waste

in-country. Strategically, this opportunity affords the Company the

opportunity to expand its North American presence without losing the

focus of its resources on the many prospects in its U.S. pipeline.

Biohazard Spill Clean-Up Kits

The Company recently received two orders for its Biohazard Spill

Clean-Up Kits that will be used by
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SOURCE Sharps Compliance Corp.
Copyright©2008 PR Newswire.
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