HOUSTON, July 27, 2010 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (Nasdaq:SMED) ("Sharps" or the "Company"), a leading full-service provider of cost-effective management solutions for medical waste and unused dispensed medications generated outside the hospital and large healthcare facility setting, today announced that it will release its fourth quarter and fiscal year end 2010 results before the opening of financial markets on Tuesday, August 10, 2010. A conference call and webcast will follow at 11:00 a.m. ET, in which management will discuss the Company's financial results and business strategy, followed by a question-and-answer session. The Sharps conference call can be accessed by dialing (201) 689-8560 and entering conference ID number 354336. The webcast can be monitored at www.sharpsinc.com. Webcast listeners will have the opportunity to submit questions to the speakers. Select questions will be summarized and addressed during the question-and-answer portion of the call.
Date: August 10, 2010
Time: 11:00 AM ET
Listen via Internet: http://investor.sharpsinc.com/
Schedule this webcast into MS-Outlook calendar (click open when prompted): http://apps.shareholder.com/PNWOutlook/t.aspx?m=43464&k=51C533D2
Telephone: 713 432 0300
To listen to the archived call, dial (858) 384-5517, and enter conference ID number 354336. The telephonic replay will be available from 2:00 p.m. ET the day of the teleconference until 11:59 p.m. ET Tuesday, August 17, 2010. A transcript will also be posted once available.
Headquartered in Houston, Texas, Sharps is a leading full-service provider of cost-effective management solutions for medical waste and unused dispensed medications generated outside the hospital and large healthcare facility setting. Its strategy is to capture a large part of the estimated $2 billion untapped market for used syringes and unused medical waste outside of hospital and large healthcare settings by targeting the major agencies that are interrelated with this medical waste stream; that is the U.S. government, pharmaceutical manufacturers, home healthcare providers, retail pharmacies and clinics, and the professional market comprised of physician, dentists and veterinary practices. As a fully integrated medical waste management company providing customer solutions and services, the Company's solid business model, which provides strong margins and significant operating leverage, combined with its early penetration into emerging markets, uniquely positions it for strong future growth. The Company's flagship product, the Sharps(r) Recovery System(tm) (formerly 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"). Its other products include the Sharps(r)MWMS(tm) (Medical Waste Management System), a comprehensive medical waste and dispensed unused medication solution designed for emergency preparedness programs. Sharps also offers vendor managed inventory programs and Patient Support Programs which incorporate the Company's SharpsTracer(tm) system. Its TakeAwayRecovery System(tm) is designed for individual consumers, retail or mail-order pharmacies, communities and facilities including assisted living, long-term care and correction operations to facilitate the proper disposal of unused dispensed medications. More information on the Company and its products can be found on its website at: www.sharpsinc.com