Sharps Compliance Corp. Announces Appointment of Al Aladwani as its Senior Vice President of Operations
March 24 2008 - 10:17AM
PR Newswire (US)
HOUSTON, March 24 /PRNewswire-FirstCall/ -- Sharps Compliance Corp.
(OTC:SCOM) (BULLETIN BOARD: SCOM) ("Sharps" or the "Company"),
leading providers of cost-effective disposal solutions for small
quantity generators of medical waste, announced today the
appointment of Al Aladwani to the position of Senior Vice President
of Operations. Mr. Aladwani joins Sharps effective immediately from
Generic Medical Devices ("GMD"), a developer and manufacturer of
medical devices, where he served as Vice President of Operations.
Dr. Burton J. Kunik, the Company's Chairman, Chief Executive
Officer and President commented, "Al is joining Sharps at a time
when we are rapidly building our operational infrastructure in
order to facilitate the Company's significant expected growth. The
number and size of the opportunities that we are pursuing requires
us to measurably expand our physical footprint, and create a larger
and leaner workflow for our products. We are very excited to have a
professional with Al's capabilities and operations experience on
the Sharps Compliance team." Prior to GMD, Mr. Aladwani served in
various operational roles with Cyberonics, Inc., Creos Medical and
Ohmeda Medical. Mr. Aladwani has extensive medical device, FDA and
ISO experience as well as lean manufacturing certification from
Purdue University. Mr. Aladwani graduated in 1978 with a BA in
Business Administration from Kuwait University. Sharps targets many
markets including pharmaceutical manufacturing, retail pharmacy,
hospitality and home healthcare as well as cities and
municipalities for its mail back disposal system for small quantity
generators of sharps waste such as syringes. 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 realized. For more information
contact: - OR - David P. Tusa Tammy Poblete Executive Vice
President, Chief Financial Kei Advisors LLC Officer & Business
Development Investor Relations Phone: (713) 660-3514 Phone: (716)
843-3853 Email: DATASOURCE: Sharps Compliance Corp. CONTACT: David
P. Tusa, Executive Vice President, Chief Financial Officer &
Business Development of Sharps Compliance Corp., +1-713-660-3514, ;
or Tammy Poblete of Kei Advisors LLC Investor Relations,
+1-716-843-3853, , for Sharps Compliance Corp. Web site:
http://www.sharpsinc.com/
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