updated 3/1/2011 2:16:36 PM ET 2011-03-01T19:16:36

HOUSTON, March 1, 2011 (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 medications generated outside the hospital and large healthcare facility setting, announced today that David P. Tusa, Chief Executive Officer and President, and Diana P. Diaz, Vice President and Chief Financial Officer, will participate in two investor conferences in March.

They will first present at the Credit Suisse 13th Annual Global Services Conference at the Phoenician in Scottsdale, AZ, on Monday, March 14, 2011, at 8:30 a.m. MT / 10:30 a.m. ET.

Management will also present at the Roth Capital Partners' 23rd Annual OC (Orange County) Growth Stock Conference at the Ritz-Carlton, in Laguna Niguel, CA, on Wednesday, March 16, 2011, at 1:30 p.m. PT / 4:30 p.m. ET. A live webcast of this presentation, along with presentation materials, will be available on the Company's website at www.sharpsinc.com . If you are unable to listen to the live presentation, an archive will be made available, with transcript, on the website in the Investor Relations section. 

About Sharps Compliance Corp.

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 unused medications, used syringes and medical waste generated 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 physicians, 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® Recovery System™ (formerly Sharps Disposal by Mail System®), is a comprehensive solution for the containment, transportation, treatment and tracking of medical waste generated outside the hospital and large health care facility setting. Its other products include the Sharps®MWMS™ (Medical Waste Management System), a comprehensive solution designed for rapid deployment in emergency situations and features the Sharps™ Recovery System™ and TakeAway System™ products combined with warehousing, inventory management, training, data and other services. Its TakeAway System™ 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

CONTACT: Diana P. Diaz
         Sharps Compliance Corp.
         Vice President and Chief Financial Officer
         Phone: (713) 660-3547
         Email: ddiaz@sharpsinc.com
         
         Deborah Pawlowski
         Kei Advisors LLC
         Investor Relations
         Phone: (716) 843-3908
         Email: dpawlowski@keiadvisors.com

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