Sharps Compliance Corp. Announces Appointment of John R. Grow as President and Chief Operating Officer
31 Ottobre 2008 - 3:24PM
PR Newswire (US)
HOUSTON, Oct. 31 /PRNewswire-FirstCall/ -- Sharps Compliance Corp.
(OTC:SCOM) (BULLETIN BOARD: SCOM) ("Sharps" or the "Company"), a
leading provider of cost-effective disposal solutions for small
quantity generators of medical waste, today announced the
appointment of John "Randy" Grow as the Company's President and
Chief Operating Officer, effective October 27, 2008. Mr. Grow, who
has been a member of the Company's Board of Directors since October
of 2005, will retain his position on the Board. Dr. Burton Kunik
will continue to hold the positions of Chairman of the Board and
Chief Executive Officer. Mr. Grow was one of the founding members
and President of Accredo Health, Inc., a specialty provider of
biopharmaceuticals and services. Under his leadership, Accredo grew
to a $1.5 billion company after its initial public offering in 1999
until it was acquired by Medco Health Solutions. Prior to his
career with Accredo Health, Mr. Grow was a Vice President with
Caremark Homecare, a home infusion service provider, and American
Hospital Supply, a manufacturer and distributor of surgical
supplies. Dr. Burton J. Kunik, Chairman and Chief Executive Officer
of Sharps Compliance, commented, "We are facing a period of
unprecedented growth in the demand for our products and services
and an abundance of large sales opportunities across the nation.
Not only will Randy's extensive industry experience and knowledge
help us win new customer contracts, his success in guiding rapidly
growing businesses will be invaluable to the successful growth and
execution of our day-to-day operations." Mr. Grow, President and
Chief Operating Officer of Sharps Compliance, commented, "Burt's
vision and guidance have been key components to our current
industry leadership position and success to-date. I believe with
the strengthened senior management team that we now have in place,
we are poised for accelerated sales growth and increased
profitability in the second half of fiscal 2009 and beyond." 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 and unused
pharmaceuticals. 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 and products for the safe disposal of unused
pharmaceuticals, RxTakeAway(TM). 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/. 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
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
Investor Relations, Tammy Poblete of Kei Advisors LLC,
+1-716-843-3853, , for Sharps Compliance Corp. Web site:
http://www.sharpsinc.com/
Copyright