NEW YORK, June 25, 2009 (GLOBE NEWSWIRE) -- Veteran business journalist Joya Dass joins Dr. Burton J. Kunik, Director, Chairman, & CEO, Sharps Compliance Corporation (SMED) to discuss the company's industry, strategy, financials and positioning.
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Dr. Kunik founded Sharps Compliance Inc., now a wholly owned subsidiary of Sharps Compliance Corp., in May 1994 and has served as a Director and its Chief Executive Officer since its inception. Since July 1998, he has also served as the Company's Chairman of the Board.
Dr. Kunik has 24 years of experience as an endodontist and over 20 years of experience in the medical waste industry, including involvement in the successful start-up of three companies. He co-founded and spent five years with 3CI Complete Compliance Corporation which engages in medical waste services in the southern United States. Dr. Kunik previously served as the Chairman of the Medical Waste Institute in 1992 and on the board of the Environmental Industry Association. Dr. Kunik's previous business experience also includes management roles in a number of industries, including real estate, oil and gas, cattle ranching and travel. Dr. Kunik earned both B.A. and D.D.S. degrees from the University of Texas.
About Sharps Compliance Corp.
Headquartered in Houston, Texas, Sharps Compliance is a leading provider of cost-effective disposal solutions for medical and pharmaceutical waste generated outside the hospital setting. 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 Sharps(r)MWMS(tm), a Medical Waste Management System, is a comprehensive medical waste solution which includes an array of services and products necessary to effectively collect, store and dispose of medical waste outside of the hospital setting. The System, which is designed for rapid deployment, features the Sharps Disposal By Mail System(r) products combined with warehousing, inventory management, training, data and other services necessary to provide a comprehensive solution. The Sharps(r)MWMS(tm) is designed to be an integral part of governmental and commercial emergency preparedness programs.
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, government, 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 as well as unused pharmaceuticals 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: www.sharpsinc.com
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