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Sharps Compliance Corp. Names Ramsey E. Hashem Chief Operating Officer

  • Appointment to Support Company's Continued Growth and Expansion

HOUSTON, Dec. 1, 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 generated outside the hospital and large healthcare facility setting and unused dispensed medications, today announced the appointment of Ramsey E. Hashem to the newly established role of Chief Operating Officer (COO). Mr. Hashem reports to David P. Tusa, Chief Executive Officer and President of Sharps Compliance, and will be responsible for the leadership of Sharps' manufacturing and distribution facilities, product design and development, treatment facility and customer service functions.

"It is with great pleasure that we welcome Ramsey to the Sharps organization," said Mr. Tusa. "He brings a broad knowledge of operations and customer-focused sales strategy, having successfully led teams in multiple disciplines and modalities in growing healthcare-related business." Mr. Tusa added, "We are building for Sharps' next phase of growth, and with the newly established position of COO, we bring a more focused alignment and synchronization to our already strong sales and operations. We look forward to leveraging Ramsey's strategic capabilities and commercial and operations acumen to further expand the Company. His leadership and experience will serve us well as we continue to execute on our growth strategy."

Most recently, Mr. Hashem served as Senior Vice President, Global Commercial Operations from 2007 to 2010 at Affymetrix Inc., a global technology licensing company that develops, manufactures and sells products and services for genetic analysis to the life science research and clinical healthcare markets. Prior to his affiliation with Affymetrix, Mr. Hashem spent six years with GE Healthcare Technologies, a $17 billion unit of General Electric Company, where he served in several commercial leadership roles with the IT and Clinical Systems divisions. Prior, Mr. Hashem was Director of Sales and Marketing with GE Transportation Systems in Melbourne (Florida), Germany and the United Kingdom.  Mr. Hashem holds a Bachelor of Science in Electrical Engineering from the University of Ottawa, Canada, completed the Finance Essentials, Executive Education Program from the University of Michigan at Ann Arbor, and received Six Sigma Green Belt Certification in 2002.

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