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Sharps Compliance Reschedules First Quarter Fiscal Year 2013 Financial Results, Conference Call And Webcast

Due to the effects of Hurricane Sandy on the Eastern seaboard, Sharps Compliance Corp. (NASDAQ: SMED) postponed the release of its first quarter 2013 financial results (ended September 30, 2012) to premarket on Monday, November 5, 2012, and will hold the related conference call and webcast later that day at 1:30 p.m. ET.

Teleconference Number: (480) 629-9760

Internet Webcast: www.sharpsinc.com

An archive of the call will be available from 4:30 p.m. ET the day of the call until Monday, November 12, 2012. To listen to the archived call, dial (858) 384-5517, and enter conference ID number 4573923. An archive of the webcast will be available on the Company’s website at www.sharpsinc.com and will include a transcript, once available.

About Sharps Compliance Corp.

Headquartered in Houston, Texas, Sharps Compliance is a leading full-service provider of solutions for the cost-effective management of medical waste, used healthcare materials and unused dispensed medications. Its strategy is to capture a large part of the estimated $3.8 billion untapped market for its solutions by targeting the major agencies that are interrelated with this medical waste stream, including pharmaceutical manufacturers, home healthcare providers, retail pharmacies and clinics, the U.S. government and the professional market which is 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™ is a comprehensive solution for the containment, transportation, treatment and tracking of medical waste and used healthcare materials. The Company’s TakeAway Environmental Return 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. The Complete Needle Collection & Disposal System™ is a safe, easy-to-use and cost-effective solution designed for self-injecting consumers and includes the Company’s containment, packaging, return shipping via the U.S. Postal Service, tracking and treatment. The Company has partnered with Daniels Sharpsmart in a joint marketing alliance to serve the entire U.S. medical waste market, offering customers a blended product portfolio to effectively target healthcare customers with multi-site and multi-size locations. The alliance also enables a team effort for cross selling each company’s capabilities where best suited.

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