Mr. Gary L. Shell

Gary L. Shell joined SHARPS COMPLIANCE CORP as Vice President and Chief Financial Officer in January 2001.He previously served as Vice President , Finance , for Horizontal Drilling International , Inc. , a horizontal directional drilling company , from March 1991 to September 2000 and Raymond International Inc. , an engineering and construction company , from 1982 to 1991.Committees , Meetings and Board CompensationThe business of SHARPS COMPLIANCE CORP is managed under the direction of its Board of Directors.SHARPS COMPLIANCE CORP's Board of Directors has established two standing committees : The Audit Committee and the Compensation Committee.Audit Committee.The Audit Committee is comprised of certain directors who are not employees of SHARPS COMPLIANCE CORP or any of its subsidiaries.Messrs.

Gary Shell

HOUSTON, Texas (January 16, 2001) - Sharps Compliance Corp. (OTC BB: SCOM) announced that Gary L. Shell has joined the Company as Vice President - Chief Financial Officer.He is responsible for all financial aspects of the Company.

Mr. Shell brings over 20 years of proven financial experience to the Company, including information systems, risk management, treasury, tax and international business.A graduate of LSU with a BS in Accounting, Mr. Shell also holds a Master of Business Administration degree and is a Certified Public Accountant.His professional affiliations include Texas Society of Certified Public Accountants, Houston Chapter of Texas Society of Certified Public Accountants and Construction Financial Management Association.

Headquartered in Houston, Texas, Sharps partners with companies and institutions to develop cost-effective solutions that improve profitability.The Company's systems and services allow a wide variety of regulated industries, including healthcare and hospitality, to focus on their core competencies and enable them to better manage assets, regulatory compliance and employee education.Sharps Compliance Corp.'s common stock trades on the OTC Bulletin Board under the symbol SCOM.

Any forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Act of 1995.Investors are cautioned that actual results may differ substantially from such forward-looking statements.

HOUSTON, Texas (January 16, 2001) - Sharps Compliance Corp. (OTC BB: SCOM) announced that Gary L. Shell has joined the Company as Vice President - Chief Financial Officer.He is responsible for all financial aspects of the Company.

Mr. Shell brings over 20 years of proven financial experience to the Company, including information systems, risk management, treasury, tax and international business.A graduate of LSU with a BS in Accounting, Mr. Shell also holds a Master of Business Administration degree and is a Certified Public Accountant.His professional affiliations include Texas Society of Certified Public Accountants, Houston Chapter of Texas Society of Certified Public Accountants and Construction Financial Management Association.

Gary Shell is the new vice president and chief financial officer of Sharps Compliance, Houston, and will be responsible for all financial aspects of the company.Shell brings more than 20 years' financial experience to the company.

IN OTHER NEWSMedline Industries, Mundelein, Ill., has been awarded durable medical equipment and disposable protective apparel contracts totaling $4 million by Rolling Meadows, Ill.-based Consorta, a health care group purchasing organization.

The Joint Commission on Accreditation of Healthcare Organizations, Oakbrook Terrace, Ill., plans to develop a way to assess health care organization staffing.JCAHO will pilot-test staffing performance indicators throughout the year.

CONTACT: Gary L. Shell, CFO of Sharps Compliance Corp., +1-800-772-5657,or gshell@sharpsinc.com

CONTACT: Gary Shell of Sharps Compliance Corp., +1-800-772-5657

The Company also announces today the resignation of Gary L. Shell as its Chief Financial Officer.
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Dr. Burt Kunik added, "We appreciate the services of Gary Shell and wish him well in his future endeavors.