Sharps' Technology Adopted By Interstate and Sunstone Hotels; Hotels Select Sharps' Systems for Enhancement of Customer and Employee Safety

Interstate Hotels Corporation IHCO, one of the largest independent hotel management companies in the United States, operates approximately 165 hotels with 31,000 rooms in 37, as well as in Canada, the Caribbean and Russia. Interstate operates more than 25 different franchise brands and multiple luxury independent hotels and resorts in all market segments and is the largest franchisee of Hampton Inn brands in the world.

Sunstone Hotel Investors LLC operates approximately 56 luxury hotels and extended-stay lodging facilities, with more than 10,000 rooms, primarily in the western United States. Most of its hotels have affiliations with such franchises as Comfort Suites, Courtyard by Marriott, Doubletree, Hampton Inn, Hawthorn Suites, Hilton, Holiday Inn, Ramada, Residence Inn and Sheraton.

"After diligently evaluating what is available in the marketplace, we determined that Sharps' all-inclusive system is setting the standard for the industry," commented Gus Napoli, Director of Risk Management for Interstate Hotels Corporation. "We believe that Sharps' products and programs will play an important role in our efforts to assure the safety of customers and employees in all of our properties."

"It is critically important to educate employees within the hospitality industry regarding the safe handling of syringes, razors and medical wastes which are often found in hotel rooms," stated Dr. Burt Kunik, Chief Executive Officer of Sharps Compliance Corp. "Our Bloodborne Pathogen Training Program and Sharps Disposal by Mail(TM) System are designed to provide multi-location hotel operators with the tools necessary to standardize a cost-effective risk management program throughout their organizations."

Headquartered in Houston, Texas, Sharps partners with companies and institutions to develop cost-effective logistical 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 enables 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. Forward-looking statements involve risks and uncertainties including, but not limited to, continued acceptance of the Company's products and services in the marketplace, competitive factors, new products and technological changes, dependence upon third-party vendors, customer relations, government supervision and regulation, changes in industry practices, changes in third-party expense reimbursement procedures, and other risks detailed in the Company's periodic filings with the Securities and Exchange Commission.