Retractable Technologies, Inc. Reports Nine Months 2007 Sales of $19.1 Million

LITTLE ELM, Texas--(BUSINESS WIRE)--Retractable Technologies, Inc. (AMEX:RVP), a leading maker of safety needle devices, today reported revenues of $8.0 million and $19.1 million for the three and nine months ended September 30, 2007, respectively, an increase from the same 2006 periods. The increase in total revenues from the year-ago quarter was due largely to higher average sales prices mitigated slightly by lower unit sales in domestic markets. In the first nine months, overall unit sales rose 3.9%, principally due to higher international unit sales. International sales tend to fluctuate because of the timing of orders under the President’s Global HIV/AIDS initiative.
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