HOUSTON--(BUSINESS WIRE)--Sharps Compliance Corp. (OTCBB:SCOM) (“Sharps” or the “Company”), a leading provider of cost-effective medical waste disposal solutions for industry and consumers, today reported an increase in revenue of 14% to $2.9 million for the third quarter of fiscal year 2007 ended March 31, 2007, over the same period in the prior year. Customer billings increased to $3.0 million for the third quarter, a 26% increase over the prior year period. Higher revenue and billings were driven by a new contract with a major pharmaceutical manufacturer and higher sales to the hospitality and professional markets. For the first nine months of fiscal 2007, revenue increased 15% to $9.1 million compared with $7.9 million during the first nine months of fiscal 2006. During the same period, customer billings increased to $9.3 million, a 19% increase over the prior year nine-month period.
