Retractable Technologies, Inc. designs, develops, manufactures and markets safety needle devices for the healthcare industry. The Company's VanishPoint®
products utilize a patented friction ring mechanism. VanishPoint products are designed specifically to prevent needlestick injuries and to prevent reuse. The VanishPoint blood collection tube holder utilizes the same mechanism to retract the needle after blood has been drawn from the patient. Advantages of the Company's products include protection from needlestick injuries, prevention of cross contamination through reuse, and reduction of disposal and other associated costs.