Retractable Technologies, Inc. Launches New VanishPoint Blood Collection Set

Retractable Technologies, Inc. Launches New VanishPoint Blood Collection Set

LITTLE ELM, Texas, July 26, 2012 Retractable Technologies, Inc. (NYSE MKT: RVP) announced today the launch of a new innovative product, the VanishPoint Blood Collection Set (BCS).

Studies have shown that superior needlestick prevention is achieved by safety devices with automated safety features, as opposed to devices with manually activated safety features. All VanishPoint safety devices feature in-patient, automated safety designs to minimize exposure to contaminated needles and reduce the risk of needlestick injuries.

Retractable also manufactures and markets VanishPoint and Patient Safe safety medical products. The VanishPoint syringe, blood collection, and IV catheter products are designed to prevent needlestick injuries and product reuse by retracting the needle directly from the patient, effectively reducing exposure to the contaminated needle. Patient Safe syringes are uniquely designed to reduce the risk of bloodstream infections resulting from catheter hub contamination. Retractable s products are distributed by various specialty and general line distributors. For more information on Retractable, visit our website at www.vanishpoint.com.

Forward-looking statements in this press release are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 and reflect our current views with respect to future events. We believe that the expectations reflected in such forward-looking statements are accurate. However, we cannot assure you that such expectations will materialize. Our actual future performance could differ materially from such statements.

Factors that could cause or contribute to such differences include, but are not limited to: our ability to maintain liquidity; our maintenance of patent protection; the impact of current litigation; our ability to maintain favorable supplier arrangements and relationships; our ability to quickly increase capacity in response to an increase in demand; our ability to access the market; our ability to maintain or lower production costs; our ability to continue to finance research and development as well as operations and expansion of production; the increased interest of larger market players, specifically Becton, Dickinson and Company, in providing devices to the safety market; and other risks and uncertainties that are detailed from time to time in Retractable s periodic reports filed with the U.S. Securities and Exchange Commission.

Vice President and Chief Financial Officer

(888) 806-2626 or (972) 294-1010