Specialized Health Products International, Inc. (SHPI) designs, develops, manufactures and licenses cost-effective, safety healthcare products that minimize the risk of accidental needle sticks. Accidental needle sticks can cause the spread of blood-borne diseases, such as human immunodeficiency virus (HIV) and autoimmunodeficiency syndrome, hepatitis B virus (HBV) and hepatitis C virus (HCV). The Company has 20 highly differentiated, patented safety needle technologies. These technologies apply to virtually all medical needles used, including syringe, pre-filled syringe, IV catheter, guidewire introducer, PICC introducer, blood collection, epidural, spinal, Huber, biopsy and other specialty needles. SHPI enters into licensing, original equipment manufacturing supply or distribution agreements for its products, rather than engage in direct sales of products to end users on its own.