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Retractable Technologies, Inc. Declares Dividends to Series I and II Class B Preferred Stock Shareholders

  Retractable Technologies, Inc. Declares Dividends to Series I and II Class B
  Preferred Stock Shareholders

Business Wire

LITTLE ELM, Texas -- June 26, 2013

Retractable Technologies, Inc. (NYSE MKT: RVP) announced today that its Board
of Directors has declared dividends to holders of its Series I Class B and
Series II Class B Convertible Preferred Stock in the amounts of $12,937.50 and
$44,675.00, respectively. The dividend amount is $0.125 per share for Series I
Class B shareholders and $0.25 per share for Series II Class B shareholders.
Dividends have accrued at 10% per annum and cover amounts in arrears from
March 31, 2013 through date of conversion or June 30, 2013, whichever is
applicable. The dividends will be paid on July 22, 2013 to shareholders of
record as of the close of business on July 10, 2013.

Retractable 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.

Contact:

Retractable Technologies, Inc.
Douglas W. Cowan, 888-806-2626 or 972-294-1010
Vice President and Chief Financial Officer
 
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