August 29, 2003

RETRACTABLE TECHNOLOGIES, INC. ANNOUNCES INTENT TO TERMINATE MARKETING AGREEMENT WITH ABBOTT LABORATORIES

RETRACTABLE TECHNOLOGIES, INC. ANNOUNCES INTENT TO TERMINATE MARKETING AGREEMENT WITH ABBOTT LABORATORIES LITTLE ELM, Texas, Aug. 29, 2003 Retractable Technologies, Inc. (AMEX: RVP) a leading maker of safety needle devices, today announced that it has notified Abbott Laboratories that it intends to terminate its National Marketing and Distribution Agreement with

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