The Female Health Company Receives USAID | DELIVER PROJECT Order for 8.1 Million Units
23 December 2008 - 12:30AM
PR Newswire (US)
CHICAGO, Dec. 22 /PRNewswire-FirstCall/ -- The Female Health
Company (NYSE Alternext: FHC) announced it has received an order
for the delivery of 8.1 million female condoms (FC) from John Snow,
Inc., which implements the USAID | DELIVER PROJECT, a U.S. Agency
for International Development (USAID)- funded project, working to
increase the availability of essential health supplies to clients
and customers around the world. For many years, USAID has been
among the largest international donors of contraceptives and
condoms. The Agency developed an operational plan for its HIV/AIDS
"expanded response" strategy which includes the establishment of
the Commodity Fund (CF) to centrally-finance male and female
condoms for HIV/AIDS programs and to ensure their expedited
delivery to countries. Through the Commodity Fund and the
President's Emergency Plan for AIDS Relief (PEPFAR), USAID provides
male and female condoms to Missions for HIV/AIDS prevention
activities. O. B. Parrish, Chairman and CEO of FHC, praised USAID
actions stating, "In continuing female condom procurement, USAID is
demonstrating its commitment to supporting HIV/AIDS prevention
efforts around the World. This commitment is particularly critical
as the Global Community recognizes the increasing numbers of
females affected by AIDS." UNAIDS reports that worldwide, 33.2
million people, 15.4 million of which are women aged 15 years and
older are now living with HIV. The Global Coalition on Women and
AIDS, a UNAIDS Initiative, is calling for more money in AIDS
programs that work for women including closing the funding gap for
the female condom and microbicides development." About The Female
Health Company, Inc. The Female Health Company, based in Chicago,
Illinois, manufactures and markets the FC Female Condom(R), which
is primarily distributed by public health organizations and donor
groups in over 90 developing countries around the world.
World-wide, the Female Condom is available in various programs in
108 countries. The Company owns certain worldwide rights to the FC
Female Condom(R), including patents that have been issued in the
United States, United Kingdom, Japan, France, Italy, Germany,
Spain, the European Patent Convention, the People's Republic of
China, Canada, South Korea and Australia. FC Female Condom(R) is
the only available FDA-approved product controlled by a woman that
offers dual protection against sexually transmitted diseases,
including HIV/AIDS, and unintended pregnancy. For more information
about the Female Health Company, visit the Company's web site at
http://www.femalehealth.com/ or http://www.femalecondom.org/. "Safe
Harbor" statement under the Private Securities Litigation Reform
Action of 1995: The statements in this release which are not
historical fact are forward-looking statements based upon the
Company's current plan and strategies, and reflect the Company's
current assessment of the risks and uncertainties related to its
business, including such things as product demand and market
acceptance; the economic and business environment and the impact of
government pressures; currency risks; capacity; efficiency and
supply constraints; and other risks detailed in the Company's press
releases, shareholder communication and Securities and Exchange
Commission filings. Actual events affecting the Company and the
impact of such events on the Company's operations may vary from
those currently anticipated. DATASOURCE: The Female Health Company,
Inc. CONTACT: Investors, William R. Gargiulo, Jr., +1-231-526-1244,
or Donna Felch, +1-312-595-9742, both of The Female Health Company,
Inc. Web site: http://www.femalehealth.com/
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