The Female Health Company Receives Order for 4.3 Million FC2 Female Condoms for Papua New Guinea
02 September 2008 - 2:30PM
PR Newswire (US)
CHICAGO, Sept. 2 /PRNewswire-FirstCall/ -- The Female Health
Company (AMEX:FHC) which manufactures and markets the FC and FC2
Female Condoms(R), today announced it has received an order for 4.3
million FC2s from the Papua New Guinea - Australia HIV and AIDS
program. To date, this is the largest order received for FC2, FHC's
second generation female condom. The National AIDS Council
Secretariat will coordinate the distribution of FC2, starting in
October 2008, by the Department of Health and the non-government
organization community. In Papua New Guinea there is widespread
demand for the female condom, which was first introduced there in
the 1990's. Mike Pope, Vice President of The Female Health
Company's UK and Malaysia operations said 'This order is an
indication of FHC's female condom's increasing acceptance as an
effective tool for prevention of HIV'. Papua New Guinea accounts
for 70% of all HIV infections in the Australasia region. Funding
for the FC2 order is from AusAID, the Australian Government's
Overseas Aid Program. About The Female Health Company The Female
Health Company (FHC), headquartered in Chicago, IL, is the maker of
the FC Female Condom (FC1 and FC2), a revolutionary option offering
women dual protection against both sexually transmitted diseases,
including HIV/AIDS, and unintended pregnancy. FHC was created as a
worldwide company in February 1996 with the purchase of Chartex
Resources Ltd., the holder of exclusive worldwide rights to FC1.
The Company holds exclusive product and technology patents for FC1
in the United States, Australia, Brazil, Canada, France, Germany,
Italy, Spain, the United Kingdom, the People's Republic of China,
South Korea and Japan. Patents are pending for FC2. FHC is the sole
manufacturer and marketer of the FC1 and FC2 female condoms in the
world. The Female Health Company and its partners currently market
the Female Condom under FC Female Condom(R), FC2 Female Condom(R),
Reality(R), Femidom(R), Femy(R), and Care(R) in the rest of the
world. For more information about the Female Health Company visit
the Company's website at http://www.femalehealth.com/ and
http://www.femalecondom.org/ . If you would like to be added to the
Company's e-mail alert list, please send an e-mail to . "Safe
Harbor" statement under the Private Securities Litigation Reform
Act of 1995: The statements in this release which are not
historical fact are "forward-looking statements" as that term is
defined in the Private Securities Litigation Reform Act of 1995.
Forward-looking statements in this release may be identified by the
use of forward-looking words or phrases such as "anticipate,"
"believe," "could," "expect," "intend," "may," "planned,"
"potential," "should," "will," "would" or the negative of those
terms or other words of similar meaning. These statements are based
upon the Company's current plans and strategies, and reflect the
Company's current assessment of the risks and uncertainties related
to its business, and are made as of the date of this release. The
Company assumes no obligation to update any forward-looking
statements contained in this release as a result of new information
or future events, developments or circumstances. Such
forward-looking statements are inherently subject to known and
unknown risks and uncertainties. The Company's actual results and
future developments could differ materially from the results or
developments expressed in, or implied by, these forward-looking
statements. Factors that may cause actual results to differ
materially from those contemplated by such forward-looking
statements include, but are not limited to, the following: product
demand and market acceptance; competition in the Company's markets
and the risk of new competitors and new competitive product
introductions; the Company's reliance on its international partners
in the consumer sector and on the level of spending on the female
condom by country governments, global donors and other public
health organizations in the global public sector; the economic and
business environment and the impact of government pressures; risks
involved in doing business on an international level, including
currency risks, regulatory requirements, political risks, export
restrictions and other trade barriers; the Company's production
capacity; efficiency and supply constraints; and other risks
detailed in the Company's press releases, shareholder communication
and Securities and Exchange Commission filings, including the
Company's Form 10-KSB for the fiscal year ended September 30, 2007.
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 CONTACT: William
R. Gargiulo, Jr., +1-231-526-1244, or Donna Felch, +1-312-595-9123,
both for The Female Health Company Web site:
http://www.femalehealth.com/
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