**CERTIFICATION        OF CHIEF FINANCIAL OFFICER IN ACCORDANCE WITH SECTION 302 OF THE SARBANES-OXLEY        ACT**

|   | 1. | I                  have reviewed this annual report on Form 10-KSB of Sharps Compliance                  Corp; |
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|   | 2. | Based                  on my knowledge, this report does not contain any untrue statement                  of                  material fact or omit to state a material fact necessary to make                  the                  statements made, in light of the circumstances under which such                  statements                  were made, not misleading with respect to the period covered by                  this                  report; |
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|   | 3. | Based                  on my knowledge, the financial statements, and other financial                  information                  included in this report, fairly present in all material respects                  the                  financial condition, results of operations and cash flows of the                  registrant as of , and for, the periods presented in this                  report; |
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|   | 4. | The                  registrant’s other certifying officer and I are responsible for                  establishing and maintaining disclosure controls and procedures                  (as                  defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal                  control over financial reporting (as defined in Exchange Act Rules                  13a-15(f) and 15d-15(f)) for the registrant and                  have: |
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|   | a. | Designed such disclosure controls                  and                  procedures, or caused such disclosure controls and procedures  to                  be designed under our supervision to ensure that material information                  relating to the registrant, including its consolidated subsidiaries,                  is                  made known to us by others within those entities, particularly                  during the                  period in which this report is being                  prepared; |
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|   | b. | Designed                  such internal control over financial reporting, or caused such                  internal                  control over financial reporting to be designed under our supervision                  to                  provide reasonable assurance regarding the reliability of financial                  reporting and the preparation of financial statements for external                  purposes in accordance with generally accepted accounting                  principles; |
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|   | c. | Evaluated                  the effectiveness of the registrant’s disclosure controls and procedures                  and presented in this report our conclusions about the effectiveness                  of                  the disclosure controls and procedures as of the end of the period                  covered                  by this report based on such evaluation;                  and |
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|   | d. | Disclosed                  in this report any change in the registrant’s internal control over                  financial reporting that occurred during the registrant’s most recent                  fiscal quarter (the registrant’s fourth fiscal quarter in the case of an                  annual report) that has materially affected, or is reasonably likely                  to                  materially affect, the registrant’s internal control over financial                  reporting; and |
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|   | 5. | The                  registrant’s other certifying officer and I have disclosed, based on our                  most recent evaluation of internal control over financial reporting,                  to                  the registrant’s auditors and the audit committee of the registrant’s                  board of directors (or persons performing the equivalent                  functions): |
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|   | a. | All                  significant deficiencies and material weaknesses in the design                  or                  operation of internal control over financial reporting which are                  reasonably likely to adversely affect the registrant’s ability to record,                  process, summarize and report financial information;                  and |
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|   | b. | Any                  fraud, whether or not material, that involves management or other                  employees who have a significant role in the registrant’s internal control                  over financial reporting. |
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| Date:                  September 12, 2007 |                                                                                                                                              |                             |
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|                                           |                                                                                                                                                   | /s/                DAVID P. TUSA |
|                                      | David                P. Tusa                                                                                                                      |
|                                      | Executive                  Vice                  President, Chief Financial Officer, BusinessDevelopment and Corporate                  Secretary |

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