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Medical Action Industries Inc. (ticker: MDCI, exchange: NASDAQ Global Market (.O)) News Release - 17-May-2007


Medical Action Industries 4th Quarter and Year-End Earnings Call to Take Place on May 31, 2007

HAUPPAUGE, N.Y.--(BUSINESS WIRE)--May 17, 2007--Medical Action Industries Inc. (NASDAQ: MDCI), announced today that it will hold a conference call to present financial results for the quarter and year ended March 31, 2007 on Thursday, May 31, 2007 at 4:30 p.m. (ET).

Paul D. Meringolo, Medical Action's President and CEO further advised that our results of operations for the quarter and year ended March 31, 2007 are scheduled to be released on Thursday, May 31, 2007 before the market opens. A conference call will be conducted by Mr. Meringolo and Richard G. Satin, Vice President of Operations and General Counsel, to discuss Medical Action's financial results.

The conference call will be simultaneously webcast on our web site: www.medical-action.com. The dial-in number for the conference call is 1-888-858-4756 (domestic) or 1-973-582-2824 (international); conference ID #8769024. The complete call and discussion will be available for replay on our website beginning at 6:30 p.m. (ET) on May 31, 2007.

Medical Action is a diversified manufacturer of disposable medical devices. Its products are marketed primarily to acute care facilities in domestic and certain international markets. Further, Medical Action has expanded its target market to include physician, dental and veterinary office, out-patient surgery centers and long-term facilities. Medical Action is a leading manufacturer and distributor of many of its products in the markets we compete in. Our products are marketed through an extensive network of direct sales personnel and independent distributors. Medical Action has preferred vendor agreements with national distributors, as well as contracts with nearly every major group purchasing alliance. The Company's common stock trades on the NASDAQ Global Select Market under the symbol MDCI and is included in the Russell 2000 Index.

This news release contains forward-looking statements that involve risks and uncertainties regarding Medical Action's operations and future results. Please see the Company's filings with the Securities and Exchange Commission, including, without limitation, the Company's Form 10-K and Form 10-Qs, which identify specific factors that would cause actual results or events to differ materially from those described in the forward-looking statements.

CONTACT: Medical Action Industries Inc.
Richard G. Satin, 631-231-4600
Vice President Operations and General Counsel

SOURCE: Medical Action Industries Inc.