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Female Health Ups Buyback Authorization

February 13, 2009 (FinancialWire) -- The Female Health Co. (NYSE: FHC) (Current Market Cap: US$108.58 Mil.) said that its stock repurchase program has been expanded to three shares and extended until December 31, 2010. The program was initiated in January 2007 to repurchase up to one million shares of the company's common stock through December 31, 2008.

In April of 2008, the program was expanded to two million shares and extended until December 31, 2009. Through January 31, the company had repurchased nearly 1.6 million shares of its common stock for around $4.7 million under this program.

Chicago-based Female Health manufactures and markets the FC Female Condom, and the FC2 Female Condom, which are primarily distributed by public health organizations and donor groups in over ninety developing countries around the world. Globally, the Female Condoms are available in various programs in 116 countries.

The company owns certain worldwide rights to the FC Female Condom, 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.

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