Progressive Care Inc. Announces April Sales & Record Breaking Month

May 21, 2019
webskitters

MIAMI – May 21, 2019 – Progressive Care Inc. (OTCQB: RXMD), apersonalized healthcare services and technology company, today announcedfurther growth year-over-year in revenue and number of prescriptions filled forApril 2019 and a record month for PharmCo revenue in Palm Beach,which increasedat 100%.

In April,the company reported a total of $1.935 million in net revenue, a 17% increasefrom the same month last year, and a 30% increase in prescriptions filledduring the same month last year, totaling nearly 28,725 prescriptions filled. BothPharmCo locations had 15% growth in prescription counts compared to April lastyear. 

“Progressive Care’s April sales and prescriptionnumbers are directly attributed to increased sales derived from marketingactivities promoting risk management, medication adherence management, andsuperior pharmacy performance metrics to Physicians Practices and ManagementServices Organizations ,” said S. Parikh Mars, Chief Executive Officer ofProgressive Care Inc. “We are confident that our company will continue to growwith more record-breaking months by providing our customers with top-qualityhealthcare management services.”

For more information about Progressive Care, please visit the company’s website.

Connect and stay in touch with us on social media:

Progressive Care Inc.

https://www.facebook.com/ProgressiveCareUS/
https://twitter.com/ProgressCareUS

PharmCo, LLC
https://www.facebook.com/pharmcorx/
https://twitter.com/PharmCoRx

About Progressive Care Inc.

Progressive Care Inc. (OTCQB: RXMD), through itsPharmCo, LLC, is a South Florida health services organization and provider ofprescription pharmaceuticals, compounded medications, provider of tele-pharmacyservices, the sale of anti-retroviral medications, medication therapymanagement (MTM), the supply of prescription medications to long-term carefacilities, and health practice risk management.

Cautionary Statement Regarding Forward-LookingStatements

Statementscontained herein that are not based upon current or historical fact areforward-looking in nature and constitute forward-looking statements within themeaning of Section 27A of the Securities Act of 1933 and Section 21E of theSecurities Exchange Act of 1934. Such forward-looking statements reflect theCompany’s expectations about its future operating results, performance, andopportunities that involve substantial risks and uncertainties. Thesestatements include but are not limited to statements regarding the intendedterms of the offering, closing of the offering and use of any proceeds from theoffering. When used herein, the words “anticipate,” “believe,” “estimate,”“upcoming,” “plan,” “target,” “intend” and “expect” and similar expressions, asthey relate to Progressive Care Inc., its subsidiaries, or its management, areintended to identify such forward-looking statements. These forward-lookingstatements are based on information currently available to the Company and aresubject to a number of risks, uncertainties, and other factors that could causethe Company’s actual results, performance, prospects, and opportunities todiffer materially from those expressed in, or implied by, these forward-lookingstatements.

InvestorRelations Contact:

Armen Karapetyan, Progressive Care

Senior Advisor Business Development

Armen@progressivecareus.com

www.progressivecareus.com

www.pharmcopharmacy.com

Public RelationsContact:

Kathleen Gonzales, CMW Media

Kathleen@cmwmedia.com

www.cmwmedia.com

Web andApplication Development Contact:

Marcello Jaspan, Mass Ventures Corp

Marcello@massventurescorp.com

www.massventurescorp.com

Investors' Presentation