Progressive Care Inc. Signs New Investment Banking Agreement with The Benchmark Company, LLC

June 27, 2018

MIAMI, June 27, 2018 (GLOBE NEWSWIRE) -- Progressive Care, Inc. (OTCQB:RXMD), a personalized healthcare services and technology company, today announced that it has engaged The Benchmark Company, LLC as a financial advisor as it moves forward with the process of re-registration with the U.S. Securities and Exchange Commission and pursues a listing on a national securities exchange.

“At Progressive Care we have been actively pursuing an aggressive growth strategy, which includes the stated goal of fully reporting to the SEC and uplisting to a national exchange like NASDAQ,” said S. Parikh Mars, CEO of Progressive Care Inc. “We believe The Benchmark Company will provide us with the guidance, expertise, and access to capital we need to be further successful on all fronts of our development.”Connect and stay in touch with us on social media:Progressive Care Inc., LLC Progressive Care, Inc. Progressive Care Inc. (OTCQB:RXMD), through its PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals, compounded medications, provider of tele-pharmacy services, the sale of anti-retroviral medications, medication therapy management (MTM), the supply of prescription medications to long term care facilities, and health practice risk management.About The Benchmark Company, LLCThe Benchmark Company, LLC founded in 1988, is a full-service investment banking and financial advisory firm with a sales & trading platform servicing institutional clients in all major markets in the US and internationally. They employ a team of research analysts covering companies in the Technology, Media, Publishing, Broadcasting, Business Services, Consumer/Retail, and Healthcare sectors. Benchmark also employs an investment banking team providing corporate finance and advisory services to small and mid-sized companies. Benchmark is headquartered in New York with offices in 10 other financial centers in the U.S.For more information about The Benchmark Company, LLC, visit the Company's website at Statement Regarding Forward Looking StatementsStatements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements reflect the Company’s expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. These statements include but are not limited to statements regarding the intended terms of the offering, closing of the offering and use of any proceeds from the offering. When used herein, the words “anticipate,” “believe,” “estimate,” “upcoming,” “plan,” “target,” “intend” and “expect” and similar expressions, as they relate to Progressive Care Inc., its subsidiaries, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements.

Public Relations Contact: Tory Patterson, CMW Media858-264-6600Tory@cmwmedia.comwww.cmwmedia.comInvestor Relations Contact: Armen Karapetyan, Progressive CareSenior Advisor Business

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