Progressive Care Inc (RXMD)

[TheSerb]

RXMD - NASDAQ NETE CEO HAS BEEN NAMED A MEMBER OF BOARD OF DIRECTORS

On September 20, 2017, Progressive Care executed an agreement with Mr. Oleg Firer to be a member of the Board of Directors effective October 1, 2017. Mr. Firer is an experienced leader and a visionary with the knowledge in corporate transactions, financial services, wireless technology and logistics.

Mr. Firer currently serves as the Chief Executive Officer and Director of Net Element, Inc. (NASDAQ: NETE), global financial technology and value-added solutions group that supports electronic payments acceptance in an omni-channel environment. Prior to Net Element, Mr. Firer served as the Executive Chairman of Unified Payments and has led the company from its inception until its acquisition by Net Element in April of 2013. Under his leadership, Unified Payments' revenues grew by 23,646% over 3-year period and Inc. Magazine ranked the company as #1 fastest-growing company in 2012.

Prior to Unified Payments, Mr. Firer held senior executive positions in private equity, payment processing, wireless communications and technology companies. Mr. Firer was recognized by Forbes as one of the 5 Incredible Entrepreneurs and by Business Leader Magazine as a Top Entrepreneur in South Florida, named by Poder Magazine as one of the Most Influential People in Miami and recognized by Inc. Magazine as the founder of the fastest-growing private company in 2012.

Mr. Firer is a board/advisory member of various companies including: E2Exchange, Star Capital, SarTeleMed and InList. Mr. Firer also holds a diplomatic rank of the Ambassador Extraordinary and Plenipotentiary.

http://www.otcmarkets.com/stock/RXMD/news/Entry-into-a-Material-Definitive-Agreement--Oleg-Firer-Director-Agreement?id=170564&b=y