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Wednesday, 06/28/2017 3:30:50 PM

Wednesday, June 28, 2017 3:30:50 PM

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Praxsyn Corporation Announces Appointment of Scot Silber as President of Nevada Health rx
By GlobeNewswire, June 28, 2017, 12:42:00 PM EDT
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LAS VEGAS, Nevada, June 28, 2017 (GLOBE NEWSWIRE) -- Praxsyn Corporation (OTCQB:PXYN) is pleased to announce that the board of directors of Nevada Health Rx, Inc. ("NHRX") has appointed Scot Silber as its President and managing pharmacist.

Mr. Silber, has been a registered pharmacist for over 35 years, and brings over 40 years of pharmacy and business management expertise to the company. Mr. Silber enlisted in the U.S. Army in 1973, and served for 4 years as a pharmacy technician. This experience motivated Mr. Silber to continue his pharmacy education by attending the University of Wyoming, School of Pharmacy. After graduating in 1982, Mr. Silber moved to Las Vegas, NV and initially worked in a Hospital Pharmacy. Thereafter, he entered into the world of independent pharmacy with the purchase of Red Rock Medical Pharmacy. In 1986, he expanded into home infusion therapy as part owner of Nevada's largest home infusion company, TPN of Las Vegas. In 1991, he left TPN to open a new venture - VED Ancillary Service, a full service home infusion/medical supply company. In February 1995, Mr. Silber merged VED Ancillary Services into Rainbow Medical, a company formed to expand medical services to managed care organizations and physicians' offices. In May of 2001, Mr. Silber established FVS Holdings, LLC as the parent company for Green Valley Drugs, Green Valley Medical Supply, and Green Valley Dental Supply. In 2003, he sold his retail pharmacy, Green Valley Drugs, to a large grocery store chain to focus his efforts on FVS Holdings, LLC. In 2010, Mr. Silber sold Green Valley Medical Supply to a large publicly traded medical supply company. After divesting his interests in FVS Holdings, LLC, Mr. Silber joined Partell Specialty Pharmacy as the Vice President of Pharmacy Operations.

Mr. Silber's lifelong dedication to charitable organizations is exemplified by his many achievements including being awarded the "Bowl of Hygenia" Community Service Award 2002, for the State of Nevada. In his free time, Mr. Silber devotes much of his time serving as the Chairman of the Board for the Nevada Childhood Cancer Foundation.

Praxsyn's Chief Executive Officer, Greg Sundem, commented, "We are pleased to add Mr. Silber to our management team with his many years of business and pharmacy experience. We look forward to the company's overall expansion on a national level in the future with Mr. Silber driving the pharmacy division".