Progressive Care Inc (fka RXMD)

[Jimmy Quick]

Progressive Care Inc. Announces March Sales and Issues Acquisition Update

MIAMI – April 23, 2019 – Progressive Care Inc. (OTCQB: RXMD)

UPDATE ON ACQUISITION:
The Company is nearing completion of its acquisition of Family Physicians RX (FPRX) a South Florida pharmacy with locations in Orlando and Davie, FL. The closing is scheduled to take place in the next 6 weeks to align with Medicaid advanced notification rules. After the closing, the Company will consolidate FPRX's nearly $1.5 million in monthly sales into its financial statements. The resultant combined company is expected to yield benefits beyond financial results including expansion opportunities in the I-4 corridor of Florida, economies of scale, and development of complimentary relationships and suites of services.