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Re: ap17 post# 2066465

Thursday, 04/30/2020 8:58:47 AM

Thursday, April 30, 2020 8:58:47 AM

Post# of 2338003
$RXMD - Progressive Care Announces Successful Expansion of PharmcoRX.com eCommerce Portal to Entire US
BY GlobeNewswire
— 7:00 AM ET 04/30/2020
MIAMI, FL, April 30, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Progressive Care Inc. (“Progressive Care” or the “Company”), a personalized healthcare services and technology company, is excited to announce that it has expanded the scope of its new ecommerce portal (PharmcoRX.com) to serve the entire US domestic market. The Company started filling and shipping orders nationwide this week.

The PharmcoRX.com site includes online access to prescriptions, essential goods, personal protection equipment, guidance on COVID-19 prevention and care, information about custom compounding, and access to services for patients, payors, and providers.

“We are preparing for a large-scale uptick in order volume,” noted S. Parikh Mars, CEO of Progressive Care ( RXMD
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). “It’s also important for our shareholders to know that our decision to ramp up ecommerce at this time isn’t just about COVID-19. Certainly, the unusual context, with so many consumers conducting all of their activity online, acted as a motivating factor to move in this direction now, rather than later. But this step represents more than a simple short-term strategy. It’s a powerful evolutionary leap for Progressive Care ( RXMD
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) – a natural escalation of our scope and reach as an emerging leader in the pharmacy and healthcare services marketplace.”

Management expects that the Company’s successful implementation of its ecommerce strategy will positively impact anticipated performance in coming quarters and overall in 2020.

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

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