TAMPA, Fla., May 21, 2018 (GLOBE NEWSWIRE) -- Advanzeon Solutions, Inc. (OTCBB:CHCR) ("Advanzeon” or the "Company") announced today that its Annual Report on Form 10-K (“10-K”) for the fiscal years ending 2013 and 2014 was filed with the SEC last Friday, May 18, 2018.  While this does not yet bring the Company current in its filing requirements, the Company also announced that it anticipates filing a second 10-K for the fiscal years ending 2015 through 2017 by July 30, 2018, thereby bringing the Company current in all of its required 10-K filings to the SEC.

Clark A. Marcus, the Company's Chairman and CEO, stated, "While it took considerably longer than anticipated, the Company is extremely pleased that its accountants and independent auditors have successfully prepared and the Company has filed its 10-K for fiscal years ending 2013 and 2014.  Even prior to this filing, the Company’s accountants and auditors have been engaged and coordinating on the filing of the Company’s next 10-K report, which will cover fiscal years ending 2015 through 2017.  Our accountants and auditors have advised us that this next 10-K should be ready for filing by July 30, 2018.  This will complete the final step to bringing the Company current in all of its 10-K filing requirements. Notably, the quarterly 10-Q reports for 2018 to the SEC will be filed shortly thereafter, which will bring all of its SEC filings current.”

Mr. Marcus went on to say, “In advance of the next 10-K filing, the Company intends to make periodic announcements of events that the Company believes places it as the premier sleep apnea program in the nation with a 'blue-collar' client base.  The Company is extremely proud of its achievements over the last three years, and we thank those partners and shareholders who have stood by the Company throughout.  We believe that their patience will be rewarded.”

About Advanzeon Solutions, Inc.
Established in 1969, Advanzeon, through its subsidiaries, owns and operates the nation's most complete sleep apnea program known as SleepMaster Solutions™ (the "Program"). Headquartered in Tampa, Florida, the Company's Program is available in all fifty states, Washington D.C. and Puerto Rico. The Program focuses on personalized attention, flexibility, a commitment to high-quality services and innovative approaches that address both the specific needs of clients and changing healthcare industry demands. For more information, visit our website at www.advanzeon.com.

Forward-Looking Statements
This press release contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. In some cases, you may identify forward-looking statements by words such as "may," "should," "plan," "intend," "potential," "continue," "believe," "expect," "predict," "anticipate" and "estimate," the negative of these words or other comparable words. These statements are only predictions. One should not place undue reliance on these forward-looking statements. The forward-looking statements are qualified by their terms and/or important factors, many of which are outside the Company's control, involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially from the statements made. The forward-looking statements are based on the Company's beliefs, assumptions and expectations of our future performance, taking into account information currently available to the Company. These beliefs, assumptions and expectations can change as a result of many possible events or factors, not all of which are known to the Company. Neither the Company nor any other person assumes responsibility for the accuracy or completeness of these statements. The Company will update the information in this press release only to the extent required under applicable securities laws. If a change occurs, the Company's business, financial condition, liquidity and results of operations may vary materially from those expressed in the aforementioned forward-looking statements.

Contact:
Philip Pulver
Communications Director
Tel: 509-528-9212
Email: ppulver@pvmsco.com