PHOENIX, April 10, 2018 (GLOBE NEWSWIRE) -- Progressive Care Inc. (OTCQB:RXMD) (the “Company”), a healthcare services and technology company, reports progress in all areas of focus.

“The Company’s purchase of the Palm Beach pharmacy is moving forward smoothly,” commented Mars.  “We will benefit greatly from this acquisition, which provides Progressive Care with a fully operating, established location that expands our reach another 100 miles.  We have assumed day-to-day management of the pharmacy and expect to close in June.”

“This acquisition will be complete at $300,000, a highly favorable price for Progressive Care,” said Jolly.  “What else is the Company focusing on in the near term?”

“Currently we sell CBD and are determining how best to incorporate the product in a more meaningful way,” Mars continued.  “This has led to talks with multiple CBD manufacturers.

“Finally, we are making inroads with our Kiosks, which give access to pharmacy services in a place convenient for patents and providers.  Thus far we have received positive feedback and look forward to the future of this technology.”

To listen to the full interview please click here to the following link: https://upticknewswire.com/featured-interview-ceo-shital-mars-of-progressive-care-inc-otcqb-rxmd-3/

Click link for more information on the Company’s new pharmacy: Definitive Agreement

About Progressive Care
Progressive Care Inc. (RXMD), through its subsidiaries Smart Medical Alliance, Inc. and PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals, compounded medications, provider of tele-pharmacy services, the sale of anti-retroviral medications, medication therapy management (MTM), the supply of prescription medications to long term care facilities, administration and practice management, utilization management, quality assurance, EHR Implementation, billing and coding, and health practice risk management. For more information visit: http://progressivecareus.com

Cautionary Statement Regarding Forward Looking Statements
Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements reflect the Company’s expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. These statements include but are not limited to statements regarding the company evolution and growth, financial strength for research and development. When used herein, the words “anticipate,” “believe,” “estimate,” “upcoming,” “plan,” “target,” “intend” and “expect” and similar expressions, as they relate to Progressive Care Inc., its subsidiaries, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements.

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Contact:
Armen Karapetyan
Senior Advisor Business Development
armen@progressivecareus.com
www.progressivecareus.com
www.pharmcopharmacy.com

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