SOURCE: HASCO Medical, Inc.

December 04, 2013 08:30 ET

HASCO Medical, Inc. Receives Orders for $2.5 Million of Wheelchair Accessible Taxicabs

Orders for Approximately 80 Toyota Taxis

ADDISON, TX--(Marketwired - Dec 4, 2013) - HASCO Medical, Inc. (OTCQB: HASC), www.HascoMed.com, a Company that conducts sales of handicap accessible vans, parts, service and rental operations in eighteen locations from Maine to Florida and sales of medical equipment and supplies in Florida, today announced receiving orders for approximately 80 wheelchair accessible taxi cabs to be deployed in the New York City market.

In mid November the city of New York released 200 ADA medallions for auction to taxi owners. HASCO has secured the inventory to fulfill two orders they have received from taxi companies for approximately 80 of these medallions. The city of New York has stated that they plan to release another 1800 medallions for auction over the next three years. Currently according to New York there are 233 handicapped accessible taxis on the road. These auctions will almost double the fleet on the roads of accessible taxis.

Hal Compton CEO of HASCO Medical states, "This is such a great purchase for our company and a huge win for our customer base. HASCO will continue to work with more taxi companies in various states to continue to provide accessible vehicles for every person that requires one."

About HASCO Medical, Inc.
HASCO Medical (www.HascoMed.com) provides products and services that dramatically improve the quality of living for its customers. The Company consists of Ride-Away (www.Ride-Away.com), Auto Mobility Sales (www.automobilitysales.com), Mobility Freedom (www.MobilityFreedom.com) and Wheelchair Vans of America (www.wcvans.com) on the Van Conversion/Rental side of the company and Certified Medical on the durable medical equipment side.

This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases you can identify those so-called "forward looking statements" by words such as "may," "will," "should," "expects," "plans," "targets," "believes," "anticipates," "estimates," "predicts," "potential," or "continue" or the negative of those words and other comparable words. These forward looking statements are subject to risks and uncertainties, product tests, commercialization risks, availability of financing and results of financing efforts that could cause actual results to differ materially from historical results or those anticipated. Further information regarding these and other risks is described from time to time in the Company's filings with the SEC, which are available on its website at: http://www.sec.gov. We assume no obligation to update or alter our forward-looking statements made in this release or in any periodic report filed by us under the Securities Exchange Act of 1934 or any other document, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws.

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