SOURCE: Progressive Care Inc

Progressive Care Inc

August 29, 2016 08:14 ET

Progressive Care Receives Building Permits

MIAMI, FL--(Marketwired - August 29, 2016) - Progressive Care Inc. (OTC PINK: RXMD), through its subsidiary Pharmco LLC, a South Florida health services organization and provider of prescription pharmaceuticals specializing in health practice risk management, compounded medications, the sale of anti-retroviral medications and related medication therapy management, and the supply of prescription medications to long term care facilities, announces receipt of all building permits from the City of North Miami Beach.

On August 26, 2016, the City of North Miami Beach issued all building permits to PharmCo, LLC to begin construction on the warehouse expansion space. Construction is set to begin September 1, 2016 and take approximately six to eight weeks for completion. Upon completion of the build out, the ScriptPro Pharmacy Automation System will be installed.

"We are excited to finally begin construction," stated S. Parikh Mars, CEO. "This is an important next step in our development and we are excited to begin ramping up our long term care sales and utilizing the new ScriptPro system."

About Progressive Care

Progressive Care, Inc. (OTC PINK: RXMD), through its subsidiary PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals specializing in health practice risk management, compounded medications, the sale of anti-retroviral medications and related medication therapy management, and the supply of prescription medications to long term care facilities.

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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 intended terms of the offering, closing of the offering and use of any proceeds from the offering. 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.