TAMPA, Fla., Nov. 17, 2004 (PRIMEZONE) -- Rx Processing Corporation (Pink Sheets:RXPC) one of the nation's leading sources of affordable prescription medications, announces that its Canada Drugs of Spring Hill Division opened two new Company owned and operated storefronts in Spring Hill, Florida, to sell FDA approved American and Canadian government approved prescription drugs. Rx Processing continues to open additional storefront locations and plans to acquire top producing sales affiliate storefronts in the near future, with the goal of reaching 50 company owned storefronts by December 2005. The Company is focused on improving its fundamentals to ensure long-term success.
Peter Fiorillo stated, "The opening of two Company owned storefronts this week was spearheaded by John Monticciolo, a kidney transplant patient living in Spring Hill, Florida. His focus and persistence furthers the Company's growth curve while continually moving Rx Processing Corp. toward our goal of attaining 100,000 additional clients by year-end 2005. Most importantly, Rx Processing is demonstrating that it has the resources, ingenuity and integrity to meet the challenges of a changing industry in a time of globalization while at the same time preserving American jobs."
John Monticciolo commented, "I take pride in helping Mr. Fiorillo provide access to safe and affordable prescription drugs for Americans by helping open up storefronts for Rx Processing Corp. The prescription drug I take daily since my kidney transplant is offered by Rx Processing Corp. This drug keeps my body from rejecting the implanted kidneys. Without the Company, I could not afford this prescription drug, this company is keeping me alive; 'literally'."
Americans who have no prescription insurance coverage have turned to Rx Processing, which offers FDA approved American generic and low-cost Canadian brand name drugs. Rx Processing's state-of-the-art technology finds the best prescription drug prices for these customers by sending their prescriptions to licensed pharmacies to be filled. Rx Processing provides access to prescription drugs for the 40 million Americans without prescription drug coverage that spend billions of dollars on their prescription drugs per year.
Rx Processing is rapidly becoming a market leader in providing prescription drugs to U.S. Citizens, corporations, unions, and prescription benefit plans through licensed pharmacies in the United States and Canada. The Company provides access to over 1,500 approved name brand and generic medications ready for distribution in the U.S. market through its Company owned and operated storefront locations and over 140 affiliated storefronts. By utilizing Rx Processing, U.S. citizens can save up to 84% on their daily prescriptions. These reduced cost medications are available at the Company's affiliate retail storefronts and information about the company can be found at www.rxprocessingcorp.com.
Safe Harbor Statement
All statements other than statements of historical fact included in this press release are "forward-looking statements." The forward-looking statements, including statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements (i.e., future operational results and sales) are subject to assumptions and beliefs based on current information known to the Company and factors that are subject to uncertainties, risk and other influences, which are outside the Company's control, and may yield results differing materially from those anticipated.