Progressive Care Begins Development of Proprietary Tele-pharmacy Software for Exclusive Use

MIAMI – May 24, 2018Progressive Care Inc. (OTCQB: RXMD), a personalized healthcare services and technology company, today announced that the company has started the development of its own proprietary tele-pharmacy software in order to digitally communicate with patients, physicians, pharmacists and caretakers across the world.

Leading Florida-Based Healthcare Services and Technology Company Expands its Kiosk Program in Florida

The move comes as part of Progressive Care’s overall effort to expand its current kiosk program throughout the state of Florida. The company has hired six new software coders to work alongside Mass Ventures Corporation and deliver a state of the art multi-platform technology capable of running on kiosk, desktop, and mobile devices. In addition to developing its own proprietary software, the new team will also be updating the website of the company wholly owned subsidiary, PharmCo, LLC.

“Our success with prescription management has allowed us to begin developing our own proprietary tele-pharmacy software. After configuring a third-party platform in our kiosks, we realized the need to develop a more customized solution for our customers,” said S. Parikh Mars, CEO of Progressive Care Inc. “We believe that with the completion of this new software, along with Progressive Care’s current contingent of pharma-robotic equipment, we will be that much closer to becoming the leader in personalized healthcare services and technology.”

Mars continued, “Progressive Care remains committed to evolving the technology of our tele-pharmacy services. This is one of many steps we are taking to expand the technological development of the Company.”

The new software will be designed with a secure interface for both providers and patients to offer a more personalized healthcare experience for both audiences. Additionally, a new design and database modeling will be integrated into the program.

Progressive Care continues to add to its healthcare technology offering through the purchase of a new TCGRx Automated Pouch Packing System for its Miami-Dade County PharmCo location, set to be installed in June 2018. The company also recently announced the rollout of its online prescription management solution, as well as its decision to begin accepting Bitcoin payments from customers in February of 2018.

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About Progressive Care Inc.

Progressive Care Inc. (OTCQB: RXMD), through its 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, and health practice risk management.

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 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.

Public Relations Contact:

Tory Patterson, CMW Media

Public Relations Consultant

Tory@cmwmedia.com

www.cmwmedia.com

 

Investor Relations Contact:

Armen Karapetyan

Progressive Care Inc

Senior Business Development Consultant

Pharmco, LLC

General Manager

Phone: 305-919-7399 ext. 201

Fax: 305-945-8098

armen@progressivecareus.com

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