TAMPA, Fla., Oct. 18, 2004 (PRIMEZONE) -- Rx Processing Corporation (Pink Sheets:RXPC), one of the nation's leading sources of low-cost prescription medications, announced today that in comparison to the third quarter of 2003, the third quarter of 2004 sales for its Spring Hill store have increased over 100% from $102,192 in Q3 2003 to $230,656 in Q3 2004.
The Spring Hill store location has continually been one of the Company's strongest revenue centers. Rx Processing and its sales affiliate locations are increasingly becoming the accepted method to order safe and affordable prescription drugs. The Company currently supports over 130 storefront affiliates, saving American consumers an estimated $2.5 million dollars. With state-of-the-art technology and additional sales locations opening every week, the Company is well positioned to capture the expanding consumer base of Americans seeking safe and affordable prescription drugs.
"We are very pleased with Rx Processing's performance to date and expect to continue to deliver strong sales increases as we position RXPC as a leading provider of low-cost prescription medications," stated Peter Fiorillo, CEO Rx Processing Corp. "In the next few months Rx Processing will be passing through key milestones as it achieves all the elements associated to its business plan including the addition of large group contracts, expanding technology with "VOIP" Voice over Internet Protocol communications, and increase customer service personnel to support our sales and marketing initiatives."
RX Corporation is rapidly become a market leader in providing prescription drugs to US Citizens, corporations, unions and prescription benefit plans through licensed pharmacies in the United States and Canada. The Company provides access to over 1500 approved name brand and generic medications ready for distribution in the US market. Utilizing Rx Processing, U.S. citizens can save 25%-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.