TAMPA, Fla., Oct. 26, 2005 (PRIMEZONE) -- Rx Processing Corporation (Pink Sheets:RXPC), a leading source of low-cost prescription medications for millions of Americans who are under-insured or have no prescription insurance coverage, reveals that Harrington's Professional Arts Pharmacy, Inc. (Harrington's) in Naples, Florida, is an FDA-approved supplier, supporting re-importation storefronts such as Canada Drugs Service Inc. operated by Ted Farrah.
Rx Processing Corp.'s, strategic relationship with Harrington's Pharmacy provided Americans credence to a business model once viewed with political controversy. Since 2004, our business model has proven itself working through technology and utilizing independently owned pharmacies like Harrington's and Discount Mail Meds in Florida as mail-order distribution points. These actions opened competition in the pharmacy industry by combining the power of independent retail pharmacy locations and mail-order fulfillment at one point of service.
Rx Processing Corp.'s niche market of connecting consumers to independent pharmacies domestically and internationally has opened access to cost controlled international sources and FDA-approved domestic supply chains through Rx Processing Corp., which is developing quicker than anticipated, through innovations in developing technology infrastructure, which will increase the company's distribution abilities as the market expands for cost controlled affordable prescription drug healthcare.
Management recognizes the contributions of longstanding shareholder Tim Hayes, Director of Pharmacy at Rx Processing Corp., in helping United States citizens accept the sourcing of prescription drugs by proving the companies mainstream business model through businesses like Harrington's. Management foresees that our business model is sure to gain momentum across all 50 states in the near future as individuals realize the pharmacies we use have the same distribution sources as major U.S. retailers.
Peter Fiorillo, CEO of Rx Processing Corp., commented, "The help proving Rx Processing Corp.'s business model by Tim Hayes has led the millions of Florida residents and United States citizens to see the buying of prescription drugs internationally from countries like Canada, the United Kingdom and New Zealand as an acceptable mainstream business practice. I foresee an increase in pharmacies like Harrington's opening up their locations to source prescription drugs internationally. Tim Hayes, you embody the sourcing of prescription drugs internationally and domestically and your future generations will recognize your contributions."
About Rx Processing
Rx Processing is positioned to become a market leader in providing prescription drugs, lab tests and drug tests to U.S. citizens, corporations, unions, and members, through FDA-approved patient service centers, for their lab testing and licensed pharmacies in the United States and Canada. The company provides access to approved brand-name and generic medications, as well as over 1,000 lab tests through storefront locations with access to 4,000 FDA-approved patient service centers for their lab testing. Rx Processing estimates that more than 40 million Americans could benefit from the company's low-cost prescription drugs, lab testing and drug screening.
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. Harrington's Professional Arts Pharmacy Inc., Canada Drugs Service Inc. and Discount Mail Meds are not owned or operated by Rx Processing Corp. and all copyright or trademarks are owned by the specific entity. Rx Processing Corp. is highlighting specific business facts. Rx Processing Corp. has proceeded to end relations and utilize other suppliers since working with Harrington's and Discount Mail Meds.