Progressive Care Appoints Oleg Firer as an Independent Board
Member
MIAMI, FL (InvestorsHub NewsWire -- September 25 2017) -
Progressive Care Inc. (OTC PINK:
RXMD), through its subsidiaries is a leading regional health
services organization, provider of pharmaceuticals, anti-retroviral
medications, medication therapy management (MTM), billing and
coding services, health practice risk management and
administration, announced today that Oleg Firer has been appointed
as an independent board member to the Progressive Cares Board of
Directors effective October 1, 2017.
Mr. Firer is an experienced leader and a visionary with the
knowledge in corporate transactions, financial services, wireless
technology and logistics. Mr. Firer currently serves as the Chief
Executive Officer and Director of Net Element, Inc. (NASDAQ: NETE),
global financial technology and value-added solutions group that
supports electronic payments acceptance in an omni-channel
environment. Prior to Net Element, Mr. Firer served as the
Executive Chairman of Unified Payments and has led the company from
its inception until its acquisition by Net Element in April of
2013. Under his leadership, Unified Payments' revenues grew by
23,646% over 3-year period and Inc. Magazine ranked the company as
#1 fastest-growing company in 2012. Prior to Unified Payments, Mr.
Firer held senior executive positions in private equity, payment
processing, wireless communications and technology companies. Mr.
Firer was recognized by Forbes as one of the 5 Incredible
Entrepreneurs and by Business Leader Magazine as a Top Entrepreneur
in South Florida, named by Poder Magazine as one of the Most
Influential People in Miami and recognized by Inc. Magazine as the
founder of the fastest-growing private company in 2012. Mr. Firer
is a board/advisory member of various companies including:
E2Exchange, Star Capital, SarTeleMed and InList. Mr. Firer also
holds a diplomatic rank of the Ambassador Extraordinary and
Plenipotentiary.
I am very excited to be working with the Progressive Care team,
commented Oleg Firer. Progressive Care is a rapidly growing company
and I look forward to contribute in a meaningful way to the
companys growth and evolution.
We have known Mr. Firer for over 10 years, stated S. Parikh
Mars, CEO. Mr. Firer has exemplary credentials as executive
management and leader of public companies. His expertise in
corporate transactions and financial services will be extremely
valuable in navigating the growth and expansion of the company to
new levels. We are excited that he accepted our offer to become a
member of the board.
About Progressive Care
Progressive Care, Inc. (OTC PINK:
RXMD), through its subsidiaries Smart Medical Alliance, Inc.
and PharmCo, LLC, is a South Florida health services organization
and a leading regional provider of prescription pharmaceuticals
specializing in health practice risk management, compounded
medications, the sale of anti-retroviral medications and related
medication therapy management, utilization management, quality
assurance, billing and coding, health practice risk management, and
the supplier of prescription medications to long term care
facilities. Further information is available at www.progressivecareus.com.
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 Companys
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.
Contact:
Armen Karapetyan
Senior Advisor Business Development
armen@progressivecareus.com