TAMPA, Fla., July 2, 2004 (PRIMEZONE) -- Rx Processing Corporation (Pink Sheets:RXPC) announces today that the State of Florida's recent offer to facilitate the process of becoming licensed as a mail-order storefront is encouraging. Rx Processing is in the business of providing U.S. citizens with access to low-cost Canadian prescription pharmaceuticals. The Company believes that these steps taken by the Florida Department of Health will expedite their initiatives.
The State of Florida health officials announced Tuesday they would take action to make it easier for storefronts that offer Canadian prescription drugs to become licensed in Florida -- only a week after warning a dozen such stores they would be shut down. The Department of Health's new efforts are meant to protect consumers by encouraging more stores to become licensed so the state can regulate and monitor them.
George Donnelly the Chief Operating Officer of Rx Processing Corp stated, "This is good news for Florida residents, as this recent acknowledgement by the Department of Health makes it easier for Canadian prescription services to become licensed as mail-order storefronts. A recent report that sighted a lack of safety controls from licensed Canadian pharmacies was only a scare tactic as the General Accounting Office reported that many Canadian pharmacies have in fact stricter standards than those in the United States."
About Rx Processing Corporation
Rx Processing is in the business of providing U.S. citizens with access to low-cost Canadian prescription pharmaceuticals. Current international pricing controls regulate the prices pharmaceutical companies can charge in their local market. The Company under the U.S. Government's Meds Act of 2000, provides U.S. citizens with access to these low-cost prescription drugs. Utilizing Rx Processing, U.S. citizens can save 25% - 84% on their daily prescriptions. These reduced cost medications are available at the Company's retail storefronts and through the website at www.mycanadadrugs.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.