FRISCO, Texas, March 2, 2011 /PRNewswire/ -- Assured Pharmacy
(Pink Sheets: APHY), a leading specialty pharmacy group providing
prescription medications to more than 3,000 sufferers of chronic
pain announced that total sales on a same store basis for the month
of December 2010 were $1,514,984 which equates to $70,464 per business day. It represents an
increase of 12.4 percent when compared with total sales of
$1,348,344 for December 2009 which equates to $62,714 per business day. This also
represents a decrease of 3.9 percent compared with total sales per
business day of $73,297 for
November 2010 and an increase of 3.4
percent compared with total sales of $1,465,938 for November
2010.
"We are pleased with our December sales results and are also
excited to announce that we reached the 10,000 prescriptions filled
milestone for the first time, with a total 10,340 prescriptions
filled in the month of December," said Robert DelVecchio, Chief Executive Officer of
Assured Pharmacy. "As these sales figures reflect, we remain
on track for increased sales and market share growth, improved
earnings at the store level and stronger cash flow."
About Assured Pharmacy, Inc.
Assured Pharmacy, Inc. is engaged in the business of operating
specialty pharmacies that primarily dispense highly regulated pain
medication. The Company derives its revenue primarily from
the sale of prescription drugs and does not keep in inventory
non-prescription drugs or health and beauty related products
inventoried at traditional pharmacies. The majority of the
Company's business is derived from repeat business from its
customers. "Walk-in" prescriptions from physicians are
limited. The Company currently has four operating pharmacies.
Three of those pharmacies are wholly owned and the Company
has a 94.8% ownership interest in the other pharmacy.
Safe Harbor Statement
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Act of 1934. These
forward-looking statements are based largely on the expectations or
forecasts of future events, can be affected by inaccurate
assumptions, and are subject to various business risks and known
and unknown uncertainties, a number of which are beyond the control
of management. Therefore, actual results could differ
materially from the forward-looking statements contained in this
press release. A wide variety of factors that may cause
actual results to differ from the forward-looking statements
include, but are not limited to, the following: the Company's
ability to increase revenue and profits in the current economic
climate; the effect of changing economic conditions; lack of
sufficient financing for opening new pharmacies; inability to
manage growth; and changes in government regulations, controls and
similar matters. These cautionary statements should not
be construed as exhaustive or as any admission as to the adequacy
of the Company's disclosures. The Company cannot predict
or determine after the fact what factors would cause actual results
to differ materially from those indicated by the forward-looking
statements or other statements. The reader should
consider statements that include the words "believes", "expects",
"anticipates", "intends", "estimates", "plans", "projects",
"should", or other expressions that are predictions of or indicate
future events or trends, to be uncertain and
forward-looking. The Company does not undertake to
publicly update or revise forward-looking statements, whether as a
result of new information, future events or
otherwise.
Investor Contact:
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Mr. Robert
DelVecchio
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Chief Executive
Officer
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Assured Pharmacy,
Inc.
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(214) 220-9302
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investors@assuredrxservices.com
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www.assuredrxservices.com
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SOURCE Assured Pharmacy, Inc.