TYSONS CORNER, Va., Oct. 23, 2013 (GLOBE NEWSWIRE) -- ScripsAmerica, Inc. (OTCBB:SCRC) today announced that the Company's acquisition target, PIMD International, launched a new product website www.pimdsupplies.com exclusively to market and sell medical supplies online.
ScripsAmerica recently announced an agreement to acquire PIMD International, a pharmaceutical wholesaler that services pharmacies, hospitals, and physicians by providing access to specific medications for end users as well as medical devices. By expanding its offerings to include medical supplies, the Company intends to significantly increase its revenue potential. PIMD's new website offers thousands of medical supplies that can be searched for by specific markets, categories, brands and vendors.
"PIMD's new product website is a key development which should immediately increase the company's revenue potential leading up to and following our acquisition. Dr. Vanessa Gonzalez has exceeded our expectations regarding how quickly the new site and medical supply distribution operations would go live which is very exciting and bodes well for the future of PIMD, ScripsAmerica and our shareholders," commented CEO of ScripsAmerica, Bob Schneiderman.
About ScripsAmerica, Inc.
ScripsAmerica, Inc. is a supplier of prescription, OTC and nutraceutical drugs, delivering pharmaceutical products to a wide range of end users across the health care industry. End users include retail pharmacies, hospitals, long-term care facilities and government and home care agencies. For more information, visit www.ScripsAmerica.com.
Safe Harbor Statement
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: 888-959-7095Source:ScripsAmerica, Inc.