FRISCO, Texas, June 8, 2011 /PRNewswire/ -- Assured Pharmacy (Other OTC: APHY.PK), a leading provider of specialty pharmacy services to patients and physicians in the treatment of chronic pain, has hired The Investor Relations Group ("IRG"), a fourteen-year-old, award-winning, corporate communications firm based in New York City, to serve as its investor relations and public relations agency.
IRG's investor relations team will target specific portfolio managers and equity analysts in the global investment community to increase awareness of Assured Pharmacy's network of specialty pharmacies that primarily dispense highly regulated pain medication. Concurrent with that effort, the public relations team will initiate an outreach campaign targeting editors, writers, and segment producers of local and national trade and consumer online, print, radio, and broadcast media outlets worldwide.
"Assured Pharmacy has outlined a bold set of initiatives for the rest of 2011 and beyond, and we are confident that IRG will serve as an excellent liaison to the investment community and the media at large," commented Robert DelVecchio, Chief Executive Officer. "More than 75 million Americans suffer from a form of chronic pain. Faced with ever-stricter legal regulations on the dispensing of pain medications—including opioid painkillers such as OxyContin—physicians and chronic pain sufferers are finding it increasingly challenging to safely prescribe and obtain these medications. Through our network of pharmacies, which work together with doctors and patients, Assured Pharmacy is dedicated to the goal of preserving the right of legitimate patients to obtain their prescriptions in a safe, timely and consistent manner. We look forward to working with IRG as we achieve our objectives and will update the investment community as we move ahead."
IRG's corporate communications program includes new media and multimedia initiatives that involve the creation of broadcast-ready corporate videos, podcasts, and the creation of social networking and video service accounts. The Investor Relations Group is a multiple winner of the "Stevie Award" for Investor Relations, and was named a finalist in the Best Media Website category from the 2009 American Business Awards.
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. For more information, please visit the company's website at http://www.assuredrxservices.com.
About The Investor Relations Group, Inc.
The Investor Relations Group, Inc. (IRG) offers a full-service corporate communications program designed to suit the many unique needs of Alternative Public Offering (APO) companies. The program utilizes a proprietary, targeted approach to reach institutional investors, analysts, and the media-at-large. For further information, please visit the company's website at http://www.investorrelationsgroup.com.
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.
The Investor Relations Group
11 Stone St. 3rd Floor
New York, NY
IR: Erika Moran/Adam Holdsworth
PR: Janet Vasquez/Laura Colontrelle
|SOURCE Assured Pharmacy, Inc.|
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