Assured pharmacy inc

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Assured Pharmacy Reports Same Store Sales for the Month of November 2010

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{"s" : "aphy.pk","k" : "a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00", "o" : "","j" : ""} Press Release Source: Assured Pharmacy, Inc. On Monday December 20, 2010, 5:30 pm EST
FRISCO, Texas, Dec. 20, 2010 /PRNewswire-FirstCall/ -- Assured Pharmacy (Pink Sheets:APHY.pk - News), 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 November 2010 were $1,465,938 which equates to $73,297 per business day. It represents an increase of 31.2 percent when compared with total sales of $1,117,206 for November 2009 which equates to $58,800 per business day. This also represents an increase of 6.0 percent compared with total sales per business day of $69,163 for October 2010 and an increase of 0.9 percent compared with total sales of $1,452,417 for October 2010.

"We are pleased with our November sales results and our continued patient growth with 3,182 patients serviced in the month of November," 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.