TYSONS CORNER, VA — (Marketwired) — 12/10/14 — (OTCBB: SCRC) today announced that the Company has secured a $4 million line of credit from Triumph Healthcare Finance. The line of credit will be used by ScripsAmerica to fund the expansion of its specialty pharmacy operations in the US and pay off its current high interest debt."We view our collaboration with ScripsAmerica not just as a loan, but as the beginning of a value-added relationship," stated Jennifer Sheasgreen, President
Express Rates Are up to 25 Percent Less Than the Industry Average
WEST PALM BEACH, FL — (Marketwired) — 12/09/14 — Forward Industries, Inc. (NASDAQ: FORD) ("Forward" or the "Company"), a designer and distributor of custom carry and protective solutions, today announced financial results for its fiscal year ended September 30, 2014.Forward generated an operating loss of ($0.1) million in fiscal 2014 compared to operating income of $0.7 million in fiscal 2013. Notwithstanding an increase in sales volumes and net sales revenue year on year
Bags increasingly replace metal tins and rigid containers. The market research institute Ceresana analyzed the European market for flexible packaging made from plastics, paper, and aluminum.
TYSONS CORNER, VA — (Marketwired) — 12/03/14 — (OTCBB: SCRC) today announced that its wholly owned subsidiary, Main Avenue Pharmacy, reported $5,257,753 in approved orders during November of 2014. This represents the third consecutive month that ScripsAmerica–s specialty pharmacy generated over $5 million in sales.CEO of ScripsAmerica, Bob Schneiderman, commented, "We are pleased that our specialty pharmacy continues to report tremendous revenues and is maintaining an annual run rate o
Wholly Owned Subsidiary, Simply Lids Inc., Nominated for Prestigious Edison Award
SEATTLE, WA — (Marketwired) — 12/02/14 — (NASDAQ: ATOS) today announced that it has contracted with Rhenus Advanced Services B.V. to provide comprehensive logistics services and support in European markets.Rhenus will provide Atossa with logistics services and support throughout European markets from its facilities located in Tilburg,The Netherlands, including warehousing, packaging, shipping, invoicing and collections. The Rhenus global operations include more than 390 locations and 24,000
TYSONS CORNER, VA — (Marketwired) — 12/01/14 — (OTCBB: SCRC), today announced that it has exercised an option to acquire 90% of PIMD International, LLC, ("PIMD"), a Florida-based pharmaceutical wholesaler that the Company has had a working relationship with since the fourth quarter of 2013.In October 2013, ScripsAmerica initially entered a purchase agreement to acquire 90% of the membership units in PIMD, subject to certain conditions including PIMD–s ability to obtain the necessa
WEST PALM BEACH, FL — (Marketwired) — 11/26/14 — Forward Industries, Inc. (NASDAQ: FORD)Forward Industries, Inc. (NASDAQ: FORD) today issued the following open letter to shareholders reviewing the strategic direction for the Company pursued over the past year, including organic growth, a potential acquisition, and other strategic alternatives for our existing business.Dear Shareholders:Since the current management team, including CEO Robert Garrett, Jr., took over leadership at Forward Indus
DUSSELDORF, GERMANY — (Marketwired) — 11/25/14 — The European Pallet Association e.V. has always declared itself in favour of continuing with common exchangeability, despite the fact that the UIC broke away from EPAL in December 2012. The approach taken by EPAL has been supported by GS1, leading German trade associations, ARGE Palettenpool, the majority of pallet users and the licensees. With the signing of the agreement regarding the Common European Pallet Pool, the UIC is now following thi
