FRISCO, Texas, Sept. 29 /PRNewswire/ -- Assured Pharmacy (Pink Sheets:APHY.pk - News), a pharmacy service healthcare organization operating a chain of specialty pharmacies providing advanced prescription medication fulfillment solutions to sufferers of chronic pain, is pleased to announce that it has retained UHY, LLP ("UHY") to serve as the Company's independent auditors. The decision to engage UHY was based on the Company's preference for a PCAOB accounting firm with national recognition and a strong regional presence that also has significant experience working with emerging growth companies.
"We are pleased to have engaged UHY as our independent auditors," said Robert DelVecchio, CEO of Assured Pharmacy. "We are working diligently towards having UHY complete an audit of our financial statements for the fiscal years ended December 31, 2009 and 2008. Going forward, our intention is to release our financial statements on a timely basis and have our annual financial statements audited. These actions are part of our plan to provide timely and accurate disclosure to our stockholders and further increase the transparency of our operations."
About Assured Pharmacy
Assured Pharmacy, Inc. is a growing chain of specialty pharmacies that provide advanced prescription services to a diverse array of medical professionals and their patients. Assured Pharmacy is committed to providing these physicians and patients with a better prescription process through four community locations. This enhanced process is achieved by blending our specialized service model with focused pharmacology. Our business model targets physicians specializing in pain management – anesthesiology, orthopedics, neurology, oncology, psychiatry, physical rehabilitation and industrial medicine. The focus is on treating patients with long-term, acute, chronic pain conditions.
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.
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