Comprehensive Signs a Contract with Lehigh County in the State of Pennsylvania.YONKERS, N.Y. -- Comprehensive HealthCare Solutions, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BB CMHS CMHS Center for Mental Health Services CMHS Community Mental Health Services CMHS Cabell Midland High School (West Virginia) CMHS Costa Mesa High School CMHS Cheyenne Mountain High School (Colorado Springs, CO) .OB) announces they have signed a contract with the County of Lehigh in Pennsylvania on July 18, 2005. Lehigh County intends to make available private labeled discount prescription benefit cards, provided by Comprehensive, to approximately 320,000 of their county's residents. Lehigh County is home to the state's third largest city, Allentown. "Americans are paying more for prescription drugs prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug, than ever before", County Executive Jane R. Ervin said. "We in Lehigh County want to do what we can to help our citizens get the medications they need at more affordable prices so that they can maintain a healthy standard of living." "And the beauty of this alliance with Comprehensive lies in the fact that we can provide this opportunity to Lehigh County residents at no cost to the County and at no cost to participants," Executive Ervin said. In the July 20, 2005 edition of Allentown's Morning Call, Lehigh County's largest daily newspaper, Lehigh County Commissioner Kurt J. Derr said the proposal from Comprehensive allows users to buy drugs at more pharmacies This article is a list of major pharmacies (also known as chemists and drugstores) by country. Australia Pharmacies in Australia are mostly independently-owned by pharmacists, often operated as franchises of retail brands offered by the three major than a competitor's plan that had initially been considered including Rite Aid Rite Aid (NYSE: RAD) is a United States retailer and pharmacy chain, operating over 5,000 stores in 31 states and the District of Columbia. Rite Aid Corporation is one of the nation's leading drugstore chains. , Eckerd, Walgreens, CVS (1) (Concurrent Versions System) A version control system for Unix that was initially developed as a series of shell scripts in the mid-1980s. CVS maintains the changes between one source code version and another and stores all the changes in one file. and Wal-Mart. Lehigh County will begin to deliver Comprehensive's discount prescription card, through various distribution outlets including: libraries, senior centers, various county organizations and associations and the Allentown Fair. Information on how to obtain the cards will be provided through press conferences, cable TV, newspaper ads, seminars and posters located in high traffic areas throughout the county. Card distribution is expected to begin August 30th and continue through the fall. Paul Rothman, President of Comprehensive HealthCare Solutions, Inc. stated, "We are extremely pleased with this new municipality MUNICIPALITY. The body of officers, taken collectively, belonging to a city, who are appointed to manage its affairs and defend its interests. agreement, especially because it comes as a result of our first municipal contract with Luzerne County. The attention generated from the newspaper articles and other media coverage throughout the region has created interest from surrounding counties some of whom have inquired about obtaining the opportunity to provide the same benefits for their residents. With these first two counties signed, we have amassed over 600,000 potential residential users for Comprehensive's discount prescription card." Mr. Rothman added, "With an average use of 2.5 prescriptions per person per month and an estimated 15% of the population utilizing our prescription discount cards, it is expected that our relationship with Lehigh County will be very profitable." The Company generates revenues from approximately 85% of all prescriptions that are filled utilizing its prescription discount cards and believes that these revenues will begin to significantly impact the Company's third quarter operations. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " for forward-looking statements. This press release contains forward-looking statements regarding the intent, belief or current expectations of the Company and members of its senior management team. While the Company believes that its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that would cause actual results to differ materially from those contemplated within this press release include but are not limited to, those associated with general business conditions; client concentration; dependence on network providers; the timely and efficient implementation of customer contracts; developments in health care reform and other regulatory issues and changes in laws and regulations in key states where the Company operates; future capitol Capitol, seat of the U.S. Congress Capitol, seat of the U.S. government at Washington, D.C. It is the city's dominating monument, built on an elevated site that was chosen by George Washington in consultation with Major Pierre L'Enfant. needs; control by directors and officers; and the loss of key management personnel. Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this release. The Company disclaims any obligation to publicly update or revise any forward-looking statements contained herein to reflect events or circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or occurring after the date of this release or to reflect the occurrence of unanticipated events. |
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