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Corporate Profile for Park Pharmacy Corporation, dated June 30, 2000.


Business Editors

--(BUSINESS WIRE)

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.


Published Date:   June 30, 2000

Company Name:     Park Pharmacy Corporation

Address:          10711 Preston Road, Suite 250
                  Dallas, TX 75230

Main Telephone
 Number:          214/692-9921

Internet Home
 Page Address
  (URL)           www.rx-pro.com

Chief Executive
 Officer:         Thomas R. Baker

Chief Financial
 Officer:         Nancy Graham, CPA

Investor Relations
 Contact:         Thomas R Baker
 Business number: 214/692-9921
 E-mail address:  tbaker@doughertys-ravens.com

Public Relations
 Contact:         Thomas R Baker
 Business number: 214/692-9921
 E-mail address:  tbaker@doughertys-ravens.com

Industry:         Retail Pharmacy

Trading Symbol/
 Exchange:        OTC BB:PPRX

Market Makers: Sherwood Securities, Rocky Mountain Securities, Paragon
Securities Corp, Troster Singer, Hill Thompson, NAIB Trading Co, GVRC,
USCT, NITE


Company description:

Sector: Retail -- Drug Stores -- Internet Medical

Records and Prescription Transmission and

Wholesale Pharmacy pharmacy, art of compounding and dispensing drugs and medication. The term is also applied to an establishment used for such purposes. Until modern times medication was prepared and dispensed by the physician himself. In the 18th cent.  Supply

Sales: $22 Million

Net Income: $ .484 Million

Employees: 115

Officers: Joe B. Park, Chairman

Thomas R. Baker, President, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.

Jim Moncrief, Executive Vice President

Gwendolyn L. Park, VP/Secretary/Treasurer

Nancy Graham, CFO See Chief Financial Officer.

Web Address: http://www.rx-pro.com

Profile Summary

Park Pharmacy Corporation owns and operates retail pharmacies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The company also operates durable medical equipment Durable medical equipment is a term of art used to describe certain Medicare benefits, that is, whether Medicare may pay for the item. The item is defined by Title XVIII the Social Security Act:

 sales, along with institutional and IV Infusion pharmacies. The pharmacies offer 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,  and over-the-counter medications, as well as general merchandise. The company also owns Total Pharmacy Supply, a wholesale supply company and Rx-Pro.Com, Inc. an Internet based pharmacy provider.

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.
 Statement Under 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: Statements in this press release that are not historical facts, including statements about plans and expectations regarding businesses and opportunities, demand and acceptance of new and existing businesses, capital resources, and future financial condition and results are forward-looking. 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.
 involve risks and uncertainties, which may cause Park's actual results in future periods to differ materially and adversely from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new businesses, loss of Park's customers, competition, and other factors discussed from time to time in Park's filings with the Securities and Exchange Commission.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 30, 2000
Words:372
Previous Article:Corporate Profile for GreatCities Inc., dated June 30, 2000.
Next Article:Corporate Profile for Network Technology Group, dated June 30, 2000.



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