HASC News HASCO Medical Announces Record Quarte

ADDISON,Texas, Aug. 13, 2012 /PRNewswire/ -- HASCO Medical, Inc. (OTCBB: HASC), www.HascoMed.com , a Company that conducts sales of handicap accessible vans, parts, service and rental operation in sixteen locations from Maine to Florida and sales of medical equipment and supplies in Alabama , Florida and Mississippi , announced today their second quarter profit and sales results.

HASCO Medical, Inc.'s Q2 profit increased to approximately $202,957 from a loss of $(37,691) last year. That is a significant increase from Q1 which increased to $51,650 this year from a loss of $(155,656) last year. This puts HASCO Medical, Inc. at a total year-to-date profit through June of $254,607 vs. a loss of $(193,398) last year for the same period.

HASCO Medical, Inc. had the same outstanding results on its top line sales volume. Q2 sales increased to $19.7 million this year from $1.9 million last year. That is another impressive increase from Q1 this year which increased to $8,825,230 vs. $484,329 last year. The total top line sales year-to-date through June increased $38.3 million from $2.3 million last year.

"We are beginning to see the synergies and benefits of our growth through the acquisition of Mobility Freedom in May 2011 and Ride-Away in March of this year. We have worked to put in place programs and Team Members to increase accountability and profitability in our operations," stated Hal Compton , CEO of HASCO Medical, Inc. "I am encouraged by the fact that we were able to see the financial results of these programs so quickly as you can see from our Q1 to Q2 results."