Ranked By Fortune Small Business Magazine Top 100, AMAC Picked As One of the Top 5 Small Cap Stocks to ''Bank On''
June 28 2007 - 3:30PM
Business Wire
According to FORTUNE Small Business Magazine, American Medical
Alert Corp. (NASDAQ:AMAC) has been picked by a group of 5 money
managers as one of the top five small stocks for holding the
promise for future returns, as part of the FORTUNE Small Business
Magazine�s seventh annual FSB 100 list of the fastest growing small
companies in America. The annual FSB 100 list, which is comprised
of public companies, appears in the July/August issue of FORTUNE
Small Business Magazine and is also available at FSB.com. This is
the second consecutive year that AMAC has made the FSB 100 list. As
reported by FSB, AMAC received a �thumbs up� by John McCraw,
managing director of Nicholas-Applegate US Micro Cap (nacm.com), a
small cap fund in San Diego, for its growing earnings per share and
its position in the marketplace. AMAC ranked 99 on the list, which
is comprised of public companies with annual revenues less than
$200 million and a stock price of more than $1. To compile the
seventh annual list, FORTUNE Small Business Magazine asked
financial research firm Zacks to rank public companies, based on
their percentage growth in earnings, revenue, and stock performance
over the past three years. Banks and real estate firms were
excluded. Jack Rhian, AMAC's Chief Executive Officer and President
commented, �We are honored to be recognized by FORTUNE Small
Business Magazine for our accomplishments. This acknowledgement is
a reflection of results from our focused business strategies and
the tremendous work and dedication by our management team and
employees.� The information and statements in this release
attributed to sources other than AMAC, comes solely from such
sources and does not in any way constitute an endorsement by AMAC
of such information or statements or a representation by AMAC as to
the veracity of such information or statements. About American
Medical Alert Corp. (www.amac.com) AMAC is a healthcare
communications company dedicated to the provision of support
services to the healthcare community. AMAC's product and service
portfolio includes Personal Emergency Response Systems (PERS) and
emergency response monitoring, electronic medication reminder
devices, disease management monitoring appliances and healthcare
communication solutions services. AMAC operates eight communication
centers under local trade names: HLINK OnCall, Long Island City,
NY, North Shore TAS, Port Jefferson, NY, Live Message America,
Audubon, NJ, ACT Teleservice, Newington, CT and Springfield, MA, MD
OnCall, Cranston RI and Capitol Medical Bureau Rockville, MD,
American MediConnect and Phone Screen Chicago, IL to support the
delivery of high quality, healthcare communications. Forward
Looking Statements This press release contains forward-looking
statements that involve a number of risks and uncertainties.
Forward-looking statements may be identified by the use of
forward-looking terminology such as "may," "will," "expect,"
"believe," "estimate," "anticipate," "continue," or similar terms,
variations of those terms or the negative of those terms. Important
factors that could cause actual results to differ materially from
those indicated by such forward-looking statements are set forth in
the Company's filings with the Securities and Exchange Commission
(SEC), including the Company's Annual Report on Form 10-KSB, the
Company's Quarterly Reports on Forms 10-Q, and other filings and
releases. These include uncertainties relating to government
regulation, technological changes, costs relating to ongoing FCC
remediation efforts, our expansion plans, our contract with the
City of New York and product liability risks.
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