AMAC’s TBCS Division Receives Large Contract Award For It’s PhoneScreen Clinical Contact Management Solutions
April 20 2010 - 1:00PM
Business Wire
American Medical Alert Corp. (NASDAQ: AMAC) a provider of
healthcare communication services and advanced telehealth
monitoring technologies, today announced that its Telephony Based
Communication Services (“TBCS”) received a large award to provide
clinical contact management services and brand support for an
internationally recognized pharmaceutical manufacturer. AMAC’s
PhoneScreen is a leader in the field of patient recruitment,
retention and contact center services. The award is expected to
generate approximately one million dollars in revenue over the term
of the contract and is expected to commence service on or around
July 2010 and run into 2011.
Jack Rhian, AMAC’s President and Chief Executive Officer
explained, “This award is particularly meaningful because of the
direct relationship being forged with this Top 10 pharmaceutical
manufacturer and the clinically oriented nature of the project.
Moreover, we believe that multiple follow-on awards may be
forthcoming of similar scope and size. This contract is further
proof of concept that AMAC’s call center expertise can be utilized
to assist the pharmaceutical industry in meeting an important
communication need and provide the Company with significant growth
opportunities.”
About American Medical Alert Corp.
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 US based, communication centers under local trade
names: HLINK OnCall, North Shore TAS, Live Message America, ACT
Teleservice, MD OnCall, Capitol Medical Bureau, American
MediConnect, and Phone Screen 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-K, the Company’s
Quarterly Reports on Forms 10-Q, and other filings and releases.
These include uncertainties relating to changes in the demand for
the company’s products and services, changes in capital spending
among the company’s current and prospective customers; government
regulation, technological changes and product liability risks.
While management believes that its current estimates are
reasonable, revenue projections for newly introduced products are
inherently less reliable due to a lack of sales history.
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