AMAC Selected by New York City Human Resources Administration as Exclusive Emergency Response System Vendor for Home Care Services Program.Business Editors/Health/Medical Writers OCEANSIDE, N.Y.--(BUSINESS WIRE)--Dec. 18, 2003 American Medical Alert Corp. (Nasdaq: AMAC AMAC Adults Molested As Children AMAC Assistance to Mine-Affected Communities AMAC Aircraft Monitor And Control AMAC Approximate Message Authentication Code AMAC American Military Arms Corporation AMAC Asset Management Assistance Center ), a national provider of remote health monitoring devices and 24/7 communication services, today announced that it has been selected by the Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. Administration of the City of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of (HRA HRA Health Reimbursement Arrangement HRA Health Risk Assessment HRA Housing and Redevelopment Authority HRA Human Resources Administration HRA Health Reimbursement Account HRA Housing Revenue Account ) for the provision of Personal Emergency Response Systems (PERS a. 1. Light blue; grayish blue; - a term applied to different shades at different periods. ) for Medicaid eligible clients under the Home Care Services Program. This selection commences the process for the completion of the definitive contract which is expected to be executed on or about April 1, 2004. The proposed contract term is April 1, 2004 through March 30, 2007 and gives the City the right to extend the contract for an additional three (3) year term through March 30, 2010. At the present time, the Home Care Services Program provides PERS to over 8,000 Medicaid clients in the five (5) boroughs as an enhancement to traditional home care services. Howard M. Siegel, AMAC's President and 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. , stated, "We are proud to have been selected by HRA to continue as the sole source PERS vendor to New York City's Home Care Services Program which is the single largest Medicaid reimbursed PERS program in the nation. Our dedication to continuous advancements in our healthcare communication technology coupled with excellence in customer service will allow AMAC to continue to support HRA in their efforts to provide clients with high quality, cost-effective home care services." Mr. Siegel continued, "When HRA's PERS program began, there were approximately 26 clients utilizing PERS. As a result of our ongoing partnership with the Home Care Services Program, this vital service is now utilized by thousands of the City's most frail frail 1 adj. frail·er, frail·est 1. Physically weak; delicate: an invalid's frail body. 2. and vulnerable residents. Just as the efficacy of PERS has been proven, we look forward to working with HRA to explore the City's utilization of our next generation PERS technology designed to provide high-risk patient populations with cost-effective, remote health monitoring and disease management." About American Medical Alert Corp. AMAC is a national provider of remote health monitoring devices and 24/7 communication services designed to promote early medical intervention A procedure used in a lawsuit by which the court allows a third person who was not originally a party to the suit to become a party, by joining with either the plaintiff or the defendant. and improve quality of life for senior, disabled and chronically ill populations. AMAC's product and service offerings include Personal Emergency Response Systems (PERS), electronic medication reminder devices, disease management monitoring appliances and 24/7 medical on-call and emergency response monitoring. AMAC operates several National Medical On-Call and Communication Centers allowing patient access to trained response professionals 24/7. This press release contains 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. 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-QSB, and other filings and releases. These include uncertainties relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc government regulation, contracts with major customers, technological changes, our expansion plans, disposition of assets held for sale and product liability risks. In particular, the execution of the contract with HRA is subject to the negotiation of definitive documentation, the successful completion of which can not be assured. |
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