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AMERICAN CLAIMS EVALUATION ANNOUNCES FIRST QUARTER RESULTS

 AMERICAN CLAIMS EVALUATION ANNOUNCES FIRST QUARTER RESULTS
 JERICHO, N.Y., July 21 /PRNewswire/ -- American Claims Evaluation,


Inc. (NASDAQ-NMS: AMCE) today announced revenues of approximately $2,128,000 and net earnings per share of $.10 for the three month period ended June 30, 1992 as compared to revenues of approximately $1,965,000 and net earnings per share of $.08 for the comparable period ended June 30, 1991. This reflects an increase in revenues and net earnings per share of approximately 8.3 percent and 25.0 percent respectively, over last year's comparable figures.
 AMERICAN CLAIMS EVALUATION, INC.
 3 Months Ended
 June 30, 1992 June 30, 1991
 Revenues $2,128,289 $1,964,787
 Operating earnings 582,699 423,069
 Earnings before
 provision for income
 taxes 652,164 489,241
 Net earnings 410,164 305,241
 Net earnings per
 share of common stock(A) $ .10 $ .08
 Weighted average common and
 common equivalent shares(A) 4,235,055 4,074,830
 (A) As restated for a two-for-one stock split declared Oct. 2, 1991.
 Gelman, chairman of the board and chief executive officer, stated he was pleased with the continuing increase in revenues and earnings over comparable prior periods.
 American Claims Evaluation, Inc. is a health care cost containment services company in the business of verifying the accuracy of hospital bills throughout the United Sates submitted to its clients for payment; such clients include commercial health insurance companies, third-party administrators, health maintenance organizations and self-insured corporate clients. The company's services are designed to enable its clients to pay only for those medical services that are actually provided to the patient.
 -0- 7/21/92
 /CONTACT: Gary J. Knauer, chief financial officer of American Claims Evaluation, Inc., 516-938-8000/
 (AMCE) CO: American Claims Evaluation, Inc. ST: New York IN: INS SU: ERN


LD-TM -- NY005 -- 1106 07/21/92 08:37 EDT
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Date:Jul 21, 1992
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