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American Claims Evaluation, Inc. Reports First Quarter Results.


JERICHO, N.Y. -- American Claims Evaluation, Inc. (the "Company") (NASDAQ:AMCE) announced revenues of $1,907,091 and a net loss of $39,770 ($.01 net loss per share) for the three months ended June 30, 2009 as compared to a net loss of $171,140 ($.04 net loss per share) for the three months ended June 30, 2008.

During the fiscal year ended March 31, 2009, the Company acquired all of the issued and outstanding shares of Interactive Therapy Group Consultants, Inc. and also completed the disposition of its wholly-owned subsidiary, RPM Rehabilitation & Associates, Inc. ("RPM"). Accordingly, all results related to RPM have been reflected as discontinued operations.

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American Claims Evaluation, Inc., through its wholly owned subsidiary, Interactive Therapy Group Consultants, Inc., offers a comprehensive range of services to children with developmental delays and disabilities.

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Publication:Business Wire
Article Type:Financial report
Date:Aug 12, 2009
Words:138
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