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American Claims Evaluation, Inc. Reports Second Quarter and Six Month Results.


JERICHO

Jericho, city, West Bank

Jericho (jĕr`ĭkō) [Heb.,=fragrant, or city of the moon god], Arab. Ariha, town (2003 est. pop. 19,000), West Bank, in the Jordan valley N of the Dead Sea; nearby is the site of the ancient city of Jericho.
, N.Y. -- American Claims Evaluation, Inc. (NASDAQ:AMCE AMCE - Appliance Manufacturer Conference & Expo) announced revenues of $588,911 and a net loss
Net Loss
The result that occurs when expenses exceed the income produced.

Notes:
A person or company with a net loss has not made a profit. Newer businesses often run at a net loss for the first few years while acquiring one-time expenses (equipment, buildings, technology, rights, etc.).
 of $203,013 ($.04 net loss per share) for the six month period ended September 30, 2005 as compared to revenues of $574,117 and a net loss of $271,114 ($.06 net loss per share) for the six months ended September 30, 2004.
Three Months Ended     Six Months Ended
                           --------------------- ---------------------
                            09/30/05   09/30/04   09/30/05   09/30/04
                           ---------- ---------- ---------- ----------
                                (Unaudited)           (Unaudited)
Revenues                    $301,690  $ 286,927  $ 588,911  $ 574,117

Operating loss              (163,672)  (162,005)  (331,435)  (309,732)

Loss before income tax
 expense                     (94,595)  (136,771)  (203,013)  (269,114)

Net loss                    $(94,595) $(137,771) $(203,013) $(271,114)

Net loss per share - basic  $  (0.02) $   (0.03) $   (0.04) $   (0.06)
                           ========== ========== ========== ==========
Net loss per share -
 diluted                    $  (0.02) $   (0.03) $   (0.04) $   (0.06)
                           ========== ========== ========== ==========
Weighted average shares -
 basic                     4,804,800  4,859,800  4,823,133  4,659,800
Weighted average shares -
 diluted                   4,804,800  4,859,800  4,823,133  4,659,800



American Claims Evaluation, Inc., through its wholly owned subsidiary, RPM Rehabilitation & Associates, Inc., offers a full range of vocational rehabilitation and disability management services.

For further information contact: Gary J. Knauer, Chief Financial Officer, American Claims Evaluation, Inc., One Jericho Plaza, Jericho, NY 11753; telephone number (516) 938-8000.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Geographic Code:1USA
Date:Nov 10, 2005
Words:230
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