American Medical Alert Corp. Announces Status of City of New York Contract.OCEANSIDE, N.Y.--(BUSINESS WIRE)--October 26, 1999-- Since 1983, American Medical Alert Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : 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 ) has provided Personal Emergency Response Systems to the City of New York's, Human Resources Administration, Home Care Services Program (HCSP HCSP Haut Comité de la Santé Publique (French) HCSP Health Care Savings Plan HCSP Hrvatska Cista Stranka Prava (Croatia political party) HCSP Human Capital Strategic Planning ). In January 1999, AMAC and many other companies submitted proposals to provide PERS a. 1. Light blue; grayish blue; - a term applied to different shades at different periods. services on behalf of the City of New York. On Friday, October 21, 1999, we were advised by HCSP, via telephone, that another company had been preliminarily recommended. Howard M. Siegel, 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 reviewing HCSP's preliminary recommendation and are evaluating alternative options and courses of action. AMAC continues its dynamic marketing efforts, contributing to new subscriber growth and recurring monthly revenues. I should note that the Company remains financially strong and will exert every effort in pursuit of the best interests of our employees and shareholders." This press release contains forward-looking statements that involve a number of risks and uncertainties. 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, Forms 10-Q, and other filings and releases. These include uncertainties relating to competition, technological development, and trademarks. |
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