AssuranceAmerica Corporation Selected #2 in PricewaterhouseCoopers and Atlanta Journal-Constitution's Annual Ranking of Top 100 of `Georgia's Best in Business'.ATLANTA -- At a breakfast meeting sponsored by the Atlanta Journal-Constitution, and addressed by keynote speaker Rudy Giuliani, the top 100 best performing Georgia public companies were announced prior to the publication of the list in the newspaper's Sunday edition. ASSURANCEAMERICA CORPORATION (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ASAM ASAM American Society of Addiction Medicine ASAM Advanced Surface-to-Air Missile ASAM Advanced Services Access Manager ASAM ATM Subscriber Access Multiplexer (Alcatel) ASAM Association for Solidarity with Asylum Seekers and Migrants ) was ranked number 2 in overall performance. Although some very large companies like Coca-Cola, UPS and Home Depot made this year's list of Georgia's 100 best performing companies, size alone does not determine rankings. PriceWaterhouseCoopers analyzed five variables that determine whether a company made the list. They are (1) revenue, (2) year-over-year revenue change, (3) annual change in profit margin, (4) return on equity, and (5) change in stock price. 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. , Lawrence (Bud) Stumbaugh said, "This outstanding ranking was achieved because our company created a challenging plan that motivated us beyond mediocrity, and because of cooperation from our associates in the company and our agency partners, customers and various vendors outside the company. While we are thrilled at being number 2 out of the best 100, our main focus now is not on celebrating, but on working to execute even better going forward." AssuranceAmerica focuses on the specialty automobile insurance marketplace, primarily in Alabama, Florida, Georgia, South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. and Texas. Its principal operating subsidiaries are TrustWay Insurance Agencies, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ("Agency"), which sells personal automobile insurance policies through its 50 retail agencies, AssuranceAmerica Managing General Agency, LLC ("MGA (1) (Monochrome Graphics Adapter) A display adapter that employs Hercules Graphics, combining graphics and text on a monochrome monitor. (2) (Matrox Graphics Accelerator) A trade name used by Matrox Graphics Inc. "), and AssuranceAmerica Insurance Company ("Carrier"). This press release includes statements that may constitute "forward-looking" statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, as discussed in the Company's filings with the U.S. Securities Exchange Commission (SEC). |
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