City of Tucson Awards 911 Renewal Contract to Southwest Ambulance.Business Editors SCOTTSDALE, Ariz.--(BUSINESS WIRE)--June 16, 2003 Rural/Metro Corporation (Nasdaq:RURLE) announced today that its Southwest Ambulance division has been awarded a one-year renewal contract to continue as the exclusive 911 ambulance partner for the City of Tucson and the Tucson Fire Department. Southwest Ambulance enters its sixth year as the sole provider of Basic Life Support (BLS See Bureau of Labor Statistics. ) medical transportation services with the new, one-year contract term, which begins July 1, 2003. The Tucson Fire Department provides all Advanced Life Support (ALS Als (äls), Ger. Alsen, island, 121 sq mi (313 sq km), Sønderjylland co., S Denmark, in the Lille Bælt, separated from the mainland by the narrow Alensund. ) ambulance transports. Billing services for all Tucson Fire Department transports are provided under a separate contract with Southwest Ambulance Medical Billing. Jack Brucker, President and Chief Executive Officer, said, "We are very pleased to renew our contract in Tucson and look forward to another year of excellent service. The company's track record in recent months has been excellent when it comes to retaining long-standing contracts by providing customers with the top-quality care that they have come to expect." Southwest Ambulance provides more than 20,000 BLS ambulance requests for transports each year throughout the City of Tucson and employs nearly 250 emergency service professionals to meet the medical transportation needs of the community. Under the agreement, the Tucson Fire Department will continue providing first response and Advanced Life Support (ALS) services to Tucson residents. Tucson Fire Paramedics will continue to be the first responders first responder First response personnel Emergency medicine A person employed in the public sector–EMT, fire fighter, police, volunteer EMS–whose duties include provision of immediate medical care in the event of an emergency; FRs have basic emergency on scene during medical emergencies. Tucson Fire Department Chief Dan Newburn said, "We've built an excellent relationship with Southwest Ambulance and they have been very responsive to our needs and requests. Our continued work provides the residents of Tucson with the best emergency medical care available." Jeff Sargent, Vice President of Pima County Operations for Southwest Ambulance, said, "We value our partnership with the Tucson Fire Department and the City of Tucson and look forward to working together to explore innovative ways to enhance the delivery of emergency services emergency services Emergency care '…services …necessary to prevent death or serious impairment of health and, because of the danger to life or health, require the use of the most accessible hospital available and equipped to furnish those services' to Tucson residents." Rural/Metro Corporation provides emergency and non-emergency medical transportation, fire protection, and other safety services in approximately 400 communities throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . For more information, visit the company's web site at www.ruralmetro.com. Except for historical information herein, this press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the company's ability to collect its accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying ; competitors' actions; litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. matters; and the company's ability to sustain operating cash flow Operating cash flow Earnings before depreciation minus taxes. Measures the cash generated from operations, not counting capital spending or working capital requirements. , secure new contracts, retain existing contracts, improve earnings and operating margins, further enhance the efficiency of the collection process, effectively manage collateral requirements and costs related to its insurance coverage, and the company's ability to cure or obtain a waiver of covenant non-compliance or an amendment to its credit facility or indenture. Additional factors that could affect the company are described in its Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. as amended for the year ended June 30, 2002 under the caption "Risk Factors" in the Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial section, and other factors as described from time to time in the company's SEC filings. The company disclaims any obligation to update its forward-looking statements. |
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