AMERICAN HEALTH SERVICES INC. CHANGES CORPORATE NAME TO AGES HEALTH SERVICES INC.
ROCKLAND, Mass., April 14 /PRNewswire/ -- American Health Services Inc., a provider of mental health care services to the elderly, today announced that it had changed its corporate name to Ages Health Services Inc. as of March 21, 1994. The trading symbols of the company's common stock and warrants on the NASDAQ Stock Market will continue to be AHSI and AHSIW, respectively. Anders Laren, Chief Executive Officer, said "We look forward to implementing our expansion plans under our new name." OTHER NEWS: -- AGES has agreed to start mental health care services to residents of six skilled nursing facilities in Rhode Island. -- AGES is exploring expansion to other states, and is in negotiation to provide similar contract services in Connecticut and New York. -- A program to provide Employee Assistance Plans has been implemented. A response to a request for proposals to provide Employee Assistance Plan services for 4,000 employees is being developed. -- In May AGES expects to begin providing mental health services to a major HMO in New England. -- AGES has expanded its management with the addition of a specialist in Employee Assistance Plan programs. Furthermore, in early May AGES will welcome to its staff an expert with a national reputation in Clinical Program Development for the developmentally disabled. -- Ages Health Services Inc. is a publicly held company with its common stock and warrants traded on NASDAQ under the symbols AHSI and AHSIW, respectively, and the Boston Stock Exchange under the symbols AHS and AHSW, respectively. -0- 4/14/94 /CONTACT: Anders F. Laren, Chief Executive Officer of American Health Services, 617-871-6550; or Steven Kessler of Howard Bronson & Company, 212-867-6160/ (AHSI)
CO: Ages Health Services Inc. ST: Massachusetts IN: HEA SU:
PS-SP -- NY056 -- 7341 04/14/94 11:55 EDT
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|Date:||Apr 14, 1994|
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