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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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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 14, 1994
Words:289
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