EX-99.1
5
v031330_ex99-1.htm
Contact:
Randi
Baldwin
Lester
Rosenkrantz
Vice
President Communications & Marketing
Investor
Relations
American
Medical Alert Corporation
Cameron
Associates
(516)
536-5850
(212)
245-8800 Ext. 212
AMERICAN
MEDICAL ALERT CORPORATION ANNOUNCES ACQUISITION OF ANSWER CONNECTICUT
INC.
OCEANSIDE,
New York.
-
December
13, 2005 -
American
Medical Alert Corporation (NASDAQ: AMAC),
a
provider of healthcare communication services and advanced home health
monitoring technologies, announced today the acquisition of the operating
assets
of Answer Connecticut Inc. doing business as ACT Teleservices ("ACT"). ACT is a
privately held telephone answering service (TAS) specializing in the provision
of services to physicians medical group practices and other healthcare and
commercial providers in the New England Region. ACT's services are provisioned
through call centers located in Connecticut and Massachusetts.
Howard
M.
Siegel, Chief Executive Officer speaking on behalf of AMAC, commented, "ACT
is
the Company's sixth strategic acquisition and will expand our service area
from
the Mid-Atlantic to the New England Region. AMAC intends to retain ACT's call
center locations, personnel and operations infrastructure. The addition of
ACT
will further aid AMAC toward its goal of becoming the leading provider of
healthcare communication services throughout the Northeast Corridor. The
acquisition of ACT is expected to be immediately accretive and will
substantially add to our overall TAS revenue".
Thomas
Gelbach, ACT's President, stated,
"I am pleased to join AMAC's family of TAS companies and believe the combined
operations will enhance our ability to more effectively compete for business
under the AMAC umbrella, particularly for larger, healthcare-based
business. I
look
forward to participating in the ongoing growth strategy in this geographic
area."
About
American Medical Alert Corp.
AMAC
is a
healthcare communications company dedicated to the provision of support services
to the healthcare community. AMAC's product and service portfolio includes
Personal Emergency Response Systems (PERS) and emergency response monitoring,
electronic medication reminder devices, disease management monitoring appliances
and healthcare communication solutions services. AMAC operates several 24/7
Emergency Response and Telephone Answering Service (TAS) Communication Centers
to support the delivery of high quality, healthcare communications.
This
press release contains forward-looking statements that involve a number of
risks
and uncertainties. Forward-looking statements may be identified by the use
of
forward-looking terminology such as "may", "will", "expect", "believe,"
"estimate", "anticipate", "continue", or similar terms, variations of those
terms or the negative of those terms. 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-KSB,
the Company's Quarterly Reports on Forms 10-QSB, and other filings and releases.
"These include uncertainties relating to government regulation, technological
changes, costs relating to ongoing FCC remediation efforts, our expansion
plans,
our contract with the City of New York and product liability
risks."
###

EX - 99 . 1 5 v031330 _ ex99 - 1 . htm Contact : Randi Baldwin Lester Rosenkrantz Vice President Communications & Marketing Investor Relations American Medical Alert Corporation Cameron Associates ( 516 ) 536 - 5850 ( 212 ) 245 - 8800 Ext . 212 AMERICAN MEDICAL ALERT CORPORATION ANNOUNCES ACQUISITION OF ANSWER CONNECTICUT INC . OCEANSIDE , New York . - December 13 , 2005 - American Medical Alert Corporation ( NASDAQ : AMAC ) , a provider of healthcare communication services and advanced home health monitoring technologies , announced today the acquisition of the operating assets of Answer Connecticut Inc . doing business as ACT Teleservices ( " ACT " ) . ACT is a privately held telephone answering service ( TAS ) specializing in the provision of services to physicians medical group practices and other healthcare and commercial providers in the New England Region . ACT 's services are provisioned through call centers located in Connecticut and Massachusetts . Howard M . Siegel , Chief Executive Officer speaking on behalf of AMAC , commented , " ACT is the Company 's sixth strategic acquisition and will expand our service area from the Mid - Atlantic to the New England Region . AMAC intends to retain ACT 's call center locations , personnel and operations infrastructure . The addition of ACT will further aid AMAC toward its goal of becoming the leading provider of healthcare communication services throughout the Northeast Corridor . The acquisition of ACT is expected to be immediately accretive and will substantially add to our overall TAS revenue " . Thomas Gelbach , ACT 's President , stated , " I am pleased to join AMAC 's family of TAS companies and believe the combined operations will enhance our ability to more effectively compete for business under the AMAC umbrella , particularly for larger , healthcare - based business . I look forward to participating in the ongoing growth strategy in this geographic area . " About American Medical Alert Corp . AMAC is a healthcare communications company dedicated to the provision of support services to the healthcare community . AMAC 's product and service portfolio includes Personal Emergency Response Systems ( PERS ) and emergency response monitoring , electronic medication reminder devices , disease management monitoring appliances and healthcare communication solutions services . AMAC operates several 24 / 7 Emergency Response and Telephone Answering Service ( TAS ) Communication Centers to support the delivery of high quality , healthcare communications . This press release contains forward - looking statements that involve a number of risks and uncertainties . Forward - looking statements may be identified by the use of forward - looking terminology such as " may " , " will " , " expect " , " believe , " " estimate " , " anticipate " , " continue " , or similar terms , variations of those terms or the negative of those terms . 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 - KSB , the Company 's Quarterly Reports on Forms 10 - QSB , and other filings and releases . " These include uncertainties relating to government regulation , technological changes , costs relating to ongoing FCC remediation efforts , our expansion plans , our contract with the City of New York and product liability risks . " # # #