EXHIBIT 99.1 AMERICAN CLAIMS EVALUATION, INC. REPORTS FIRST QUARTER RESULTS JERICHO, NY, August 14, 2006: American Claims Evaluation, Inc. (NASDAQ:AMCE) announced revenues of $247,534 and a net loss of $54,588 ($.01 net loss per share) for the three month period ended June 30, 2006 as compared to revenues of $287,221 and a net loss of $108,418 ($.02 net loss per share) for the three months ended June 30, 2005. Three Months Ended ------------------------------------- 6/30/06 6/30/05 ----------------- ---------------- (Unaudited) Revenues $ 247,534 $ 287,221 Operating loss (143,816) (167,763) Loss before income tax expense (54,588) (108,418) Net loss $ (54,588) $ (108,418) Net loss per share - basic $ (0.01) $ (0.02) ========== ========== Net loss per share - diluted $ (0.01) $ (0.02) ========== ========== Weighted average shares - basic 4,761,800 4,841,467 Weighted average shares - diluted 4,761,800 4,841,467 American Claims Evaluation, Inc., through its wholly owned subsidiary, RPM Rehabilitation & Associates, Inc., offers a full range of vocational rehabilitation and disability management services. For further information contact: Gary J. Knauer, Chief Financial Officer, American Claims Evaluation, Inc., One Jericho Plaza, Jericho, NY 11753; telephone number (516) 938-8000. * * * * * * *