EXHIBIT 99.1
AMERICAN CLAIMS EVALUATION, INC.
REPORTS SECOND
QUARTER AND SIX MONTH RESULTS
JERICHO, NY, November 14, 2006: American Claims Evaluation, Inc. (NASDAQ:AMCE) announced revenues of $442,121 and a net loss of $114,054 ($.02 net loss per share) for the six month period ended September 30, 2006 as compared to revenues of $588,911 and a net loss of $203,013 ($.04 net loss per share) for the six months ended September 30, 2005.
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Three Months Ended | |
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Six Months Ended | |||||||||||||||||||
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09/30/06 | |
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09/30/05 | |
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09/30/06 | |
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09/30/05 | |||||||||||||
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(Unaudited) | |
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(Unaudited) | |||||||||||||||||||
| Revenues | |
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$ | 194,587 |
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$ | 301,690 |
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$ | 442,121 |
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$ | 588,911 |
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| Operating loss | |
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(152,067 |
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(163,672 |
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(295,883 |
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(331,435 |
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| Loss before income tax expense | |
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(59,466 |
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(94,595 |
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(114,054 |
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(203,013 |
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| Net loss | |
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$ | (59,466 |
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$ | (94,595 |
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$ | (114,054 |
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$ | (203,013 |
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| Net loss per share − basic | |
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$ | (0.01 |
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$ | (0.02 |
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$ | (0.02 |
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$ | (0.04 |
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| Net loss per share − diluted | |
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$ | (0.01 |
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$ | (0.02 |
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$ | (0.02 |
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$ | (0.04 |
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| Weighted average shares − basic | |
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4,761,800 |
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4,804,800 |
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4,761,800 |
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4,823,133 |
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| Weighted average shares − diluted | |
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4,761,800 |
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4,804,800 |
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4,761,800 |
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4,823,133 |
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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.
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