EX-99.1 2 file2.htm PRESS RELEASE



EXHIBIT 99.1




AMERICAN CLAIMS EVALUATION, INC.

REPORTS FOURTH QUARTER AND YEAR END RESULTS



JERICHO, NY, June 20, 2007: American Claims Evaluation, Inc. (NASDAQ:AMCE) announced revenues of $850,294 and a net loss of $311,023 ($.07 net loss per share) for the year ended March 31, 2007 as compared to revenues of $1,141,967 and a net loss of $327,212 ($.07 net loss per share) for the year ended March 31, 2006.  

 

Three Months Ended

 

Year Ended

 

03/31/07

 

03/31/06

 

03/31/07

 

03/31/06

 

(Unaudited)

 

 

Revenues

 $    208,563

   

 $    274,907

 

 $ 850,294

   

 $ 1,141,967

 

 

 

 

 

 

 

 

Operating loss

(191,906)

 

(143,419)

 

(680,505)

 

(613,754)

 

 

 

 

 

 

 

 

Loss before income tax expense

(101,180)

 

(64,199)

 

(311,023)

 

(327,212)

 

 

 

 

 

 

 

 

Net loss

 $  (101,180)

 

 $  (64,199)

 

 $  (311,023)

 

 $  (327,212)

 

 

 

 

 

 

 

 

Net loss per share –

 

 

 

 

 

 

 

     basic and diluted

 $       (0.02)

 

 $       (0.01)

 

 $       (0.07)

 

 $       (0.07)

Weighted average shares

 

 

 

 

 

 

 

     basic and diluted

4,761,800

 

4,761,800

 

4,761,800

 

4,794,258


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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