EXHIBIT 99.1
AMERICAN CLAIMS EVALUATION, INC.
REPORTS THIRD QUARTER AND NINE MONTH RESULTS
JERICHO, NY, February 13, 2007: American Claims Evaluation, Inc. (NASDAQ:AMCE) announced revenues of $641,731 and a net loss of $209,843 ($.04 net loss per share) for the nine month period ended December 31, 2006 as compared to revenues of $867,060 and a net loss of $263,013 ($.05 net loss per share) for the nine months ended December 31, 2005.
| Three Months Ended |
| Nine Months Ended | ||||
| 12/31/06 |
| 12/31/05 |
| 12/31/06 |
| 12/31/05 |
| (Unaudited) |
| (Unaudited) | ||||
Revenues | $ 199,610 |
| $ 278,149 |
| $ 641,731 |
| $ 867,060 |
|
|
|
|
|
|
|
|
Operating loss | (192,716) |
| (138,900) |
| (488,599) |
| (470,335) |
|
|
|
|
|
|
|
|
Loss before income tax expense | (95,789) |
| (60,000) |
| (209,843) |
| (263,013) |
|
|
|
|
|
|
|
|
Net loss | $ (95,789) |
| $ (60,000) |
| $ (209,843) |
| $ (263,013) |
Net loss per share – |
|
|
|
|
|
|
|
basic and diluted | $ (0.02) |
| $ (0.01) |
| $ (0.04) |
| $ (0.05) |
Weighted average shares |
|
|
|
|
|
|
|
basic and diluted | 4,761,800 |
| 4,768,967 |
| 4,761,800 |
| 4,805,078 |
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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