SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 13, 2004
American Medical Alert Corp.
(Exact name of registrant as specified in its charter)
New York 333-54992 11-2571221
(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation) Identification No.)
3265 Lawson Boulevard, Oceanside, New York 11572
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (516) 536-5850
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events
On April 13, 2004, American Medical Alert Corp., a New York corporation,
issued the following press release announcing the acquisition of the operating
assets of AlphaCONNECT, Inc.:
Contact:
Randi Baldwin Lester Rosenkrantz
Vice President Communications & Marketing Al Palombo
American Medical Alert Corporation Investor Relations
(516) 536-5850 Cameron Associates
(212) 245-8800
AMERICAN MEDICAL ALERT CORPORATION ANNOUNCES ACQUISITION OF
NEW JERSEY BASED ALPHACONNECT TELEPHONE ANSWERING SERVICE
AMAC Continues Drive for Growth with Synergistic Acquisition for Live Message
America Subsidiary
OCEANSIDE, New York. - April 13, 2004 - American Medical Alert Corporation
(NASDAQ: AMAC) a healthcare communication company, today announced the
acquisition of the operating assets of AlphaCONNECT, Inc. by its Live Message
America subsidiary. AlphaCONNECT is a privately held telephone answering service
(TAS) specializing in the provision of services to hospitals and medical group
practices. AlphaCONNECT's service area includes Northern and Southern New Jersey
and Philadelphia, thereby extending the customer base and geographic scope of
AMAC's Live Message America subsidiary.
Howard M. Siegel, Chief Executive Officer and President of AMAC, commented,
"Today's announcement is in keeping with our goal of making strategic
acquisitions designed to augment the diversification of our revenue streams.
AlphaCONNECT's customer base coupled with AMAC's scalable infrastructure will
result in a meaningful expansion of our TAS business. We will integrate the
AlphaCONNECT organization into our Audubon New Jersey location, operating on
AMAC's new platform and continue to maximize efficiencies within our
organization."
Commenting on the transaction, Stephen Alexopoulos, AlphaCONNECT's President and
founder, stated, "We welcome the opportunity to become a contributing player
within the AMAC organization. With the improved suite of products and increased
capacity now available under the AMAC banner, we can offer a diversified level
of quality services to existing clients while expanding our target market to
groups not previously within our reach. This is an excellent opportunity for
both our companies and we look forward to maintaining positive momentum going
forward."
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About AlphaCONNECT
AlphaCONNECT is an independent, owner operated telephone answering service
situated in suburban New Jersey. The company's primary product is high quality,
live operator telephone answering service incorporating systems which permits
the company to respond specifically to the unique telephone answering and call
out requirements of each of its customers.
About American Medical Alert Corp.
AMAC is a national provider of remote health monitoring devices and 24/7
communication services designed to promote early medical intervention and
improve quality of life for senior, disabled and chronically ill populations.
AMAC's product and service offerings include Personal Emergency Response Systems
(PERS), electronic medication reminder devices, disease management monitoring
appliances and 24/7 medical on-call and emergency response monitoring. AMAC
operates several National Medical On-Call and Communication Centers allowing
access to trained response professionals 24/7.
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, our expansion plans and product liability risks.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: April 13, 2004
AMERICAN MEDICAL ALERT CORP.
By: /s/ Jack Rhian
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Name: Jack Rhian
Title: Executive Vice President