American Medical Alert Corp. (Nasdaq: AMAC) announced that based on the continued strong performance of its two business segments, the Company projects that gross revenues, consisting primarily of monthly recurring revenue (MRR), will increase to $39,200,000 while also projecting net earnings to increase to $1,900,000, or $.20 per diluted share for the year ending December 31, 2008. Jack Rhian, President and Chief Executive Officer, explained, �This projection is further evidence of our successful focus on improved year over year net earnings. Based on our guidance, our net earnings will have increased by 104% over the latest three years. In addition, the Company is preparing to launch its new medication management and dispensing system, MedSmart, in Q4 2008. Moreover, the Company is anticipating certain additional TBCS daytime services awards in the second half of 2008. Based on the commencement of anticipated additional revenue arising from these activities, along with its current residual revenue base, the Company expects to accelerate its revenue growth in the early portion of 2009.� Rhian continued, �In addition to our current web marketing efforts, by increasing the visibility of the Walgreens Ready Response brand through the recent release of Walgreen�s chain-wide, in store signage plan supported by our new television campaign, we believe this program has started and will continue to be a material contributor to the go forward profitability of our HSMS division.� By way of reminder, the Company�s annual meeting will take place on Tuesday, August 26, 2008 � 10:00 a.m. at Moses & Singer LLP, 405 Lexington Avenue, 12th Floor New York, NY 10174. About American Medical Alert Corp. (www.amac.com) AMAC is a healthcare communications company dedicated to the provision of support services to the healthcare community. AMAC's product and service portfolio includes Personal Emergency Response Systems (PERS) and emergency response monitoring, electronic medication reminder devices, disease management monitoring appliances and healthcare communication solutions services. AMAC operates nine communication centers under local trade names: H-LINK� OnCall, Long Island City, NY and Clovis NM, North Shore TAS, Port Jefferson, NY, Live Message America, Audubon, NJ, ACT Teleservice, Newington, CT and Springfield, MA, MD OnCall, Cranston RI and Capitol Medical Bureau Rockville, MD, American MediConnect and Phone Screen Chicago, IL to support the delivery of high quality, healthcare communications. 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-K, the Company's Quarterly Reports on Forms 10-Q, and other filings and releases. These include uncertainties relating to government regulation, technological changes, costs relating to ongoing FCC remediation efforts, our expansion plans and product liability risks.
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