Exhibit 99.1

Contact:
 
   
Randi Baldwin
 
Senior Vice President,  Marketing
 
American Medical Alert Corp.
 
(516) 536-5850 ext: 3109
randi.baldwin@amac.com
 


AMERICAN MEDICAL ALERT CORP. REPORTS QUARTERLY EARNINGS RESULTS FOR THE FIRST QUARTER 2011

LONG ISLAND CITY, New York. – May 11, 2011
– American Medical Alert Corp. (NASDAQ: AMAC) a provider of healthcare communication services and advanced telehealth monitoring technologies, today announced operating results for the quarter ended March 31, 2011, the highlights of which are as follows:

 
·
Company achieves record quarterly earnings of $1,046,378 or $0.11 per diluted share, excluding the impact of its equity in net loss from investment in Lifecomm, for the quarter ended March 31, 2011.

 
·
Company continues revenue momentum within the TBCS division and records second consecutive quarter of double digit growth as compared to the same quarters in the prior year, primarily as a result of business generated from new awards in the pharmaceutical channel and expanded business within its non-traditional offerings to hospital organizations.

 
·
Company’s investment in the next generation of mobile PERS continues to move forward and is on target for a January 2012 rollout.

 
·
Company has built up cash on hand in excess of $6,400,000 and had working capital of over $11,700,000 at March 31, 2011.

Revenues for the quarter ended March 31, 2011, consisting primarily of monthly recurring revenues (MRR) increased 7% to $10,631,733 as compared to $9,911,247 for the same period in 2010.  Net income for the quarter ended March 31, 2011 increased 18% to $1,046,378 or $0.11 per diluted share compared to $887,372 or $0.09 per diluted share for the same period in 2010.  Net income for the quarter ended March 31, 2011 excludes $336,799 of the Company’s share of equity in net loss from investment in limited liability company net of income taxes, incurred with respect to the Company’s joint venture with Qualcomm and Hughes Telematics, Inc. (known as the “Lifecomm Joint Venture”).  This equity loss represents the Company’s share of R&D and other selling, general and administrative expenses incurred for the development of the next generation mobile PERS.  This equity loss, which is expected to continue over the next several quarters, is not related to the Company’s current business operations. As it relates to this equity loss, the Company will realize a significant tax benefit and have less cash outlay relating to income taxes. The Company’s net income for the quarter ended March 31, 2011 including the effect of this charge was $709,579, or $.07 per diluted share.

Earnings before interest, taxes and depreciation and amortization for the three months ended March 31, 2011, excluding $559,882 of the Company’s share of equity loss incurred with respect to the Lifecomm Joint Venture (“EBITDA”), was $2,532,074 as compared to $2,429,414 for the same period in 2010.  EBITDA for the trailing twelve months ended March 31, 2011, which excludes $1,740,008 of the Company’s share of equity loss incurred with respect to the Lifecomm Joint Venture was $9,069,504.   EBITDA for the trailing twelve months ended March 31, 2010 was $9,037,304.
 
 
 

The following information was filed by American Medical Alert Corp (AMAC) on Wednesday, May 11, 2011 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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