American Medical Alert Corp. Reports Q4 EPS of $0.09

American Medical Alert Corp. AMAC today announced operating results for the fourth quarter. Revenues for the quarter ended December 31, 2010, consisting primarily of monthly recurring revenues, increased 12% to $11,138,089 as compared to $9,939,491 for the same period in 2009. Net income for the quarter ended December 31, 2010 increased 11% to $847,123 or $.09 per diluted share as compared to $763,733 or $.08 per diluted share for the same period in 2009. Net income for the quarter ended December 31, 2010 excludes $479,538 of the Company's share of equity in net loss from investment in a limited liability company incurred with respect to the Company's joint venture with Qualcomm and Hughes Telematics, Inc. 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 increase over the next several quarters, is not related to the Company's current business operations but will result in significant savings in income taxes The Company's net income for the quarter ended December 31, 2010 including the effect of this charge was $367,585, or $.04 per diluted share.