American Claims Evaluation, Inc. Reports Retention of Investment Banking Firm

Jericho, NY-based American Claims Evaluation, Inc. announced that it has retained First Lawrence Capital Corp. (FLCC) to advise the company pursuant to its merger and acquisition program. American Claims Evaluation, Inc. is a well-capitalized public entity with experience managing companies offering business, healthcare and other services. FLCC is a New York-based investment-banking firm, which advises corporate clients pursuing growth through acquisition, as well as other objectives achievable through corporate finance initiatives.

FLCC's role will be to work with management in identifying and evaluating potential strategic partners, in addition to structuring transactions that emerge from that effort. FLCC has a strong record of initiating and closing quality merger and acquisition transactions that have made strategic sense for the future of the consolidated entity and have provided financial benefit for the shareholders of the participating entities. FLCC has already targeted potential acquisition candidates for the Company.

This marks an important step in the company's continued review of strategic alternatives for maximizing shareholder value. Potential acquisitions will be evaluated based on their merits with an emphasis on medical service businesses.

American Claims Evaluation, Inc., through its wholly owned subsidiary, RPM Rehabilitation & Associates, Inc., offers a full range of vocational rehabilitation and disability management services.