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Microcap & Penny Stocks : Air Methods (airm)

AIRM 42.95

0.0%

Apr 24 5:00 PM EST

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To: joseph w renfrow who wrote (212)	1/13/1998 5:58:00 PM
From: Annie	Read Replies (1) of 877

DENVER, Jan. 13 /PRNewswire/ -- Air Methods Corporation (Nasdaq: AIRM) today responded to several inquiries concerning any anticipated financial impacts the two recent fatal helicopter accidents might have on the company. Management deems the company's insurance provisions to be more than adequate to cover any costs or obligations incurred or to be incurred as a direct result of these two accidents. "Air Methods has had a very good, long-term relationship with our current insurance underwriter and has maintained a very strong safety record over the term of this relationship," said George Belsey, the company's Chairman and Chief Executive Officer. "Air Methods has always set the highest level of safety standards in the industry and remains firmly committed to continually improving these standards," added Belsey. Based in Metropolitan Denver, Air Methods is an exclusive provider of state-of-the-art emergency medical transportation systems and services throughout the United States. Air Methods also manufactures medical interiors for civilian, military, and international organizations. Certain statements contained in this news release are based on current expectations. These statements are forward looking and actual results may differ materially.

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