AUSTIN, Texas, Sept. 20, 2002 (PRIMEZONE) -- American Physicians Service Group, Inc. ("APS") (Nasdaq:AMPH) today announced that Paul M. Robshaw had been elected to its board of directors. Mr. Robshaw was also appointed to serve on the Audit Committee of the Board. Mr. Robshaw is Chairman and CEO of AIC Ventures, a real estate investment company. Mr. Robshaw also has a long history of involvement with Young Presidents' Organization and World Presidents' Organization. He currently serves as International Director and is Chairman-Elect for 2004 of the World Presidents' Organization.
Ken Shifrin, APS Chairman of the Board stated, "The addition of Paul Robshaw brings additional knowledge and insight to the Board. His independence, his 30 years of experience in corporate development and his proven leadership will be tremendous assets to the Board."
APS is a management and financial services firm with subsidiaries and affiliates which provide: medical malpractice insurance services for doctors; brokerage and investment services to institutions and high net worth individuals; and dedicated care facilities for Alzheimer's patients. The Company is headquartered in Austin, Texas and maintains offices in Dallas and Houston.
This press release includes forward-looking statements related to the Company that involve risks and uncertainties that could cause actual results to differ materially. These forward-looking statements are made in reliance on the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect the Company's future results, please see the Company's recent filings with the Securities and Exchange Commission. Prospective investors are cautioned that forward-looking statements are not guarantees of future performance. Actual results may differ materially from management expectations. Copies of the filings are available upon request from the Company's investor relations department.
For further information, visit APS' Website at www.amph.com