AUSTIN, Texas, Jan. 8, 2003 (PRIMEZONE) -- American Physicians Service Group, Inc. ("APS") (Nasdaq:AMPH) today announced that Brad A. Hummel had been elected to its board of directors. Mr. Hummel was also appointed to serve on the Audit Committee of the Board.
Mr. Hummel is CEO of Prime Medical Services, Inc., the nation's leading provider of lithotripsy services and a global manufacturer of specialty vehicles for use in the broadcasting and communication industries. Before joining Prime, Mr. Hummel spent 16 years in various capacities at Diagnostic Health Services, a multi-state provider of mobile and fixed-based imaging services. From 1981 to 1984, Mr. Hummel was as associate with Covert, Crispin & Murray, a Washington, D.C. and London-based management-consulting firm.
Ken Shifrin, APS Chairman of the Board stated, "We are pleased to have Brad Hummel back on our board. His service from 1999 through 2001 provided the kind of leadership, knowledge and integrity that every corporation is seeking."
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