Business & Finance
Business and Finance
Business and Finance
Thu, July 9, 2009
Wed, July 8, 2009 American Physicians Service Group, Inc.: American Physicians Service Group, Inc. Ranks #6 in Fortune Small Business Magazine's
AUSTIN, TX--(Marketwire - July 8, 2009) - American Physicians Service Group, Inc. ("APS") (
FSB's Justin Martin writes in his opening essay, "In good times, the FSB 100 constitutes an elite group of small public companies: the best of the best... But in this Great Recession, their performance is nothing short of miraculous... All 100 companies on our list have figured out how to succeed no matter what the economic climate."
"We are honored to be recognized as the sixth fastest-growing small public company on FORTUNE SMALL BUSINESS magazine's 2009 'FSB 100' list. This acknowledgement is a result of both the successful business strategies implemented in recent years and of the efforts of our dedicated team of employees," said Tim LaFrey, President of APS. "We look forward to continued success in the future."
Once again this year, the FSB 100 companies outperformed the stock market by a wide margin. This year's stocks posted an average annual return of 9.8% for the year ended May 31, 2009, compared with an annual loss of 28.6% for the Russell microcap growth index.
FSB 100 list appears in the July/August issue of FORTUNE Small Business and is available online at [ http://money.cnn.com/fsb100 ]
Methodology: The ninth-annual FSB 100 includes U.S.-based firms with annual revenues of less than $200 million and a stock price greater than $1. FSB ranks the small-cap companies by stock performance and revenue growth over the past three years, with a new requirement in 2009 of no negative growth in any of the most recent four quarters.
About FORTUNE Small Business
FSB: FORTUNE Small Business is the premier magazine for -- and about -- small business owners, with the largest audience and rate base in the small business category. Through a partnership with American Express, FSB is distributed 10 times a year and reaches 1 million owners and partners of leading small businesses. With unmatched resources and access to the industry's most innovative thinkers, FSB delivers best practices, connects small business owners to a community of their peers and arms them with the inspiration and actionable advice they need to succeed.
About APS Group
APS is an insurance and financial services firm with subsidiaries and affiliates which provide medical malpractice insurance for doctors and other healthcare professionals and brokerage and investment services to institutions and high net worth individuals. APS is headquartered in Austin, Texas.
This press release includes forward-looking statements related to APS 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 future results of APS, please see the 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 to APS.
