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American Capital Partners Limited Announces the Completion of Clinical Testing for MyoGauge Corporation

Posted : Fri, 30 May 2008 15:57:16 GMT
Author : American Capital Partners
Category : Press Release
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WEST PALM BEACH, FL -- 05/30/08 -- American Capital Partners Limited, Inc. (PINKSHEETS: APRJ) announces that MyoGauge Corporation, the developers of a pain validity testing system that can identify and verify individuals who submit fraudulent insurance claims, has completed the initial clinical review of the Pain Validity Testing System. After extensive clinical experimentation by the Texas Chiropractic Clinic, the MyoGauge System showed favorable results and will be recommended as a test to pinpoint symptom magnification. Symptom magnifications or a person who is "faking an injury" are the leading causes for fraudulent low back injury claims to disability insurance companies, workers compensation, health care providers and automotive insurers costing billions in phony claims annually. The MyoGauge Pain Validity Tests will drastically decrease the number of criminal insurance claims submitted and will aid insurance companies and employers in reducing insurance costs. "American Capital Partners is pleased with the results of the initial clinical tests and looks forward to the final results being published. We are confident that MyoGauge will greatly enhance our business profile as a holding company," says American Capital Partners CEO Frank Speight.

About MyoGauge Corporation: The MyoGauge System is a computerized physical assessment device that measures and analyses muscle strength and joint range of motion. A MyoGauge test, utilizing the MyoGauge Pain Validity System, will identify the legitimacy of an insurance claim as well as document the extent of impairment. The MyoGauge System addresses the problem of "evidenced documentation" being required by insurance companies. The MyoGauge Testing System will identify and verify staged auto accident injuries for profit, on the job malingerers and low back fraudulent claims. The MyoGauge Test has proven successful in identifying individuals that are trying to fake an injury and exacerbate their symptoms to file a fraudulent insurance claim. Another application of the Testing System is to utilize for pre-employment evaluation for pre-existing injuries that would hinder job performance and lead to future worker compensation claims.

Safe Harbor:

Except for historical information contained herein, the statements made in this press release constitute "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995, which invoke significant risks and uncertainties. Certain factors, including those outside the company's control, may cause actual results to differ materially from those discussed in the forward-looking statements.

For additional information contact:
Joseph Kump
561-366-9211
joe@acpbdc.com


Copyright © 2008 Market Wire. All rights reserved.



Article : American Capital Partners Limited Announces the Completion of Clinical Testing for MyoGauge Corporation
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