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Altisource Asset Management Corporation Schedules First Quarter 2013 Conference Call

FREDERIKSTED, U.S. Virgin Islands, May 3, 2013 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation ("AAMC") (OTCQX:AAMC) will report earnings results for the first quarter of 2013 on Thursday, May 9, 2013. AAMC will also host a conference call at 11:30 a.m. Eastern Time on May 9, 2013 to discuss its first quarter results. A link to the live audio webcast will be available on AAMC's website at www.altisourceamc.com through the Shareholders home page. Those who want to listen to the call should go to the website at least fifteen minutes prior to the call to register, download and install any necessary audio software. A replay of the conference call will be available via the website approximately two hours after the conclusion of the call and will remain available for approximately 30 days.

About Altisource Asset Management Corporation

AAMC is an asset management company that provides portfolio management and corporate governance services to investment vehicles that own real estate related assets. Its initial client is Altisource Residential Corporation, a real estate investment trust that is focused on providing affordable rental homes to families throughout the United States.  Additional information is available at www.altisourceamc.com .

CONTACT: Kenneth D. Najour
         Chief Financial Officer
         T: 561-682-8947
         E: Kenneth.Najour@AltisourceAMC.com

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