October 24, 2014

Altisource Asset Management Corporation Schedules Third Quarter Conference Call

FREDERIKSTED, U.S. Virgin Islands, Oct. 24, 2014 (GLOBE NEWSWIRE) -- On Tuesday, November 4, 2014, Altisource Asset Management Corporation ("AAMC") (NYSE MKT:AAMC) will report earnings results for the third quarter of 2014. A press release and presentation will be available on AAMC's website at www.altisourceamc.com through the Shareholders home page.

AAMC will also host a conference call at 11:30 a.m. Eastern Time on November 4, 2014 to discuss its third quarter results. A link to the live audio webcast will be available on AAMC's website 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. Additional information is available at www.altisourceamc.com.

CONTACT: FOR FURTHER INFORMATION CONTACT:

         Robin N. Lowe

         Chief Financial Officer

         T: 345-815-9919

         E: Robin.Lowe@AltisourceAMC.com


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