Legal Club of America, Corp. Enters Non-exclusive Investment Banking Relationship with M.H. Meyerson & Co.

Tuesday April 18 3:04pm Source: BusinessWire SUNRISE, Fla.--(BUSINESS WIRE)--April 18, 2000

Legal Club of America, Corp. (OTC BB: LEGL) announced today that it has entered into an agreement with M.H. Meyerson & Co., ranked 15th in 1999 among top NASDAQ/OTC securities brokers according to AutEx/Block Data. M.H. Meyerson has agreed to provide a number of investment banking services to the Company. These services will include, but are not limited to, participating as required in capital formation, the rendering of strategic and market related advice and a variety of other services.

Kenneth Koock, Vice Chairman of M.H. Meyerson & Co. stated, "Legal Club of America is uniquely positioned to become one of the nation's leading providers of products and services to America's corporate employees with its nationwide distribution network of over 20,000 insurance and benefit consulting agents. Additionally, Legal Club has one of the nation's most sophisticated legal web sites for consumers and legal professionals, allowing the Company to derive multiple sources of e-commerce and advertising revenue.

"Brett Merl, CEO of Legal Club of America, stated, "We believe our relationship with M.H. Meyerson & Co. provides additional support to enable our Company to reach its short and immediate goals while allowing for the participation of other Wall Street firms.

"Legal Club of America is a nationwide discount legal referral company that provides individuals and small business owners with a variety of free and deeply discounted legal services from a network of over 10,000 qualified attorneys throughout all 50 states, Puerto Rico, the US Virgin Islands and Singapore. The Company markets its products through a combination of work-site enrollments, infomercials, direct marketing and Internet marketing through its Web site, www.legalclub.com. Legal Club of America has strategic marketing arrangements with NetZero.com, EmployeeSavings.com and JoinUsOnLine.com and is currently providing its plans to the employees of companies such as 3M, Cendant Corp., Boeing, and Honeywell. The Company is headquartered in Ft. Lauderdale, FL and has regional sales offices in Tampa, Chicago, New York and Denver. Institutional investors include SF Sentry Fund and Edelson Technologies and Bulldog Investments.

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission

Contact:
Legal Club of America
Bret Merl,
954/267-0445
Chairman/Chief Executive Officer
or
OTC Financial Network
Mario "Ike" Icacoviello,
760/931-9211 Investor Relations
ike@otcfn.com

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