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Legal Club of America Retains OTC Financial Network to Lead Comprehensive Investor Relations Campaign April
13, 2000 11:05 AM Eastern Time April 13, 2000--Legal Club of America LEGL announced today that it has selected OTC Financial Network, a division of National Financial Communications Corp. (NFC) of Needham, Massachusetts, to direct its financial communications and shareholder relations campaign. Geoffrey J. Eiten, President of National Financial Communications, commented, "Legal Club of America offers today's corporate and individual consumers access to legal representation - at reasonable prices. Given the current litigious tenor of today's world, Legal Club's market potential is tremendous." Eiten continued, "The Company is also capitalizing on its relationships with large insurance companies such as Aon Corp. and Transamerica Assurance, and is bringing its legal program to a wide variety of corporate clients including Cendant Corp., Boeing and United Airlines." Membership in one of Legal Club's plans provides members access to free and deeply discounted legal services ($75/hour vs. the national average of $194 per hour) provided by the Company's national network of attorneys, as well as assistance in finding an attorney with a particular specialty. Brett Merl, chairman and chief executive officer of Legal Club, commented, "Over 150 million Americans do not have access to legal representation. Legal Club is dedicated to changing that statistic by offering easily accessible, affordable legal services via the communication medium of today - the Internet." Legal Club of America is a nationwide discount legal referral company that provides individuals and small business owners access to a variety of free and deeply discounted legal services from a network of over 10,000 qualified attorneys throughout all 50 states. 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 PlanetOut.com and is currently enrolling its legal plans at companies such as Tower Records, 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. OTC Financial Network, a division of National Financial Communications Corp., is a financial communications and investor relations firm that specializes in micro-cap companies. 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.
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