NEWS RELEASE
For Release 8:00 a.m. Eastern
Monday, April 17, 2000
PRE-PAID LEGAL SERVICES, INC. ANNOUNCES STRATEGIC RELATIONSHIP WITH LAWINFO.COM
ADA, OK, April 17, 2000 - Pre-Paid Legal Services, Inc. (NYSE:PPD) and LawInfo.com today announced a strategic relationship to provide legal service benefits to consumers searching for legal solutions on the Internet.
"This is the beginning of our corporate e-commerce strategy to be the pre-eminent leader for distributing legal content and legal solutions via the Internet. Most consumers are not fully aware of their legal rights, don't know a lawyer and cannot afford the high cost of representation. This relationship combines legal content and education with access to qualified and experienced attorneys as an affordable value. The Internet has evolved as the first stop for millions of consumers searching for legal solutions because skyrocketing legal costs continue to drain our wallets. The needs of consumers and small business owners for in-office professional legal services have not diminished because of the Internet", said Rich Garofalo, Pre-Paid's Vice President of Business and Internet Development. "We have developed an application to provide solutions to legal events at the consumer's time of need, and Lawlnfo.com is the first of several strategic relationships we are building."
"In the past ten years, LawInfo.com has come to understand the public's need for quality legal information, assistance and representation. The consumer section of our site provides help to educate and inform clients of their legal rights and the law in general. I believe this relationship with Pre-Paid now allows LawInfo.com visitors access to managed legal service benefits and find additional solutions to their legal needs." said LawInfo's Founder and CEO Gunter Enz.
LawInfo.com (www.lawinfo.com), recently rated one of the top 500 E-commerce companies by ZDNet, has been active in the legal industry since 1989. LawInfo.com is the premiere Internet legal information resource for consumers and businesses. The company also services the needs of the legal profession for Web site design, hosting, research, education, technology, office management, and marketing solutions. The company is a closely held California Corporation.
Pre-Paid Legal Services, Inc. develops, underwrites and markets legal service plans nationally. The plans provide for legal service benefits, including unlimited attorney consultation, letter writing, document preparation and review, will preparation, traffic violation defense, automobile-related criminal charges and a general trial defense benefit. More information can be located at the Company's homepage on the worldwide web at prepaidlegal.com.
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives and expected operating results constitute forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are based on certain assumptions which may not be correct and are subject to all of the risks and uncertainties incident to the Company's business which are described in the reports and statements filed by the Company with the Securities and Exchange Commission. As a result, actual results may vary materially from those described in the forward-looking statements.
Contact:
Melanie Danielson
(580) 436-1234
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