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Pre-Paid Legal Services, Inc. to Host ‘Business for Today’ Event at U.S. Chamber of Commerce in Washington, D.C., March 14, 2011

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ADA, Okla., March 10, 2011 /PRNewswire/ — Pre-Paid Legal Services, Inc. (NYSE: PPD) will host its “Business for Today” special event on Monday, March 14 at 7:30 p.m. in the headquarters of the U.S. Chamber of Commerce, 1615 H Street, NW, Washington, D.C. During the event PPD Founder and Chairman of the Board, Harland Stonecipher, will be recognized by U.S. Chamber of Commerce President and CEO, Thomas J. Donohue.

The “Business for Today” event is part of an ongoing series of events organized by PPD to draw attention to the value of entrepreneurship and the opportunities for business development as a Pre-Paid Legal Services independent associate.

As part of the “Business for Today” event, President Donohue will commend Chairman Stonecipher for his dedication to entrepreneurship and business development.

“Harland Stonecipher has been a lifelong advocate of both the free enterprise system and the concept of ‘equal justice under the law.’ Through his entrepreneurial vision he has created a means by which thousands of Americans and Canadians can share that vision as associates with Pre-Paid Legal Services, Inc.,” Donohue said.

In utilizing a direct selling business model to market its legal service plans to families and individuals, Pre-Paid Legal Services has offered an opportunity for individuals to create their own business as Pre-Paid Legal Services independent associates. There are an estimated 400,000 independent associates for the company.

“As a result of the great depression and its aftermath, a growing number of North Americans are out -of-work and in need of an opportunity for the future,” Stonecipher said. “This is a pivotal year for Pre-Paid Legal Services and we have undertaken the ‘Business for Today’ campaign to spread the message of hope to those who will listen,” he continued.

The “Business for Today” program at the U.S. Chamber is another important step in carrying the message of opportunity. In addition to remarks by President Donohue, the one-hour event will include brief presentations by Fran Tarkenton, NFL Hall of Fame member and founder of GoSmallBiz.com and an exclusive group of the top performing PPD independent associates, including: Dave Savula, Dawsonville, Georgia; Brian Carruthers, Davidsonville, Maryland; and Darnell Self, Upper Marlboro, Maryland.

PPD launched its “Business for Today” campaign with a special 30-minute broadcast on Fox Business Network on January 1 of this year. This year, Chairman Stonecipher has also participated in a series of special business recruitment events in markets like San Diego, California and Atlanta, Georgia. The “Business for Today” campaign will also be highlighted at PPD’s International Convention in Oklahoma City, April 7-9, 2011.

Pre-Paid Legal Services has been a long-term corporate member of the U.S. Chamber of Commerce and Chairman Stonecipher is a past member of the U.S. Chamber of Commerce Board of Directors.

About PPD

We believe our products are one of a kind, life events legal service plans. Our plans provide for legal service benefits provided through a network of independent law firms across the U.S. and Canada, and include unlimited attorney consultation, will preparation, traffic violation defense, automobile-related criminal charges defense, letter writing, document preparation and review and a general trial defense benefit. We have an identity theft restoration product we think is also one of a kind due to the combination of our identity theft restoration partner and our provider law firms. More information about us and our products can be found at our homepage at http://www.prepaidlegal.com.

Forward-Looking Statements

Statements in this press release, other than purely historical information, regarding our future plans and objectives and expected operating results, dividends and share repurchases and statements of the assumptions underlying such statements, constitute forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements contained herein are based on certain assumptions that may not be correct. They are subject to risks and uncertainties incident to our business that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties are described in the reports and statements filed by us with the Securities and Exchange Commission, including (among others) those listed in our Form 10-K, Form 10-Q and Form 8-K. Please refer to pages 20 – 23 of our 2010 Form 10-K for a more complete description of these risks. Additionally, these risks and uncertainties may include changes in associate recruitment and member retention. We undertake no duty to update any of the forward-looking statements in this release.

Additional Information and Where to Find It

In connection with the merger, Pre-Paid will prepare a proxy statement to be filed with the Securities and Exchange Commission (the “SEC”). When completed, a definitive proxy statement and a form of proxy will be mailed to Pre-Paid’s shareholders. BEFORE MAKING ANY VOTING DECISION, PRE-PAID’S SHAREHOLDERS ARE URGED TO READ THE PROXY STATEMENT REGARDING THE MERGER CAREFULLY AND IN ITS ENTIRETY BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED MERGER. Pre-Paid’s shareholders will be able to obtain without charge, a copy of the proxy statement (when available) and other relevant documents filed with the SEC from the SEC’s website at www.sec.gov. Pre-Paid’s shareholders will also be able to obtain, without charge, a copy of the proxy statement and other relevant documents (when available) by directing a request by mail or telephone to Pre-Paid Legal, Attn: Randy Harp, One Pre-Paid Way, Ada, Oklahoma 74820, telephone: (580) 436-1234, or the investor relations section of the Company’s website: http://www.prepaidlegal.com/newCorp2/investor/investor_home.html

SOURCE Pre-Paid Legal Services, Inc.

 

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