Pre-Paid Legal Services, Inc.
Announces Canadian Expansion
Earnings to be announced on July 19
ADA, Okla.--(BUSINESS WIRE)--July 7, 1999--Pre-Paid Legal
Services, Inc. [PPD-news] ("Pre-Paid"), today announced it began
writing business in the Canadian province of Ontario last week through
its wholly owned subsidiary, PPL Legal Care of Canada Corporation, and
expects to begin writing business in British Columbia later this
month.
Pre-Paid will continue its efforts through the remainder of the
year to begin writing new memberships in all remaining Canadian
provinces and territories.
Pre-Paid Chairman Harland Stonecipher commented, "Although our
Canadian expansion is only days old, more than five thousand sales
associates have signed up to sell our memberships. There appears to be
a tremendous amount of energy and excitement with our new Canadian
sales force and we expect great things to happen in Canada during the
remainder of this year and into the future."
Pre-Paid also announced it will release its 1999 second quarter
earnings on July 19, 1999 before trading begins and will host a
conference call on the same day at 7:30 a.m. Central Daylight Savings
Time to discuss its second quarter operating results.
Pre-Paid Legal Services develops, underwrites and markets legal
service plans nationally. The plans provide for or reimburse legal
service benefits, including unlimited attorney consultation, will
preparation, traffic violation defense, automobile-related criminal
charges, letter writing, document preparation and review and a general
trial defense benefit. More information can be located at the
Company's homepage on the worldwide web (www.pplsi.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 |
