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Non-Tech : Life Partners (lphi)

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To: leigh aulper who started this subject3/13/2002 2:04:09 PM
From: leigh aulper   of 29
 
LPHI Signs Agreement With Top 10 New York Investment Bank
WACO, Texas--(BUSINESS WIRE)--March 13, 2002--Life Partners Holdings, Inc. (OTCBB:LPHI - news) said today that it has signed a definitive agreement with a top 10 New York based investment bank to provide senior life settlements to be used as collateral for securitized offerings to the capital markets.

LPHI said if it successfully meets its goals under the agreement, it expects to earn at least $1.50 per share after tax per quarter beginning in the second fiscal quarter of the current fiscal year
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