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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: CIMA who wrote (11914)	7/7/1999 10:15:00 AM
From: RCJIII	Respond to of 52051

Positive personell news out on NAMC. This one is going to be BIG. (PR NEWSWIRE) Wall Street Veteran Jeffrey Lederer Named to NAM Corp. Board Wall Street Veteran Jeffrey Lederer Named to NAM Corp. Board of Directors; NAM's New clickNsettle.com Service Spotlighted on Forbes.com GREAT NECK, N.Y., July 7 /PRNewswire/ -- NAM Corp. (Nasdaq: NAMC) -- the national provider of arbitration and mediation services and electronic case management software -- announced today that respected Wall Street veteran Jeffrey Lederer has been named to sit on the company's board of directors. Mr. Lederer is a former general partner at both Neuberger & Berman, the renowned New York investment firm, and Glickenaus & Co., where he helped build one of the most respected money management firms in the country. He is also the founder and senior member of Brook Holdings, a leading financial services company. "Jeff Lederer's extensive experience and unique insight will be an invaluable asset to NAM Corp. as we continue our rapid growth," said Roy Israel, Chairman and CEO of NAM Corp. In other NAM Corp. news, Forbes.com, the online edition of Forbes magazine, has just published an article highlighting the successful launch of clickNsettle.com, NAM's new Internet-based, interactive virtual court service. The article -- which can be found at forbes.com -- is just one example of the positive media attention focused on clickNsettle.com, including recent stories in Newsday, Reuters, CBS Marketwatch and National Public Radio's "Marketplace." ClickNsettle.com offers an alternative to traditional litigation and provides litigants with the ability to settle cases via the Internet. The service, with patent pending, can be accessed 24 hours a day, 7 days a week and is being targeted to the multi-billion-dollar litigation market. NAM Corporation provides arbitration/mediation services and related proprietary software. Headquartered in Great Neck, New York, NAM maintains Hearing Officer rosters and conference facilities nationwide. The statements contained in this release contain forward-looking statements relating to such matters as anticipated financial performance, business prospects and similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause the Company's actual results and experience to differ materially from the anticipated results or other expenditures expressed in the Company's forward-looking statements. These factors include changes in the markets and/or regions currently served by the Company and in those markets and/or regions that the Company may expand into; changes in the insurance industry; the Company's inability to retain current or new hearing officers; changes in the public court system; and the degree and timing of the market's acceptance of its software. SOURCE NAM Corporation -0- 07/07/99 /CONTACT: Adam Pockriss of Dan Klores Associates Public Relations, 212-981-5228, for NAM Corp./ /Web site: namadr.com (NAMC) CO: NAM Corporation ST: New York IN: CPR SU: PER * end of story *