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To: CIMA who wrote (3516)7/13/1999 1:43:00 PM
From: RCJIII  Respond to of 150070
 
Buying more NAMCW, made lots of money so far, it has a long way to go. Today's news tells the story. This is a phenomenal play. Look for news on major insurance companies signing up for the service soon.

(COMTEX) B: NAM CORP.'S NEW VIRTUAL COURTROOM SERVICE, CLICKNSETTLE.C
B: NAM CORP.'S NEW VIRTUAL COURTROOM SERVICE, CLICKNSETTLE.COM, FEATURED IN
THIS WEEK'S BUSINESS WEEK

GREAT NECK, N.Y., Jul 13, 1999 /PRNewswire via COMTEX/ -- The July
19, 1999 issue of Business Week magazine features an article
highlighting the successful launch of clickNsettle.com, NAM Corp.'s new
Internet-based, interactive virtual court service. clickNsettle.com is
a new subsidiary of NAM Corp. (Nasdaq: NAMC), the national provider of
arbitration and mediation services and electronic case management
software.

The article is just one example of the positive media attention focused
on clickNsettle.com since its launch on June 23, including recent
stories in Newsday, Reuters, CBS Marketwatch and National Public
Radio's "Marketplace."

"The extremely positive response we've gotten about clickNsettle.com
from clients, investors and the financial media has been exceptional,"
said Roy Israel, Chairman and CEO of NAM Corp. "It's clear to everyone
that clickNsettle.com is a product that offers quick, efficient and
legally-binding resolutions to monetary disputes. Cases that would
normally take years to resolve are being settled in weeks, days or even
minutes."

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
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com -0-
CONTACT: Adam Pockriss of Dan Klores Associates Public Relations,
212-981-5228, for NAM Corporation

WEB PAGE: clicknsettle.com

GEOGRAPHY: New York

INDUSTRY CODE: CPR