To: SSP who wrote (41126 ) 4/4/2000 9:40:00 AM From: herry iball Respond to of 150070
LAWW: News and May Impact Date Tuesday April 4, 6:05 am Eastern Time Company Press Release New B2B Offerings to Increase Revenue Stream SEATTLE--(BUSINESS WIRE)--April 4, 2000--legalopinion.com (OTCBB:LAWW - news) announced the formation of several business-to-business (B2B) service packages and strategic alliances that are expected to generate a substantial recurring revenue stream for the Company. ``We are currently focusing on two new service offerings in the areas of employee benefits and health care law that will be marketed to businesses on a subscription basis,' stated John M. Marencik, President and CEO. ``One offering will provide online access to legal expertise for the employees and families of subscribing companies,' Marencik continued, ``while the other will create a virtual private network (VPN) for North American Health Care Facilities needing legal advice on specific issues affecting their operations.' legalopinion.com will rollout the first of the new B2B offerings in May. The Company's short-term target for the employee benefit program is $100,000 per month revenue by the fall of 2000 and believe this can be increased to between $600,000 and $1,000,000 per month over the following year as the marketing focus is expanded throughout North America. The first of the strategic alliances, a co-branded site with newsletters.com was launched Friday, March 31, 2000. US Legal Forms will be launched in the next few days. legalopinion.com is a Seattle, Wash.-based online directory service offering consumers the convenience and quality of in-home and in-business legal consultation at an affordable price. Through our directory we give consumers and attorneys the ability to interact in a new, simple, and convenient way. The uniqueness comes from providing consumers with direct access to an online, written opinion from a licensed attorney experienced in their problem area and located in their geographic jurisdiction. Interested parties can access the site at www.legalopinion.com. Statements made by the company may be forward looking in nature. Actual results may differ from those projected. The company believes that the information in this release is from sources considered reliable, but can not guarantee that the statements presented herein are accurate or complete.