ADA, Okla., March 10, 2011 /PRNewswire/ -- Pre-Paid Legal
Services, Inc. (NYSE: PPD) will host its "Business for Today"
special event on Monday, March 14 at
7:30 p.m. in the headquarters of the
U.S. Chamber of Commerce, 1615 H Street, NW, Washington, D.C. During the event PPD Founder
and Chairman of the Board, Harland
Stonecipher, will be recognized by U.S. Chamber of Commerce
President and CEO, Thomas J.
Donohue.
The "Business for Today" event is part of an ongoing series of
events organized by PPD to draw attention to the value of
entrepreneurship and the opportunities for business development as
a Pre-Paid Legal Services independent associate.
As part of the "Business for Today" event, President Donohue
will commend Chairman Stonecipher for his dedication to
entrepreneurship and business development.
"Harland Stonecipher has been a
lifelong advocate of both the free enterprise system and the
concept of 'equal justice under the law.' Through his
entrepreneurial vision he has created a means by which thousands of
Americans and Canadians can share that vision as associates with
Pre-Paid Legal Services, Inc.," Donohue said.
In utilizing a direct selling business model to market its legal
service plans to families and individuals, Pre-Paid Legal Services
has offered an opportunity for individuals to create their own
business as Pre-Paid Legal Services independent associates. There
are an estimated 400,000 independent associates for the
company.
"As a result of the great depression and its aftermath, a
growing number of North Americans are out -of-work and in need of
an opportunity for the future," Stonecipher said. "This is a
pivotal year for Pre-Paid Legal Services and we have undertaken the
'Business for Today' campaign to spread the message of hope to
those who will listen," he continued.
The "Business for Today" program at the U.S. Chamber is another
important step in carrying the message of opportunity. In addition
to remarks by President Donohue, the one-hour event will include
brief presentations by Fran
Tarkenton, NFL Hall of Fame member and founder of
GoSmallBiz.com and an exclusive group of the top performing PPD
independent associates, including: Dave
Savula, Dawsonville,
Georgia; Brian Carruthers,
Davidsonville, Maryland; and
Darnell Self, Upper Marlboro, Maryland.
PPD launched its "Business for Today" campaign with a special
30-minute broadcast on Fox Business Network on January 1 of this year. This year, Chairman
Stonecipher has also participated in a series of special business
recruitment events in markets like San
Diego, California and Atlanta,
Georgia. The "Business for Today" campaign will also be
highlighted at PPD's International Convention in Oklahoma City, April
7-9, 2011.
Pre-Paid Legal Services has been a long-term corporate member of
the U.S. Chamber of Commerce and Chairman Stonecipher is a past
member of the U.S. Chamber of Commerce Board of Directors.
About PPD
We believe our products are one of a kind, life events legal
service plans. Our plans provide for legal service benefits
provided through a network of independent law firms across the U.S.
and Canada, and include unlimited
attorney consultation, will preparation, traffic violation defense,
automobile-related criminal charges defense, letter writing,
document preparation and review and a general trial defense
benefit. We have an identity theft restoration product we think is
also one of a kind due to the combination of our identity theft
restoration partner and our provider law firms. More information
about us and our products can be found at our homepage at
http://www.prepaidlegal.com.
Forward-Looking Statements
Statements in this press release, other than purely historical
information, regarding our future plans and objectives and expected
operating results, dividends and share repurchases and statements
of the assumptions underlying such statements, constitute
forward-looking statements within the meaning of Section 21E of the
Securities Exchange Act of 1934. The forward-looking statements
contained herein are based on certain assumptions that may not be
correct. They are subject to risks and uncertainties incident to
our business that could cause actual results to differ materially
from those described in the forward-looking statements. These risks
and uncertainties are described in the reports and statements filed
by us with the Securities and Exchange Commission, including (among
others) those listed in our Form 10-K, Form 10-Q and Form 8-K.
Please refer to pages 20 - 23 of our 2010 Form 10-K for a more
complete description of these risks. Additionally, these risks and
uncertainties may include changes in associate recruitment and
member retention. We undertake no duty to update any of the
forward-looking statements in this release.
Additional Information and Where to Find It
In connection with the merger, Pre-Paid will prepare a proxy
statement to be filed with the Securities and Exchange Commission
(the "SEC"). When completed, a definitive proxy statement and a
form of proxy will be mailed to Pre-Paid's shareholders. BEFORE
MAKING ANY VOTING DECISION, PRE-PAID'S SHAREHOLDERS ARE URGED TO
READ THE PROXY STATEMENT REGARDING THE MERGER CAREFULLY AND IN ITS
ENTIRETY BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION ABOUT THE
PROPOSED MERGER. Pre-Paid's shareholders will be able to obtain
without charge, a copy of the proxy statement (when available) and
other relevant documents filed with the SEC from the SEC's website
at www.sec.gov. Pre-Paid's shareholders will also be able to
obtain, without charge, a copy of the proxy statement and other
relevant documents (when available) by directing a request by mail
or telephone to Pre-Paid Legal, Attn: Randy
Harp, One Pre-Paid Way, Ada,
Oklahoma 74820, telephone: (580) 436-1234, or the investor
relations section of the Company's website:
http://www.prepaidlegal.com/newCorp2/investor/investor_home.html
SOURCE Pre-Paid Legal Services, Inc.