Pre-Paid Legal Services, Inc. to Host 2010 Leadership Summit in Dallas, Texas, September 9-11, 2010

ADA, Okla., Aug. 26 /PRNewswire-FirstCall/ -- After a 10-year run in Las Vegas, Nevada, Pre-Paid Legal Services, Inc. (NYSE: PPD) is moving its 2010 Leadership Summit to the American Airlines Center and the Hyatt Regency in Dallas, Texas on September 9-11. The corporate event will bring an estimated 10,000 independent PPD associates to the city.

The relocation of the annual PPD event offers strategic advantages for both the company and the associates, including the city's centralized geographic location and access, state-of-the-art venues and community amenities.

"The 2010 Leadership Summit marks a turning point in this important Pre-Paid Legal Services event and we're confident the Dallas venues, coupled with an excellent program agenda, will make this the first of many memorable 'Lone Star' events," said PPD Founder and Chairman of the Board Harland C. Stonecipher.

Dallas Convention & Visitors Bureau President & CEO Philip Jones says the Pre-Paid Legal Services Leadership Summit is a valuable addition to the roster of industry events in Dallas.

"We welcome Pre-Paid Legal Services to the community and we appreciate the anticipated $8.6 million economic impact this event will have on the Dallas economy," Jones said.

One of the highlights of the 2010 Leadership Summit will be the Friday evening, September 10, keynote presentation by John Fleming, publisher and Editor in Chief of Dallas-based Direct Selling News, a leading voice in the direct selling and network marketing industry. Mr. Fleming and Robert T. Kiyosaki co-authored the book, The Business of the 21st Century, which offers a perspective on the growth opportunities in the direct selling industry.

"Given our current economic conditions, there has never been a better time to focus on the value of self-sufficiency and the opportunities in the direct selling industry," Fleming said. "It's an inclusive industry, providing opportunity for people in all walks of life and economic conditions, and unlike most traditional business models, direct selling does not require a significant financial investment," he said.

The three-day event also includes a packed agenda of meetings, workshops and training programs to help participating associates expand their industry knowledge, enhance their business development skills and to network with other associates from throughout the U.S. and four provinces of Canada. The 2010 Summit will also include the "Black & Gold Banquet," an annual tradition that recognizes associates who have achieved the highest levels of success in the organization.

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 as well as 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 because of the combination of outside vendors 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, and include the risks that our membership persistency or renewal rates may decline, that we may not be able to continue to grow our memberships and earnings, that we are dependent on the continued active participation of our principal executive officer, that pending or future litigation may have a material adverse effect on us if resolved unfavorably to us, that we may have compromises of our information security, that consumer purchases of discretionary items may be impacted by a downturn in the economy, that we could be adversely affected by regulatory developments, that competition could adversely affect us, that we are substantially dependent on our marketing force, that our stock price may be affected by short sellers, that we have been unable to increase our employee group membership sales, that our active premium in force is not indicative of future revenue as a result of changes in active memberships from cancellations and additional membership sales and that we have repurchased more than half of our outstanding shares. Please refer to pages 16 through 19 of our 2009 Form 10-K and pages 7 and 8 of our June 30, 2010 Form 10-Q for a more complete description of these risks. We undertake no duty to update any of the forward looking statements in this release.

SOURCE Pre-Paid Legal Services, Inc.