HEADLINE NEWS
Palmer invests in USlegal, sits on board

March 29, 2005

JACKSON — USlegal Inc., a newly formed holding company whose assets include USlegalforms.com, has entered into a stock purchase agreement with former SkyTel Communications chairman John N. Palmer. Under terms of the agreement, Palmer has acquired the right to invest in excess of $5 million in the company and will join the USlegal board of directors.

USlegal Inc., as a parent corporation of various USlegal companies, integrates offerings to attorneys and the public, including legal information, legal products, legal forms and document preparation. Much of the company's success has been fueled by USlegalforms.com, which delivers immediate access to more than 36,000 state specific legal forms.

According to USlegal CEO Frank Edens, the capital provided by Palmer will assist the company in taking advantage of growth opportunities in the legal publishing industry.

"John Palmer has been a founder and chairman of several very successful companies and his investment underscores a very important endorsement of the concept our Company is developing," Edens said.

Palmer, former chairman and founder of SkyTel Communications, was appointed by President George W. Bush to serve as U.S. ambassador to Portugal, a post that he held until this year. In addition to SkyTel, which he sold to MCI WorldCom in 1999, he formed Mobile Communications Corporation of America, which he later sold to BellSouth.

"I have looked at many opportunities in the technology field and was impressed with the proven track record and business model that USlegal Inc. has implemented. I am excited about being involved and taking this company to the next level," Palmer said