LA MESA, Calif., Feb. 25, 2004 (PRIMEZONE) -- Quality of Life Health Corporation (Pink Sheets:QLHC): Doug Hanson, Co-chairman of LT Resources Inc. (LTR) is pleased to announce that the Company has entered into an exclusive agreement to market and sell Value Health Access Corporation's Plan B Medical Savings Card to its existing customer base of over 130,000 OTR (over-the-road) truckers. The pilot program and launch date has been set at April 1, 2004.
Projections expect sales to top $7,000,000 in annual revenues within the first twelve months of the agreement and over $30,000,000 annually within three years.
LTR (Http://www.loadbook.com) is a technology, sales and marketing company representing over 250,000 long haul trucks and their drivers throughout the United States and Canada. LTR provides the freight transportation industry with leading edge Internet-based communications and operational software as well as cost effective services and products to its customer base. LTR's product suite allows truckers and shippers to more efficiently move and track their freight. LTR will bring to the attention of its drivers the advantages of the Plan B Medical Savings Card as many of them and their families are not covered by a health care plan.
Ira Roffel Senior VP of Sales and Marketing of Value Health Access Corporation (www.vhac.com) a subsidiary of Quality of Life Health Corporation (Pink Sheets:QLHC) (http://www.qlhc.net) states that he is very excited about this relationship. Mr. Roffel says, "Many of the benefits beyond the dramatic medical savings of up to 50% with 600,000 healthcare providers will be of particular interest to truckers. There are many value added services such as: emergency rescue, medical travel assistance, medifile, and others that are travel related health benefits ideal for those on the road. With our newest benefit of up to $7,500 in excess accident expense coverage and a $15,000 AD&D I would be amazed if any uninsured driver would pass on this especially with the recommendation and introduction of LTR."
Safe-Harbor Statement
Statements in this news release that relate to future plans, financial results or projections, events or performance are forward-looking statements within the meaning of Sections 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company's business and operations are subject to a variety of risks and uncertainties and consequently, actual results may materially differ from those projected by any forward-looking statements.