TAMPA, Fla.--()--The Amacore Group, Inc., (OTC BB: ACGI), a leader in providing health-related membership benefit programs, insurance programs, and other innovative and high-quality solutions to individuals and families across the country, today announced that its President Jay Shafer will be featured in an exclusive interview with http://www.wallst.net on August 29, 2007, at 11:00 am Eastern Daylight Time. The interview will be posted on http://www.wallst.net by the following day, August 30, 2007.
The interview will cover topics including those discussed in The Amacore Group’s 10-Q filed last week, covering the first full quarter since the soft launch of its Smarthealth Plus and Smarthealth Premier programs. In that filing, the Company reported sales of $432,590. The Amacore Group has contracted with a number of other discount networks and now provides not only vision programs but discount dental programs, hearing programs, chiropractic programs, counseling programs, a nurse line program, and pharmacy programs. In all, the Company now has a healthcare product range of approximately 67 different programs.
It also has established distribution agreements with, among others, Selective Health Plan, LLC and LA Marketing Plans, LLC, both companies being well experienced in the direct response sales market. It also contracted with Chase Paymentech Solutions, LLC, one of the world’s largest merchant acquirers accepting payments at the point of sale for the following industries; hospitality, internet, retail, catalogue and recurring billing.
Shafer will also discuss the Company’s electronic systems designed to not only track sales and revenues, but to facilitate the weekly payment of sales commissions to sales agents. Management believes that this type of payment schedule will significantly strengthen relationships with the Company’s various sales organizations. On May 1, in a remarkable 60-day program build, the Company completed the development of the Amacore gateway for transactions that include direct response, call center and web enrollment integrating commerce engines, its direct lease line to Paymentech and commission reconciliation for the benefit of its marketing partners. Further, this development now allows Amacore to transition existing ECI business to a monthly renewal model.
Significantly, during the four-month test period of this system, the Company generated gross revenues equaling an approximate 100% increase over the total gross revenues which the Company earned for the entire calendar year of 2006.
To hear the interview in its entirety, visit http://www.wallst.net, and click on "Interviews." The interview can be accessed either by locating the company's ticker symbol under the appropriate exchange on the left-hand column of the "Interviews" section of the site, or by entering the company's ticker symbol in the Search Archive window once it is posted.
About The Amacore Group, Inc.
The Amacore Group offers innovative and affordable healthcare solutions to families, individuals, small and large employer groups, and association markets through a wide array of unique products, benefits and services created for the Consumer Driven Healthcare market. Amacore offers a unique and proprietary administrative system that supports call center management, agent distribution and affinity marketing for all levels of product delivery and reporting. Amacore has created several Limited Medical programs that include our new Diamond Series and Discount Medical programs, featuring Smarthealth Plus and Smarthealth Premier that expand the Company's offerings beyond its very successful eye care program, Eye Care International (www.ecivisionplan.com). These new programs offer discounts on quality hearing, dental, vision and doctor visits, among other benefits. The Company is aggressively signing distribution and sales contracts with marketing companies to offer these programs nationwide. For further information, visit www.amacoregroup.com.
About WallSt.net
www.wallst.net is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. (http://www.financialmediagroupinc.com). The Web site is a leading provider of timely business news, executive interviews, multimedia content, and research tools. Financial Media Group, Inc. also owns http://www.mywallst.net, a financial social network for investors, and Financial Filings Corp. (http://www.financialfilings.com), a provider of media and compliance solutions to publicly traded companies. In addition to WallSt.net, WallStreet Direct, Inc. owns and operates WallStRadio (http://www.wallstradio.com), a business and finance podcast Web site. Financial Filings Corp. is expecting to receive two hundred eighty dollars from SAN Holdings for the dissemination of this press release. For a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.asp.
This press release contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. In some cases, you may identify forward-looking statements by words such as "may," "should," "plan," "intend," "potential," "continue," "believe," "expect," "predict," "anticipate" and "estimate," the negative of these words or other comparable words. These statements are only predictions. One should not place undue reliance on these forward-looking statements. The forward-looking statements are qualified by their terms and/or important factors, many of which are outside the Company's control, involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially from the statements made. The forward-looking statements are based on the Company's beliefs, assumptions and expectations of our future performance, taking into account information currently available to the Company. These beliefs, assumptions and expectations can change as a result of many possible events or factors, including those events and factors described in "Risk Factors" in the prospectus, not all of which are known to the Company. Neither the Company nor any other person assumes responsibility for the accuracy or completeness of these statements. The Company will update the information in this press release only to the extent required under applicable securities laws. If a change occurs, the Company's business, financial condition, liquidity and results of operations may vary materially from those expressed in the aforementioned forward-looking statements.

