On Saturday, June 20, Pre-Paid Legal Services, Inc. (NYSE: PPD) will celebrate the 10th anniversary of the company's launch in the Canadian market in Ontario and the subsequent growth and expansion into three additional Provinces of British Columbia (1999), Alberta and Manitoba (2001).CEO, Founder & Chairman Harland Stonecipher will attend the day long celebration, which will include a Super Regional meeting of the company's Canadian independent sales associates, a panel program featuring the company's "Canadian Legends" and a gala banquet at the Hilton Garden Inn, 3201 Highway 7, Vaughan, Ontario L4K 5Z7.
Over the past 10 years, PPL Legal Care of Canada, a wholly owned subsidiary of Pre-Paid Legal Services (PPL), has expanded into four Provinces, creating a strong platform for future growth in the Canadian market. PPL Legal Care of Canada currently provides coverage for approximately 25,000 families (customers). In addition, PPL's Independent Sales Associates now number approximately 11,700 in Canada. For the year 2008, PPL collected approximately $8.2 million (including foreign currency adjustments) in membership fees from the four provinces.
