Pre-Paid Legal Announces 3rd Quarter Membership Figures

  • Pre-Paid Legal Services, Inc.(NYSE: PPD), reported new memberships produced and new sales associates enrolled for the 2009 third quarter. During the 3rd quarter of 2009, new sales associates enrolled increased 99.4% compared to the third quarter of 2008. Memberships produced increased by 20.7% while new membership fees written increased by 20.5% and our active membership base decreased 1.9% compared to the comparable period of the previous year.

    On a sequential quarterly basis, new associates enrolled increased 199.5%; new memberships produced increased 43.2%, new membership fees written increased 41.8% and our active membership base increased by 39,684 memberships.