SOURCE: Legends Business Group, Inc.

June 13, 2008 15:02 ET

Legends Business Group, Inc. to Expand Alternative Billing Methods

CASSELBERRY, FL--(Marketwire - June 13, 2008) - Legends Business Group, Inc. (OTCBB: LGBS) announced today it has entered negotiations with two national and one international credit card payment service provider to secure agent agreements, which would expand client payment offerings to include credit card and debit card billing methods in addition to LEC (Local Exchange Carrier) billing. Once negotiations have been completed, Larry Powalisz, CEO and President of Legends Business Group, Inc., anticipates up to a twenty-five percent increase in new customers who offer credit card billing.

Based on data from Jupiter Research on American Banking, debit cards will account for 46% of all online purchases by 2010 compared to 41% in 2006. In a recent TNS Financial Services Consumer Credit Card Program Study, over 60% of consumers indicated a preference in using debit cards compared to credit cards as a payment method of choice.

"Credit cards and debit cards offer a tremendous ease of doing business for both the consumer and our client companies. Debit cards are like spending cash without an interest-bearing loan from the credit card company. Pin identification debit cards provide an extra level of protection against Identity Theft. All of our payment options are focused on convenience of use for both consumer and our clients. These payment options accelerate the transaction process, increase revenues and cash flow, reduce bad debt losses and open the products and services offered by our clients to literally millions of new potential customers," said Larry Powalisz, CEO and President of Legends Business Group, Inc.

Agreements are expected to be finalized and announced within the month.

About Legends Business Group, Inc.:

Legends Business Group, Inc. is an Over the Counter Bulletin Board stock which trades under the symbol LGBS. To obtain additional information about Legends Business Group, Inc., please visit the Company's website, which may be found at: www.lbgi.net.

This press release contains statements that are "forward-looking," and involve a number of risks and uncertainties. Statements that are not historical facts are considered forward-looking statements, and are subject to Safe Harbor provisions as defined in the United States Private Securities Litigation Reform Act of 1995 Company results and performance may be materially different from future results, strategies, plans or goals expressed or implied by any forward looking statements made herein. The Company disclaims any obligation to update or revise any forward-looking statements.

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