SOURCE: London & Pacific Healthcare, Inc.

July 12, 2007 09:00 ET

London & Pacific Healthcare Acts as Transaction Consultant to Acquisition

EL SEGUNDO, CA--(Marketwire - July 12, 2007) - London & Pacific Healthcare, Inc. (PINKSHEETS: LDPH) (FRANKFURT: EGU) ("London & Pacific," the "Company") is pleased to announce the merger of AssistMed, Inc. with Clinication, Inc., a North Carolina-based provider of patient adherence management systems. The Company served as the exclusive financial advisor to Clinication in this transaction.

Headquartered in Los Angeles, AssistMed is an enterprise systems provider of online transcription and electronic health record application services used by physicians, hospitals, payers and organizations. Clinication will join AssistMed's extensive suite of information technology solutions to healthcare organizations.

Stuart Bruck, Executive Chairman of London & Pacific, commented, "We are delighted the transaction has been completed and Clinication is now part of the AssistMed family. Clinication's technological solutions can immediately enhance AssistMed's market position as a leader in the healthcare information sector. Both teams are excited about the impact this transaction will have on the industry."

The deal strengthens AssistMed's reach in delivering community, regional and global solutions while maintaining both companies' legacy of patient-centric solutions.

About AssistMed, Inc.

AssistMed provides clinical information technology solutions for physician practices and healthcare organizations. The AssistMed suite of products presents a unified, online view of all physicians' clinical encounters, enabling hospitals and physicians to function as an integrated healthcare system while optimizing clinical documentation. Offering state-of-the-art information technology solutions, AssistMed transforms the management of healthcare information to create more cost-effective care. Visit www.assistmed.com for more information.

About Clinication, Inc.

Clinication™ is a secure, HIPAA-compliant, web- and cell phone-based Patient Adherence Management System that instructs, reminds and monitors patients' status and compliance with prescribed care plans, promoting cost-containment, improved outcomes, and an effective care-management partners. Clinication delivers patient adherence solutions for health insurers, pharmaceutical stakeholders, employers and disease management providers, all of which incur a significant financial risk due to patient noncompliance and the subsequent poor health outcomes. Additional information can be found at www.clinication.com.

About London & Pacific Healthcare, Inc.

London & Pacific Healthcare, Inc., with offices in Los Angeles and London, operates three synergistic operating divisions that capitalize on emerging growth opportunities in the global healthcare industry. City & Westminster Advisers Limited provides comprehensive strategic and financial advisory services to healthcare companies and organizations. HealthSPAC LLC is a financial sponsor and incubator for Special Purpose Acquisition Companies (SPACs) in healthcare. Healthcare Fund Advisors LLC, provides specialized buy-side sourcing and analysis services to clients investing in the global healthcare sector. For additional information, please visit the corporate website at www.lphealthcare.com.

Safe Harbour Disclaimer: This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are "forward-looking statements" are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as: the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels.

Contact Information