SOURCE: London & Pacific Healthcare, Inc.

June 05, 2007 06:30 ET

London & Pacific Healthcare, Inc. Signs Long-Term Exclusive Agreement With NASD Broker Dealer

Company Aligns With L&P Capital Advisors to Provide Broad Range of Healthcare Finance Services

EL SEGUNDO, CA--(Marketwire - June 5, 2007) - London & Pacific Healthcare, Inc. (PINKSHEETS: LDPH) ("London & Pacific," the "Company"), a corporate finance and development company, today announced its long-term agreement with L&P Capital Advisors, LLC ("L&P Capital") to be the exclusive broker dealer for all of its transactions requiring investment banking services. This service contract will enable the Company to further access investment capital, build on revenue growth, streamline operations and enhance service offerings to its growing national and international client base. L&P Capital will work exclusively with the Company on all of its healthcare related finance transactions.

This exclusive relationship with a Broker/Dealer positions the Company uniquely in the marketplace, providing additional bandwidth for deal origination and funding. L&P Capital recently secured its membership in the National Association of Securities Dealers (NASD). London & Pacific will begin transacting all of its securities business, with immediate effect, through L&P Capital, Member NASD.

"L&P Capital, which will locate its office contiguous to our El Segundo (Los Angeles) office, will enable London & Pacific to significantly broaden its service offerings to its clients. This arrangement provides each of our clients with the ability to seamlessly tap into a comprehensive range of capital sources to meet their specific needs," said Stuart Bruck, Executive Chairman of London & Pacific.

Eric J. Weissman, currently Managing Director of London & Pacific, has been appointed President of L&P Capital. Mr. Weissman will bring valuable experience in the areas of investment banking and public accounting, including a track record of successful healthcare mergers and acquisitions and other capital raising transactions in the healthcare sector.

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

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.

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