SOURCE: Market & Research Corp.

July 07, 2008 13:00 ET

Market & Research Corp. Files Form 10

WESTPORT, CT--(Marketwire - July 7, 2008) - Market & Research Corp. ("MKRC") (PINKSHEETS: MTRE) today announced that it has submitted a Form 10 to the SEC, requesting re-registration pursuant to the Securities Exchange Act of 1934, as amended. This would enable MKRC to apply to become a Bulletin Board stock. Gary Stein, President, stated, "Uplisting off the Pinksheets is a significant step towards achieving our overall 2008 business plan. By filing the Form 10, in addition to our previous 8/A filing, the Company is acknowledging its intent to provide and comply with all regulatory periodic filings, including audited financials."

Mr. Stein went on further to add, "The decision to uplist is also a critical step in order to fund our acquisitions. Once uplisted, we can proceed to close the agreements we reached with three companies, after the spin-off of LifeHealthCare, Inc. (LHC), our fully owned subsidiary. We apologize to our shareholders for the unexpected delays we've encountered, and thank them for their continued patience."

Stein closed his remarks by saying, "We continue efforts to become a national entity in the market and research sector. While clerical issues have delayed our uplisting approval to-date, we strongly believe that the Form 10 filing today addresses all open issues that have been brought to our attention. In the meantime, we are proceeding with the necessary actions to register LHC for free-trading, and continue negotiations with potential acquisition candidates, to strengthen MTRE's portfolio. Further updates on each of these matters will be provided during the third quarter."

About Market & Research Corp. ("MKRC")

MKRC currently owns LifeHealthCare, Inc. LifeHealthCare, Inc. intends to develop and commercialize innovative over-the-counter, non-prescriptive dental care products.

About Precision Opinion

Precision, currently under contract with MKRC, provides consumer research services to the entertainment industry, non-governmental organizations and political polling services.

About INmarketing

INmarketing, currently under contract with MKRC, is a leader in the incentive industry through the deployment of its exclusive, database-driven, web-enabled application to reward program strategies. INmarketing develops sales incentive programs, a safety incentive program, service award, recognition programs or customer loyalty programs for its customers.

About Quantum

Quantum, currently under contract with MKRC, provides consumer research services to the telecommunications, automotive, healthcare, banking and cable industries and provides a circulation and research service for Business-to-Business for these same industries.

Forward-Looking Statements: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the Company and its subsidiaries. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by the Company may differ materially from these statements due to a number of factors. Any forward-looking statements speak only as of the date made. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to beliefs, plans, expectations, or intentions regarding the future. The Company assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.

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