Legacy Education Alliance, Inc. (LEAI: OTCQB) | Legacy Education Announces Departure of Marc Scholvinck


Legacy Education Announces Departure of Marc Scholvinck

Oct 02, 2015

OTC Disclosure News Service

Legacy Education Alliance, Inc. (OTCQB: LEAI), a leading provider of
educational training seminars, conferences and services, announced the
departure of Marc Scholvinck from its Board of Directors. Mr.
Scholvinck, who served as an independent director and chairman of the
board’s Audit Committee, resigned on September 29, 2015 due to
conflicting obligations.

“Marc has been a board member for nearly two years, during which time we
have come to rely on his eye for detail and to savor his dry wit,” said
Anthony Humpage, Legacy Education Alliance CEO. “While we will all miss
Marc, we thank him for his service to our board and shareholders, and
wish him the very best in his new endeavors.”

The Nominating and Corporate Governance Committee of our board of
directors will search for a qualified successor.

About Legacy Education Alliance, Inc.

Legacy Education Alliance, Inc. (http://www.legacyeducationalliance.com)
is a leading provider of educational training seminars, conferences and
services. Founded in 1992, Legacy Education Alliance, Inc. is a global
company dedicated to providing quality financial education with
headquarters in the United States, Canada and the United Kingdom. With
more than 150 employees and nearly 60 independent contractors worldwide,
Legacy Education Alliance, Inc. is committed to bringing the message of
financial education to the people of the world.

Forward-Looking Statements

This press release contains “forward-looking statements” within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”) (which Sections were adopted as part of the Private
Securities Litigation Reform Act of 1995). Statements preceded by,
followed by or that otherwise include the words “believe,” “anticipate,”
“estimate,” “expect,” “intend,” “plan,” “project,” “prospects,”
“outlook,” and similar words or expressions, or future or conditional
verbs such as “will,” “should,” “would,” “may,” and “could” are
generally forward-looking in nature and not historical facts. These
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the Company’s actual
results, performance or achievements to be materially different from any
anticipated results, performance or achievements. The Company disclaims
any intention to, and undertakes no obligation to, revise any
forward-looking statements, whether as a result of new information, a
future event, or otherwise. For additional risks and uncertainties that
could impact the Company’s forward-looking statements, please see the
Company’s Form 10-K, filed on March 27, 2015, including but not limited
to the discussion under “Risk Factors” therein, which the Company has
filed with the SEC and which may be viewed at http://www.sec.gov.

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