Legacy Education Alliance Announces Strategic Plans

CAPE CORAL, FL, March 15, 2022 (GLOBE NEWSWIRE) — via NewMediaWire– Legacy Education Alliance, Inc. (OTCQB: LEAI, the “Company”), has announced its strategic initiatives for the next 12 months, including listing on the Nasdaq. In connection with this initiative, Legacy Education is launching a presentation that outlines its business and Nasdaq listing strategy.

“Our goal is to combine Legacy’s history of real estate, financial and business education and mentorship with Coopersmith’s low-cost, career-focused graduation program. We seek to build a sales and mentorship team that expands our universe of students and help guide them on their personal path toward meeting their career and financial goals,” said Barry Kostiner, CEO of Legacy Education. “I am delighted to have the opportunity to present at the Family Office Experience symposium in Dubai at the end of March. I currently spend about half my time on SPACs and the other half building Legacy Education. We are working to partner with Andrew McDonald to work with Legacy Education as a platform for real estate investment, both in partnership with our students, as well as launching SPAC real estate investment vehicles of which the expectation is that Legacy Education would be a participant in the sponsor. Additionally, we have launched an active social media strategy, with guidance from Ari Zoldan at Quantum Media. We will share our vision with investors and students at: https://www.linkedin.com/in/barry-kostiner/recent-activity/shares/and https://www.youtube.com/c/EliteLegacyEducation/playlists”

As part of its strategic initiatives, Legacy Education is embarking on a series of transactions intended to strengthen the company’s balance sheet and strategic positioning, including relationships with Exampil and multiple educational advisors, marketers and non-profit organizations. The basis for the proposed incorporation of Legacy Education Nasdaq is the potential spin-off of Legacy Education’s existing business, which was previously approved by shareholders, and the proposed acquisition of Coopersmith Career Consulting.

Barry Kostiner further explained, “We are excited about building Legacy Education as a leading innovator in EdTech. We are negotiating the acquisition of Coopersmith Career Services, my family’s online undergraduate education business, as well as a possible collaboration with Exampil, an Indian peer-to-peer education technology and AI company. At $0.15 per share, we have a market capitalization of less than $6 billion. By contrast, based on publicly available information, Coursera has a market capitalization of over $2.3 billion and in 2021 had a net loss of $145 million. Only 12% of Coursera’s revenue came from online degrees, 29% from business services, and 59% from unsupervised course certificates that cannot be used towards a degree. We believe Legacy Education is well positioned to raise capital and build a profitable education business that helps students complete degrees, launch careers and begin their journey toward fulfilling financial and life goals.”

exhibits

1. Business Strategy Presentation and Nasdaq Uplisting

2. Presentation of the Dubai Family Office

3. Transcription of video presentations

About Legacy Education Alliance Inc.

Legacy Education Alliance, Inc. is a marketer of high-quality, values-based, hands-on educational training on topics in personal finance, entrepreneurship, and real estate strategies and techniques. Legacy Education Alliance was founded in 1996 and, collectively, has served more than two million students from more than 150 countries and territories throughout its operational history.

Forward-looking statements

Certain statements made in this press release may involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may”, “will”, “should”, “expects”, “plans”, “anticipates”, “could”, “intends”, “target”, “project” , “contemplate”, “believe”, “estimate”, “predict”, “potential”, “would” or “continue” or the negative of these terms or other similar expressions All statements other than statements of historical fact contained in this press release are forward-looking statements. All forward-looking statements are based on current expectations that involve numerous risks and uncertainties. Our plans and objectives are based, in part, on assumptions and judgments regarding, among other things, the results projected from the introduction and rollout of new brands, products and services, expansion into new geographic markets, and combinations with third parties our ability to satisfy Nasdaq listing requirements and otherwise upgrade to Nasdaq; the successful acquisition and operation of new and complementary business lines; the success of joint ventures and other collaborations with third parties; our success in raising capital for operations and in implementing our business plan, strategy and initiatives; the development of e-commerce capabilities; international growth projections; projected profitability; our ability to address or manage corruption issues in certain locations where we operate; our ability to address and manage cybersecurity risks; our ability to protect our intellectual property, on which our business substantially depends; our ability to manage our relationships with credit card processors; our expectations regarding the impact of general economic conditions on our business; and the effects of the COVID-19 pandemic on the global and domestic economies and on our business operations and financial results. Our assumptions used for the purposes of forward-looking statements represent estimates of future events and are subject to uncertainty as to possible changes in economic, legislative, industry and other circumstances, including the development, acceptance and sales of our products and our ability. raise sufficient additional funds to implement our strategy. Such forward-looking statements involve assumptions, known and unknown risks, uncertainties and other important factors that could cause actual results, performance or our achievements, or the results of the industry, to differ materially from historical results, any future results, performance or achievements. expressed or implied in such forward-looking statements. There are a number of risks and uncertainties that could cause our actual results to differ materially from the forward-looking statements contained in this press release. Important factors that could cause our actual results to differ materially from those expressed as forward-looking statements are set forth in certain of our filings with the Securities and Exchange Commission. Except as required by applicable law, we do not plan to publicly update or revise any of the forward-looking statements contained in this press release, whether as a result of new information, future events, changes in circumstances or otherwise.

barry kostiner

customerservice@legacyea.com

239-542-0643

Legacy Education Alliance Announces Strategic Plans 81 Legacy Education Alliance Inc

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