LTC Global Announces the Acquisition of Insurance Producers Alliance, Inc. and Insurance Producers Alliance of America, Inc.

LTC Global, Inc. today announced that it has completed the acquisition of Insurance Producers Alliance of America, Inc. (IPAA), a privately held Long Term Care Insurance agency based in Palm Beach Gardens, Florida, and a related company, Insurance Producers Alliance, Inc. (IPA). William J. Borosak, Jr., principal of IPAA and IPA, joined Gelbwaks Insurance Services, Inc. (GIS) as Regional Sales Director in connection with the acquisitions. GIS is a wholly-owned subsidiary of LTC Global with offices in Plantation, Florida.

The acquisition of IPAA and IPA supports LTC Global's strategy to expand its national LTCi distribution network. "IPAA, IPA and Bill Borosak have a long track record of sales and marketing success, and we are very pleased to have the opportunity to integrate this fine operation into the LTC Global family," said Thomas A. Skiff, Chief Executive Officer of LTC Global.

IPAA represents LTC Global's third substantial South Florida LTCi agency acquisition, and sixth agency acquisition overall, since March 2007. LTC Global's other recent strategic acquisitions include GIS, USA Insurance Marketing, Inc. / Our Town Insurance and Financial Services, Inc. (Deerfield Beach, Florida), Senior WealthCare Insurance Services (The Woodlands, Texas), A M A Insurance Services (Stockton, California) and Bob White Benefits, L.L.C. (Fort Worth, Texas).

About LTC Global

LTC Global is a leader in providing capital, sales and marketing solutions to the LTCi industry. LTC Global maintains a strong North American presence in the marketing and distribution of LTCi and other insurance-related products through its subsidiaries ACSIA Long Term Care, Inc., Gelbwaks Insurance Services, Inc. and Senior WealthCare Insurance Services. For more information, visit the LTC Global website at http://www.ltcglobal.com.