Life-Exchange Forms Joint Venture with MediSummary

Life-Exchange, Inc. (OTCBB: LFXG) announced today an exclusive joint venture with MediSummary. MediSummary is a specialty medical underwriting firm with a focus on the life settlement and premium finance market. Founded in 2006 by Cristina Fossati and headquartered in Coral Gables, FL the firm counts more than 50 different financial institutions as clients. Beginning February 1, 2009 Ms. Fossati and her team will begin offering their services exclusively through Life-Exchange.

“With the changes the life settlement industry has experienced in recent months with the underwriting tables used by some of the major life expectancy underwriters; these services could not be timelier. The medical underwriting services we offer are unique because they are tailored towards the life expectancy underwriter that will be reviewing them,” said David Dorr, President & CEO, Life-Exchange, Inc.

Ms. Fossati added, “Many financial advisors, life settlement brokers, and life settlement providers will benefit from having an experienced medical underwriter review their client"s records and write a summary before sending it for a life expectancy report. This reduces the chances of a life expectancy company issuing a life expectancy report that has potentially overlooked some critical data.”

“There is simply no substitute for having someone on your side speak the same language as the underwriters. It’s the same in the legal profession and many other professions. As a life settlement trading platform, Life-Exchange is interested in offering its clients services that promote better accuracy, transparency, and efficiency. This new joint venture will help us further that goal,” commented Mr. Dorr.

About Life-Exchange

Life-Exchange, Inc. is the largest and only fully independent, electronic trading platform for the life settlement industry. Designed by industry leaders, Life-Exchange serves the secondary life insurance market by bringing buyers and sellers of life settlement policies together in a virtual, online marketplace. The features of Life-Exchange are specifically designed to improve regulatory compliance, increase customer value, reduce transaction costs, create new revenue models, and add efficiency to an otherwise inefficient market. Founded in 2005, Life-Exchange is headquartered in Miami, Florida. The company also recently launched a Trade Data Report in December to provide timely updates for life settlement participants.

For additional information on Life-Exchange, Inc. please visit
www.life-exchange.com or call (866) 907-9766.

Contact Info

Brian C. Dorr
VP Longevity Trading
Life-Exchange, Inc.
(866) 907-9766