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Tony Duscio Leaves Universal Settlements International Inc.

WATERLOO, ON

Tony Duscio, President and CEO of Universal Settlements International inc. (USI) announced that he has stepped down from the leadership of the company he founded in 1995, effective January 25. 2007. Mr. Duscio has resigned from the company’s Board of Directors and will also divest himself of all of the shares he owns in the firm.

“We have grown USI into a global leader in life settlements.” said Mr. Duscio. “However, my real passion has always been on the entrepreneurial side of the business. The time was right for me to move on and find my next challenge.”

“I am confident that the firm will continue to grow and move forward.” said Mr. Duscio.

For further information:

Ian Blair
Hill & Knowlton Canada
T:(416)413-4694
M:(416) 454-6262
.(JavaScript must be enabled to view this email address)

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