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Justice Burton B. Roberts Joins NAM Corporation.

GREAT NECK, NY--(BUSINESS WIRE)--July 8, 1999--

NAM Corporation (NASDAQ: NAMC) announced today that the Honorable Justice Burton B. Roberts, who is of counsel to Fischbein, Badillo, Wagner and Harding and retired as Administrative Justice of the New York State Supreme Court, will be providing arbitration and mediation services exclusively for NAM Corporation.

Commenting on the announcement, Roy Israel, Chairman and CEO of NAM Corporation stated, "Justice Burton B. Roberts has been one of the premier legal scholars ever to sit on the Supreme Court of New York State and will add extraordinary expertise and depth to our rapidly growing New York roster of highly qualified Hearing Officers."

Justice Burton B. Roberts has had a long and distinguished legal career. He became an Assistant District Attorney for New York from 1949 to 1966 and District Attorney for Bronx County from 1966 to 1972. Justice Roberts first joined the bench in 1973 as a Justice of the New York State Supreme Court and has worked on both civil and criminal cases through January 1999. Despite his heavy caseload, Justice Roberts has been an active member of many prestigious legal organizations including the American Bar Association, New York State Bar Association, Bronx Bar Association, and the New York State Supreme Court Justices Association. Justice Roberts has also been a past president of the New York State District Attorneys Association.

Justice Burton B. Roberts received a B.A. degree from New York University in 1943, an L.L.B. from Cornell University School of Law in 1949 and an L.L.M. from New York University School of Law in 1953.

NAM Corporation is the parent company of clickNsettle.com, and provides arbitration/mediation services and related proprietary software. Headquartered in Great Neck, New York, NAM maintains Hearing Officer rosters and conference facilities nationwide.

The statements contained in this release contain forward-looking statements relating to such matters as anticipated financial performance, business prospects and similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause the Company's actual results and experience to differ materially from the anticipated results or other expenditures expressed in the Company's forward-looking statements. These factors include changes in the markets and/or regions currently served by the Company and in those markets and/or regions that the Company may expand into; changes in the insurance industry; the Company's inability to retain current or new hearing officers; changes in the public court system; and the degree and timing of the market's acceptance of its software.
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Date:Jul 8, 1999
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