Standard & Poor's announced today that it has commenced Factual Stock Report coverage on Absolute Life Solutions.

Absolute Life Solutions, Inc. (OTCBB: ALSO) is a specialty financial services company engaged in the purchase of life settlements. A life settlement is the sale of an existing life insurance policy by a policy owner (frequently, but not always, the insured) to a third-party investor for more than the policy's cash surrender value but less than its net death benefit. The company will purchase ownership of the life insurance policy at a discount to its face value and receive the face amount of the death benefit under the policy when the insured person dies. In an Absolute Life Solutions transaction, the insured is typically 70 years of age or older and has a life expectancy of five to ten years.

The company explains that a life settlement transaction typically occurs when an individual of advanced aged no longer wishes to pay, or is unable to afford, a rising premium payment on his or her life insurance policy. A life settlement offers the insured senior who is faced with the choice of expending diminishing cash resources to make premium payments or allowing the policy to lapse the opportunity to sell the policy for an immediate cash payment.

According to Absolute Life Solutions, current life settlement transactions are allowing the individual to receive an average of eight times the surrender value for an asset that was previous illiquid and that the insured may have had to abandon.

S&P Factual Stock Report coverage on Absolute Life Solutions will also be accessible on an ongoing basis to the investment community by scores of buy-side institutions and sell-side firms that utilize S&P research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts. Please visit www.absolutels.com for additional information.

About Standard & Poor's Factual Stock Reports

This Standard & Poor's service provides factual research coverage enabling information about Absolute Life Solutions and other securities to reach a wide investor audience of Buy and Sell-side investors, helping them understand a company's fundamentals and business prospects. Currently profiling over 500 issuers, S&P Factual Stock Reports increase market awareness for issuers in the investment community with insightful commentary and key statistics/information. Updated weekly with the latest pricing, trading volume, and other data, the reports include recent developments, a financial review, key operating information, Industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is sponsored by the issuer, S&P does not offer investment opinions concerning the advisability of investing in these stocks.

Standard & Poor's Factual Stock Reports are produced separately from any other analytic activity of Standard & Poor's. Standard & Poor's Factual Report research has no access to non-public information received by other units of Standard & Poor's. Standard & Poor's does not trade on its own account.

Note: All U.S. and Canadian Companies listed on a National Exchange (not covered by S&P's STARS research) are eligible to obtain this coverage.

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Absolute Life Solutions:
Gabriel Berger, 212-201-4070 ext 197
investorrelations@absolutels.com
or
Standard & Poor's:
Customer Contact:
Richard Albanese, 212-438-3647
richard_albanese@standardandpoors.com
or
Media Relations:
Michael Privitera, 212-438-6679
michael_privitera@standardandpoors.com