The Amacore Group Amends US Health Benefits Group Stock Purchase Agreement

The Amacore Group, Inc., (OTCBB: ACGI), a leader in providing membership benefit programs, insurance programs, and other innovative and high-quality benefit solutions to individuals, families and employer groups nationwide, has amended its March 31, 2008 Stock Purchase Agreement for US Health Benefits Group, Inc. (�USHBG�). The original agreement had an agreed upon value of $14.3 million which consisted of $9 million worth of common stock, with the number of shares issued contingent upon future share price, $2.9 million in guaranteed cash, and up to an additional $2.4 million in cash, contingent upon division profitability. The revised purchase price consideration consists of $4.3 million in cash, resulting in up to a $10 million reduction in purchase price. The new agreement, effective as of June 11, 2009, includes targeted sales incentives designed to benefit both Amacore and USHBG. Terms of the amended agreement can be found in the Company�s 8-K filing from June 16, 2008.

Jay Shafer, Chairman and Chief Executive Officer of Amacore Group said, �The amended agreement with USHBG is a win-win for both Amacore and USHBG. It benefits Amacore�s shareholders by diminishing the potential dilution of their shares, while providing an incentive program to USHBG to help drive and expand lead generation and customer acquisition across Amacore�s market channels. This amended agreement is just one example of how the Amacore management team is continually seeking to improve net revenue, profitability and operating cash flow. As such, we remain focused on producing stronger financial results and improving shareholder value, and look forward to the continued contributions from USHBG, its President Howard Knaster, and his team.�

U.S. Health Benefits Group is an inbound lead generation telemarketing operation primarily marketing major and limited medical benefit plans. Amacore operates this division through US Health Benefits Group, Inc., US Healthcare Plans, Inc. and On the Phone, Inc., each a wholly owned subsidiary.

About The Amacore Group, Inc. (www.amacoregroup.com)

The Amacore Group, Inc. is primarily a provider and marketer of healthcare related products, including healthcare benefits, vision and dental networks, and administrative services such as billing, fulfillment, patient advocacy, claims administration and servicing. The Company primarily markets healthcare-related membership programs such as limited and major medical programs, supplemental medical and discount dental programs to individuals and families. It distributes these products and services through various distribution methods such as its agent network, direct response marketing companies, DRTV (Direct Response TV), inbound call centers, in-house sales representatives, network marketing and affinity marketing partners. The Company�s secondary line of business is to place membership programs through these same marketing channels. These membership programs utilize the same back office and systems creating marketing efficiencies to provide low cost ancillary products such as pet insurance, home warranty, involuntary unemployment insurance, and accident insurance.

This press release contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, including anticipated growth and geographic expansion, new products and services, new business development and opportunities, anticipated revenues, possible reduction or elimination of material weaknesses, anticipated revenue growth, expenses, profitability, losses and profit margins. In some cases, you may identify forward-looking statements by words such as "may," "should," "plan," "intend," "potential," "continue," "believe," "expect," "predict," "anticipate" and "estimate," the negative of these words or other comparable words. These statements are only predictions. One should not place undue reliance on these forward-looking statements. The forward-looking statements are qualified by their terms and/or important factors, many of which are outside the Company's control, involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially from the statements made. The forward-looking statements are based on the Company's beliefs, assumptions and expectations of the Company�s future performance, taking into account information currently available to the Company. These beliefs, assumptions and expectations can change as a result of many possible events or factors, including those events and factors described in "Risk Factors" in the Company�s Annual Report on Form 10-KSB for 2008 filed with the Securities and Exchange Commission, not all of which are known to the Company. The Company will update the information in this press release only to the extent required under applicable securities laws. If a change occurs, the Company's business, financial condition, liquidity and results of operations may vary materially from those expressed in the aforementioned forward-looking statements.

Amacore (CE) (USOTC:ACGI)
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