ACI Specialty Benefits Acquires Leverage Life from O/E Learning

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Top Ten EAP and Specialty Benefits Firm Acquires Top-tier Concierge and Work/life Company

Leverage Life will enhance ACI’s Concierge product line and enable unprecedented growth for ACI Specialty Benefits and its customer base, more than 350 contracts nationwide.

ACI Specialty Benefits announced the acquisition of Leverage Life, a wholly owned subsidiary of O/E Learning Inc. and leading provider of concierge and work/life services to many large U.S. corporations. Dr. Ann D. Clark, founder and CEO of ACI Specialty Benefits says, “Leverage Life will enhance ACI’s Concierge product line and enable unprecedented growth for ACI Specialty Benefits and its customer base, more than 350 contracts nationwide.”

“O/E Learning hand-picked ACI Specialty Benefits to take over Leverage Life because we are confident in ACI’s commitment to delivering high-quality and innovative work/life and concierge services to our current clientele,” says Rick Vlasic, Chairman and CEO of O/E Learning and Leverage Life. “We’ve followed ACI’s tremendous growth over the past 25 years, and believe that they are the perfect company to ensure a long and sustainable future for Leverage Life.”

In announcing the sale, Rick Vlasic stated, “O/E developed Leverage Life as a high quality employee benefit provider, with an exceptional website providing a myriad of online services. O/E is proud that ACI will now make this outstanding benefit part of their specialty benefit services. In seeking a new owner for Leverage Life, O/E was looking for a company with vision, a record of outstanding customer service, and a national reputation for excellence. We found that in ACI.”

As a result of this acquisition, ACI Specialty Benefits work/life offerings will expand to include a state-of-the-art online concierge program that offers clients easy access to travel reservation services, gift purchasing, and a comprehensive entertainment discount center. “Leverage Life allows ACI to expand our work/life and concierge coverage, add new technological capabilities and services to the product repertoire, and opens incredible opportunities for market growth and expansion in the specialty benefits industry,” adds Dr. Clark.

Cathy Leibow, a long-time expert and innovator in the Work/Life industry and Vice President of Leverage Life, will oversee the transition of services beginning July 18, 2009. Leibow states, “I am extremely excited about the opportunity to expand Leverage Life and look forward to continuing to provide exceptional customer service to current clients with the backing of ACI.”

O/E is divesting itself of Leverage Life in order to invest in its core activities, which include a renewed focus on the education, healthcare, and banking industries. In addition, O/E is building upon its strategic partnership with Cisco, the technology giant.

About ACI Specialty Benefits
ACI Specialty Benefits is a leading global provider of Employee Assistance Programs, Wellness, Concierge and Work/Life services. ACI consistently ranks in the nation’s Top Ten EAPs by Business Insurance and was recently named a Benefits Superstar by Benefits Compensation Solutions Magazine. Founded in 1983, ACI has grown to international prominence, serving five million subscribers worldwide with a network of over 40,000 providers. ACI remains a privately-owned specialty benefits corporation headquartered in San Diego. Learn more about ACI Specialty Benefits at http://www.acispecialtybenefits.com. Follow "ACISpecBenefits" on Twitter, "Fan" ACI Specialty Benefits on Facebook, and find ACI Specialty Benefits on LinkedIn.

About Leverage Life
Leverage Life provides a full range of Work/Life and Concierge services through various delivery options including telephonic, online, and on-site. The services—nationwide and available 24/7—are an ideal enhancement to your current loyalty, recruitment, retention, and productivity programs. Leverage Life takes pride in their technological expertise, exemplary customer service, and customization capabilities. Learn more about Leverage Life at http://www.leverage-life.com.

Learn more about O/E Learning at http://www.oe.com.

Media Contact:
Laura McDermott
(858) 452-1254 x. 207
lmcdermott (at) acieap (dot) com

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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