The Amacore Group, Inc. Receives Additional $3 Million from Sale of Convertible Preferred...

The Amacore Group, Inc. Receives Additional $3 Million from Sale of Convertible Preferred Stock to Vicis Capital Master Fund

Funds To Be Used For Acquisitions, Expansion Of Existing Business
LAKE MARY, Fla.--(Business Wire)--The Amacore Group, Inc., (OTC BB: ACGI), a leader in providing
health-related membership benefit programs, insurance programs, and
other innovative and high-quality solutions to individuals and
families across the country, today announced that Vicis Capital Master
Fund has further expanded its investment in The Amacore Group by
purchasing additional shares of the Company's convertible preferred
stock for $3.0 million, convertible at a peg price of $5. This follows
a similar investment made in October.

Clark A. Marcus, CEO of The Amacore Group, said, "This infusion of
capital is yet another vote of confidence in Amacore by Vicis. In the
last few months, we have added additional distribution channels,
provider networks, new products and acquired Texas-based LifeGuard
Benefit Services, Inc., which provides insured and non-insured health
benefits along with its services to over 1.5 million families."

He added, "Amacore's plans for 2008 are to continue with this
growth both organically and by acquisition where appropriate. In 2007,
we put the machinery in place for a breakthrough year in 2008. That
breakthrough became visible in the last quarter of 2007, and we expect
it to expand rapidly in 2008.

Shad Stastney, a partner of Vicis Capital, stated, "Amacore's
growth is proceeding very rapidly, and we are very pleased with their
progress. We are making this investment in the company to further
demonstrate our commitment to their innovative and comprehensive
approach to the healthcare marketplace.

With the additional capital provided Amacore can virtually expand
at will and acquire opportunities that present themselves. America's
healthcare system is broken, and Amacore is one of the few entities
with a solution that is available right now, that doesn't need
approval from Washington and that everyone can afford. We are
extremely confident of great things from Amacore in 2008."

About Vicis Capital, LLC

Vicis Capital, LLC is the investment advisor to Vicis Capital
Master Fund, a multi-strategy hedge fund. Vicis Capital, LLC is based
in New York, NY.

About The Amacore Group, Inc.

The Amacore Group, Inc. (www.amacoregroup.com) offers innovative
and affordable healthcare solutions to families, individuals, small
and large employer groups, and association markets through a wide
array of unique products, benefits and services created for the
consumer driven healthcare market. The Company also offers a unique
and proprietary administrative system that supports call center
management, agent distribution and affinity marketing for all levels
of product delivery and reporting. Amacore has created several limited
medical programs that include its new Diamond Series and Discount
Medical programs, featuring Smarthealth Plus and Smarthealth Premier,
which expand the Company's offerings beyond its very successful eye
care program, Eye Care International (www.ecivisionplan.com). These
new programs offer discounts on quality hearing, dental, vision and
doctor visits, among other benefits. Amacore is aggressively signing
distribution and sales contracts with marketing companies to offer
these programs nationwide. Through its wholly-owned subsidiary,
LifeGuard Benefit Solutions, Inc., Amacore now has the ability to
provide administrative and back-office services to other healthcare
companies in addition to expanding its own call center capability
through its wholly-owned subsidiary, JRM Benefits Consultants, LLC.

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, our ability to achieve a break through year, financial
condition, future acquisitions, liquidity, results of operations,
plans and objectives. In some cases, you may identify forward-looking
statements by words such as "may," "should," "plan," "will," "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 our 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 of Form 10-KSB for the
year ended December 31, 2006 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.

The Amacore Group, Inc.
Jay Shafer, President
or
Porter, LeVay & Rose, Inc.
Linda Decker, VP - Investor Relations
Bill Gordon, SVP - Media Relations
212-564-4700

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