Legacy Technology Holdings, Inc. (LTHO) Announces Completion of Reorganization with World Peace Technologies, Inc.

  
    
  
  
    
      LEGACY TECHNOLOGY HOLDINGS, INC. (OTCBB: LTHO) - (formerly known as Life 
      USA, Inc.), announced that it has completed it reverse merger, effective 
      August 5, 2008.
    
    
      As of June 17, 2008, Legacy entered into a Agreement and Plan of Merger 
      under which Legacy would acquire World Peace Technologies, Inc. in 
      exchange for 9,000,000 shares of Legacy's common stock. The Agreement 
      was amended slightly on July 28, 2008 to provide that World Peace will 
      remain an operating subsidiary of Legacy.
    
    
      World Peace Technologies, located in Colorado Springs, Colorado, 
      specializes in the development and commercialization of technologies and 
      products with possible applications to the military. World Peace 
      Technologies has been a U.S. Government contractor for over the last two 
      years.
    
    
      Accordingly, Legacy has completed its acquisition of World Peace and now 
      is developing 3 additional wholly owned subsidiaries in addition to 
      World Peace Technologies:
    
    
      Air 2 Water, Inc. (Air 2 Water) - 
      Air 2 Water possesses a technology which is not dependent upon Freon, to harvest 
      water from the air to produce atmospheric water. The Defense 
      Advanced Research Projects Agency (DARPA), in addition to other military 
      organizations, have been searching for a way to decrease the logistics 
      drain on the system for drinking water for mobile troops. It is the 
      Company’s belief that the technology used by 
      Air 2 Water provides that solution.
    
    
      Targeted Weather, Inc. (Targeted Weather) 
      – The technology employed by Targeted Weather 
      makes use of algorithms to determine the development and location of 
      severe weather combined with the use of technology to attempt to prevent 
      the severe weather from forming. The technology has been tested in 
      producing rain over an eight-year period in the arid regions of 
      Australia. The Company plans to attempt to take the technology in the 
      direction of the prevention of severe weather storms, such as tornados.
    
    
      Plasteel, Inc (Plasteel) – 
      Plasteel possesses a technology that optimizes the use of a cold 
      chemical process to produce plastic. The resultant plastic product is 
      as strong as steel. The plastic produced has certain other 
      proprietary characteristics not often see in plastic. Plasteel is 
      developing the product for use as armor on vehicles. Plasteel is in the 
      process of transitioning the product from the laboratory to 
      commercialization not only for use in the military, but also for use in 
      the aerospace industry.
    
    
      The final closing of the transaction was subject to receipt of audited 
      financial statements from World Peace Technologies, which were delivered 
      and have been filed with the SEC within an 8k 12/g(3) as of August 6, 
      2008.
    
    
      About Legacy Technology Holdings, Inc.: 
      Based in Colorado Springs, Colorado, Legacy Technology Holdings 
      (LTHO) intends to focus its business development activities on small 
      business entities specializing in the development of technologies and 
      products with possible applications in the military industry.
    
    
      This announcement contains forward-looking statements about Legacy 
      Technology that may involve risks and uncertainties. Important factors 
      relating to the Company’s operations could 
      cause results to differ materially from those in forward-looking 
      statements and further detailed in filings with the Securities and 
      Exchange Commission (SEC) available at the SEC website (http://www.sec.gov). 
      All forward-looking statements are based on information available to 
      Legacy Technology on the date hereof and Legacy Technology assumes no 
      obligation to update such statements.