SOURCE: Leedom Asset Management, Inc.

June 11, 2007 12:30 ET

Leedom Asset Management Launches California Growth Portfolio

Golden Bulls to Focus on Publicly Traded Companies Headquartered in California

SAN DIEGO, CA--(Marketwire - June 11, 2007) - Leedom Asset Management, Inc., a registered investment advisory firm, today announced that its new California Golden Bulls™ Select Growth Portfolio, a strategy focusing on California-based public companies, is now open to individual investors.

The portfolio focuses on companies headquartered in California with more than $750 million in market capitalization that are experiencing accelerating or renewed growth trends and are attractively valued.

The portfolio is managed by Bud Leedom, president of Leedom Asset Management, a registered investment advisory firm formed in 2006. Leedom previously served as senior equity analyst with Wells Fargo Securities, LLC, in San Francisco, where he focused on California-based companies. Leedom also publishes California Stock Report, a monthly publication devoted to investment analysis of California-based companies, and chairs three annual investor conferences featuring presentations exclusively from California-based companies.

"The portfolio's investment strategy is rooted in 'backyard investing,'" Leedom said. "Our many years of following California-based companies and our presence on the West Coast provide us with a unique opportunity to thoroughly analyze and intimately know each investment in the portfolio.

"Investors immediately are aware of California and grasp the range and strength of companies they can invest in, including such sectors as technology, medical, financial and retail," Leedom said. "California has the largest economy of all the U.S. states, and if it were a country, would rank among the top 10 largest economies in the world. We believe there are tremendous opportunities to be found exclusively in California."

Leedom said the current top five holdings of the California Golden Bulls™ Select Growth Portfolio are Hewlett Packard, Charles Schwab, Reliance Steel & Aluminum, DreamWorks Animation and Adobe Systems. Minimum investment for the portfolio has been set at $100,000, with a holding period of one year, and an annual management fee of 1.5%.

About Leedom Asset Management, Inc.

Leedom Asset Management, a leading specialist in California-based equities, is a registered investment advisor in the state of California that provides money management services to individual investors. Its core products focus on California growth companies and include the California Golden Bulls™ Select Growth Portfolio, the S&P Select Portfolio and California Small-Cap Select Portfolio. Leedom Asset Management also provides ancillary investment services, including the California Stock Report, and California Equity Research, LLC.

The California Golden Bulls™ Select Growth Portfolio is not restricted to California-based companies or the investment parameters noted above. Portfolio selections are subject to change upon market conditions or based on a change in investment parameters. The portfolio may also hold a percentage of its total assets in cash or interest bearing securities.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the shares of common stock or any other securities, nor will there be any sale of the shares of common stock or any other securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

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