April 24, 2007 10:10 ET

eResearch Issues Update Report on Integrated Asset Management Corp.

TORONTO, ONTARIO--(CCNMatthews - April 24, 2007) - eResearch analysts, Robin Cornwell, B.A. (Economics), MBA, and Bob Weir, B.Sc., B.Comm., CFA, have written an Update Report on Integrated Asset Management Corp. (TSX VENTURE:IAM). Integrated Asset Management is an alternative asset management company focused on hedge funds, real estate, private debt, private equity, and managed futures.

In the Report, the Analysts state, "In our opinion, the key ingredient to the Company's success is its competent and experienced management team, and its ability to continue building the businesses and increasing profitability. IAM's strategy differs from other public investment management companies in that it concentrates on managing alternative assets classes, and supplements management and advisory fees with performance-based fees when investment returns outperform a designated benchmark."

The Analysts go on to say, "...we consider the shares of IAM to be substantially undervalued relative to its peers."

eResearch is Canada's primary source for independent, quality, investment research, focused primarily on small- and mid-cap companies. Our research and analysis is of institutional quality, and has the potential of reaching millions of global investors through our extensive Internet distribution network. eResearch does not trade in the securities of the companies it covers, nor does it accept any stock related compensation for research services. eResearch does not engage in retail or institutional sales, trading, or corporate finance activities, nor does it conduct investment banking or investor relations services for the companies covered. Our sole business is providing quality, unbiased research.

Integrated Asset Management Corp. paid eResearch a fee of C$32,000 + GST to conduct research on the Company, on an Annual Continuous Coverage basis.

Conflict of Interest: Koloshuk Farrugia Corp., which is the largest shareholder of IAM, is also the largest shareholder of Independent Equity Research Corp. (operating as eResearch). Acknowledgement of the common shareholding is fully disclosed in the report.

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