November 21, 2007 16:07 ET

eResearch Issues Update Report on Integrated Asset Management Corp.

TORONTO, ONTARIO--(Marketwire - Nov. 21, 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:IAM), which is an alternative asset management company.

Highlights from the report include the following:

1. IAM Acquired 100% of BluMont Capital Inc. (BluMont): On March 2, 2007 IAM completed the acquisition of the remaining 54% of BluMont that it did not own, bringing its total ownership to 100%.

2. BluMont Transaction Increases IAM Share Float: The BluMont transaction simplifies the capital structure, increases the IAM common share float to over 10 million shares, broadens the shareholder base and provides new potential shareholders with the opportunity to acquire positions. Total IAM shares outstanding as a result of this transaction increased to 28.5 million from 21.9 million.

3. IAM Shares Recently Listed On The TSX: IAM shares began trading on the TSX on June 1, 2007.

4. Asset Acquisition From Augen Capital: BluMont recently acquired approximately $30 million of AUM from Augen Capital Corp. The transaction plus future transactions will add mineral flow-through products to BluMont's range of product offerings.

The Analysts continue to recommend the shares of IAM as a "Strong Buy" with a Target Price of $3.00 per share. The stock currently yields 4.6% on the 7-cent annual dividend.

This Press Release was prepared by eResearch and was not vetted by Integrated Asset Management Corp. Further, the Recommendation and Target Price contained in this report are strictly those of eResearch and, due to securities laws, are not endorsed by Integrated Asset Management Corp.

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.

Integrated Asset Management Corp. paid eResearch a fee of $35,000 + GST to conduct research on the Company, on a quarterly basis.

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