May 03, 2005 08:26 ET

Prime Rate Investors, Inc. Closes Majority Acquisition of N'EAST Magazine, Reports the IOCircuit

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IOCircuit.

LAKE HARMONY, PA -- (MARKET WIRE) -- May 3, 2005 -- The IOCircuit recommends Prime Rate Investors, Inc. (OTC: PRRM), which announced it has closed its acquisition of the majority ownership of N'EAST Magazine, L.L.C., publisher of the magazine by the same name dedicated to outdoor adventures, sports, travel and lifestyle in and around northeast North America. For more information, go to

Other active stocks are ASML Holding NV (NASDAQ: ASML), Jupitermedia Corporation (NASDAQ: JUPM) and Commonwealth Telephone Enterprises Inc (NASDAQ: CTCO).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. The Company has hired and paid $595.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity and no representation.

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