Report Distribution

In terms of providing maximum value to investors and enrolled companies, we know that distribution of our research and earnings estimates is extremely important. We at Harbinger Research extend our commitment to excellence and continuous improvement to everything we do, and the quantity and quality of our content distribution partnerships are no exception.

Perhaps most importantly, we now have two key “push” content distribution partnerships in place, with InvestorsInsight Publishing and Friedland Capital. The content produced by these two partners have a combined readership of just under two million, all of whom are truly opt-in subscribers. Our partnerships allow us to place a small explanatory paragraph about each company we’re writing on, with a clickable link that leads to the full report or update report. We count click-throughs and gather investor information through this system, and provide all pertinent data back to the subscribing company or firm. This “push” is critical for getting new shareholders to take an interest in your stock, which in turn expands liquidity and potentially improves market valuation as well.

Additionally, we currently distribute our reports and estimates to many of the industry’s most important companies, such as The Thomson Financial Corporation (ThomsonONE Analytics, formerly known as First Call and I/B/E/S), Reuters (Multex), and Zack’s Investment Research. Our Reuters relationship allows us to reach all Reuters’ partners as well, which include portals such as Yahoo! Finance and America Online. As we continue to grow and develop throughout the rest of 2004 and beyond, we expect to solidify many more such relationships.

Because we do not rely on trading commissions to finance our research activities, we do not restrict access to the content and research coverage we provide. We are more than happy to make our reports and estimates available to any and all organizations that would benefit from them; if you have an interest in making our industry-leading content available to your customers, please contact our business development group and get started today.