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Investors Research Institute, Inc. Announces 113 Public Companies Pledge 'Best Practices in Investor Relations',Higher Standards of 'Accessibility', 'Scrutiny', 'Disclosure'.


NOTE TO EDITORS: The following is an investment opinion issued

by Investors Research Institute, Inc.

NEW YORK--(BUSINESS WIRE)--Jan. 25, 1999--Investors Research Institute, Inc., a non-profit organization of individual investors, announces that 113 public companies have now pledged to adhere to higher standards of "accessibility", "scrutiny" and "disclosure", acquiring the right to display the organization's "Seal of Best Practices in Investor Relations" --- including three companies listed on the American Stock Exchange American Stock Exchange (AMEX)

Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921.
, AutoBond Acceptance (Amex:ABD), Hi-Shear Tech (Amex:HSR HSR homogeneously staining regions. ) and Osage Systems (Amex:OSE OSE - Open Systems Environment ), 21 companies listed on the Nasdaq Exchange, Safety Components International (Nasdaq:ABAG ABAG Association of Bay Area Governments
ABAG Associação Brasileira de Aviação Geral (Brazilian Association of General Aviation; São Paulo, Brazil)
ABAG Antigua & Barbuda Association of Georgia
), American Bio Medica medica (māˑ·dē·k  (Nasdaq:ABMC ABMC American Battle Monuments Commission
ABMC Alexian Brothers Medical Center (Illinois)
ABMC Aviation Battle Management Concept
ABMC Arrowbear Music Camp (California) 
), DualStar Technologies (Nasdaq:DSTR DSTR destroy (US DoD) ), E Net Inc. (Nasdaq:ETEL ETEL EPOC Telephony Server ), Equitex (Nasdaq:EQTX), Hudson Technology (Nasdaq:HDSN), Hawaiian Natural Water (Nasdaq:HNWC), Imaginon (Nasdaq:IMON IMON International Merkur Owner's Network
IMON Internet Monitor
), New Frontier (Nasdaq:NOOF NOOF No Order on File (retail) ), Optical Cable (Nasdaq:OCCF OCCF Oklahoma City Community Foundation
OCCF Operator Communication Control Facility
), Objective Systems (Nasdaq:OSII), Perle Systems (Nasdaq:PERLF), Platinum Software (Nasdaq:PSQL PSQL Pervasive Sql ), Elephant & Castle Group (Nasdaq:PUBSF), Repligen Corp (Nasdaq:RGEN), Synbiotics (Nasdaq:SBIO), Touchstone APPL (Nasdaq:TASA), Tech Data Corp. (Nasdaq:TECD), Trinity Biotech (Nasdaq:TRIBY), Westmark Group (Nasdaq:WGHI) and ZMAX Corp. (Nasdaq:ZMAX), two companies listed on the Vancouver Exchange, ID Internet Direct (VSE/IDX) and Net Nanny (VSE/NNS), and 87 companies listed on the over the counter bulletin board, American Artists & Film (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:AAFC), American Resources & Dev. (OTCBB:ADCO), African Resources (OTCBB:AFRI), ALYA International, Inc. (OTCBB:ALYA), American Pacific Financial (OTCBB:AMPA), Am-Pac Intl. (OTCBB:AMPC), Auto Network (OTCBB:ANWK), Asset Retrieval (OTCBB:ARST), Avenue, Inc. (OTCBB:AVEN), Allnet Services (OTCBB:AWEB), Biologix Int. (OTCBB:BGIX), Bio Preserve (OTCBB:BIPN), Beverly Hills Country Club (OTCBB:BLTD), Boatraks (OTCBB:BTRK), Cdknet.com, Inc. (OTCBB:CDKX), Celsion Corp (OTCBB:CELN), Chartwell Int. (OTCBB:CHAP), Chancellor Corp (OTCBB:CHLR), Casino Journal (OTCBB:CJPG), CorpHQ (OTCBB:COHQ), Crys-Tel Telecom (OTCBB:CYSS), Dead On, Inc. (OTCBB:DEAD), Spa Faucet, Inc. (OTCBB:DRIP), Eagle Capital (OTCBB:ECIC), Earth Search Sciences (OTCBB:EDIS), Eduverse Accel (OTCBB:EDUV), Eagle Wireless (OTCBB:EGLW), Egan Systems (OTCBB:EGNS), HydroGrowth Systems (OTCBB:ERBS), Fieldpoint Pete (OTCBB:FPPC), Global Entertainment (OTCBB:GAMM), Juina Mining (OTCBB:GEMM), Global Media Corp. (OTCBB:GLMC), Global Med Technologies (OTCBB:GLOB), Generation Entertainment (OTCBB:GNEN), Go Call, Inc. (OTCBB:GOCA), Cadapult Graphic (OTCBB:GRFX), BoysToys.com (OTCBB:GRLZ), Hydro Grow, Inc. (OTCBB:HGRW), International Barter (OTCBB:IBCX), Immediate Entertainment (OTCBB:IEGP), Imperial Ginseng (OTCBB:IGPFF), IJNT Intl (OTCBB:IJNT), Imagica Entertainment (OTCBB:IMEA), IRI, Inc. (OTCBB:IRIK), Kading Companies, S.A. (OTCBB:KDNG), Kaleidoscope Media Group (OTCBB:KMGG), Intermost Corp. (OTCBB:IMOT), Lifeline Biotech (OTCBB:LBTI), Leah Industries (OTCBB:LEAH), Lucas Educational Systems (OTCBB:LEDS), Linkon Corp. (OTCBB:LKON), LifeOne, Inc. (OTCBB:LONE), Mortgage Bankers Holding Company (OTCBB:MBHC), Medix Resources (OTCBB:MDIX), Worldwide Petromoly (OTCBB:MOLY), Metal Recovery (OTCBB:MRTI), Mactell Corp. (OTCBB:MTLL), National Scientific (OTCBB:NSCT), NuOncology Labs, Inc. (OTCBB:NLAB), NetUSA, Inc. (OTCBB:NTSA), Ora Electronics (OTCBB:ORAE), ProTech Communications (OTCBB:PCTU), Northport Industries (OTCBB:PESO) Planet City Software (OTCBB:PINC) , Plenum Communications (OTCBB:PLNM), Prime Companies (OTCBB:PRMG), Probity International (OTCBB:PROB), Power Technology (OTCBB:PWTC), Redneck Foods (OTCBB:RDNK), Antra an·tra  
n.
Plural of antrum.
 Holdings (OTCBB:RECD RECD Received
RECD Real-Ear-to-Coupler Difference (audiology)
RECD Real Estate and Construction Division (IBM) 
), Remington-Hall Capital (OTCBB:REMH), Rocky Mountain Ginseng (OTCBB:RMGG), Centenary International (OTCBB:RRRI), Systems Comm. (OTCBB:SCMI), Sunbase Asia (OTCBB:SNBS), Starnet Communications (OTCBB:SNMM), Surgical Safety (OTCBB:SURG), Syco Dist. OTCBB:(SYCD), IVP IVP
abbr.
intravenous pyelogram


IVP (Intravenous pyelogram)
The use of a dye, injected into the veins, used to locate kidney stones. Also used to determine the anatomy of the urinary system.
 Tech Corp. (OTCBB:TALL), Tao Partners, Inc. (OTCBB:TAOL), The Football Network (OTCBB:TFNK), Today.com (OTCBB:TODY tody (tō`dē), common name for small (3–4 in./9–10 cm) West Indian birds of the family Todidae, comprising the single genus Todus. ), Affinity Intl Travel (OTCBB:TRIP), US Digital Communications (OTCBB:USDI), Venturi Technologies (OTCBB:VTIX) and Welcome Search (OTCBB:WKWG) --- while four companies, American Eco (Nasdaq:ECGOF), National Healthcare Manufacturing (Nasdaq:NHMCF), Sportstar Marketing (OTCBB:SSMK) and US Bridge Construction (OTCBB:USBR), no longer participate in the program.

Four of the participating companies, Spa Faucet, Inc. (OTCBB:DRIP), National Scientific (OTCBB:NSCT), Remington-Hall Capital (OTCBB:REMH) and IVP Technology Corp. (OTCBB:TALL) are on the association's "watchlist" pending the issuance of updated company information.

To meet the "accessibility" standards, companies agree to schedule at least one pre-announced conference call annually, equally accessible to individual investors, open all conference calls to include individual investors, minimally in "listen" mode, which can be achieved via a webcast. Also the companies agree to schedule at least one annual investor presentation which is open to individual investors, and which is webcast. Webcast calls and presentations must be accessible for a minimum of 90-days and include full text transcripts.

To meet the "disclosure" standards, companies have agreed to timely, equally accessible (to all classes of investors) issuance of corporate reports and press releases, a searchable corporate profile, and if not "fully reporting" under regulatory guidelines, to voluntarily "self-report" in a central registry which IRI is establishing at http://www.investrend.com, now under development. Companies also agree to immediate disclosure of any change in distributed shares, dilutive events and insider buying or selling, and to provide archivals of up to three years of press releases so that investors may more easily determine the efficiency with which participating companies have met their announced corporate objectives.

To meet the standards for "scrutiny", the companies have agreed to position their companies for professional analyst coverage, or to enroll in the unique Public Analysis & Review (PAR) program, which assigns an independent analyst to regularly follow and report on companies with little or no coverage. The Institute's programs are separately administered by IRI, Inc. (OTCBB: IRIK), itself a public company in registration.

Individual investors may refer any public company to "take the pledge" at the organization's website at http://www.investorsresearch.org, or to write theseal@usa.net for full details. IRI also administers the Public Analysis & Review (PAR) program which assigns independent wirehouse-quality professional analysts to provide continuing coverage of companies which have no analyst coverage. Anyone may enroll a public company in the PAR program, which currently includes 14 public companies and 12 qualified analysts, by inquiring at parprogram@usa.net .
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 25, 1999
Words:975
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