"I can honestly say that we and our client were thoroughly pleased with the quality and quantity of brokers who attended our meeting last Thursday.... Having set up meetings for public companies for over 15 years, I know what can go wrong. Murphy's Law is ever present. The meeting in Philadelphia went off without a hitch. Your people were very professional from the time we set up the date through dessert! We will certainly use NAS again, and would highly recommend other small cap companies who are looking for quality exposure do the same."

Harvey Goralnick, President
Focus Partners, LLC

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"I wanted to take this opportunity to tell you again how impressed we at MBIA have been with your professional staff and attention to detajl with respect to the organization and sponsorship of our equity investor meetings with your members. MBIA participates in approximately 20 group meetings per year and I have been consistently disappointed by the lack of focus on client services by other sponsors. It is therefore quite refreshing to work with you and have our eyery requirement anticipated and met. We look forward to our meeting in San Francisco and to a positive on-going relationship."

Judith Radasch, Managing Director

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"I'm writing to thank you and your staff at National Association of Stockbrokers for the excellent job you did coordinating five broker luncheons in five: different cities (Portland, Los Angeles, New York, Boston, and Chicago) for an important client of ours during a 2-week period in February, 2003. Your team's ability to put together the events in less than a month and to make it virtually turnkey for our firm, was invaluable. Invitations and RSVPs were handled smoothly and I'm confident the database of brokers your firm maintains was instrumental in achieving a consistent turnout that exceeded the expectations we'd set for the client. The venues in which the luncheons were held were first-class and the on-site coordinator in each city had taken care of all the details."

Ron Parham, Managing Director

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"Colony Bankcorp has just completed its most successful year in history with total assets approaching $900,000,000, and on March 4th we made our third annual presentation to the Atlanta Chapter which you so efficiently arranged. All three years we have presented to 30 - 35 members and during this time period, the market has been very positive toward Colony stock (CBAN). The performance came first, but then NAS helped us get the story out to the Atlanta community."

James D. Minix President and Chief Executive Officer
Colony Bancorp

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"Just a note to say thanks for your continued excellent work. The recent luncheon you put together for The Exploration Company in Philadelphia: was a great success with a big crowd. NAS services allow us to effectively reach an important group of potential investors through TXCO's existing investor relations program. It's comforting to know that you have the logistics in place at each venue so we can focus solely on our presentation."

Paul Hart Communications Director
The Exploration Company

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"I would like to express my sincere appreciation for the excellent arrangements which you made for our corporate presentation in San Francisco on April 18th. The magnificent setting at the Bankers Club was only surpassed by the friendliness and efficiency of Lynn and her associate who ensured that everything ran smoothly. We were favoured by a very receptive and knowledgeable audience and were gratified by the number of pertinent questions posed at the end the presentation. I. shall certainly be reviewing the list of venues for future luncheons."

Andrew F. B. Milligan, Chairman
Stockscape.com - Technologies Inc.

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Listed below are a few of the companies which have met with our chapters. Their stock appreciation and volume increase is a testimony to the effectiveness of the face to face meetings with our groups of key brokers, analysts, and institutional investors.

(Internet related company from California)

Netopia met with a series of our chapters. Before their first meeting the stock was at $7 and went up 600% to $49.

(Water utility company from New Jersey)

AMERICAN WATER WORKS COMPANY met with chapters in San Francisco, Los Angeles, and Palm Springs. The day before their first meeting the stock was at 24, by Friday the stock was at 28, near the high for the year. A month later the stock hit 33.

(Biopharmaceutical research company)

When we first started working with HOLLIS-EDEN, the stock was at 7. After doing a series of meetings on the east coast, midwest, and west coast, their stock reached 19. Daily volume in the stock went from 25,000 shares a day to over 150,000 shares a day.

(International steel producer based in Canada)

IPSCO met in chapters throughout the midwest. Their stock went from a low of 30, prior to their meetings, to a high of 49 after the meetings with us. IPSCO met again with our chapters in the South and Midwest after that.


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