Interpacific Investors Services, Inc. (IIS) was founded and capitalized in 1970 by Mr. Ralph Stuart and sixty-five associated representatives who left Waddell & Reed to form IIS. Throughout much of the 1970s many registered representatives who knew of Mr. Stuart joined him, and IIS had significant growth. In 1980, Mr. Stuart sold the firm to Gary Lundgren, the firm's current owner. Mr. Stuart's continued to manage IIS until his retirement in February of 1991 (at 81 years of age) after twenty-one years of service to IIS, its customers, employees and registered representatives. Mr. Stuart's investment philosophy of contraian investing in distressed asset backed corporate utility bonds scored many successful investment results for IIS customers. In 1991 Mr. Lundgren made the decision to bring to IIS a new management team which would design a business plan for growth of the firm, primarily through recruitment of new representatives, introduction of new technology, improved communications systems, efficiencies and improvement of home office administrative, clerical and trading operations to provide increased and improved service to IIS customers and registered representatives. IIS today has approximately 20 licensed representatives, in the states of Hawaii, Alaska, Washington, Oregon, California, Nevada, Idaho, Utah, Wyoming, Colorado, Montana, Arizona, Texas, North Carolina and Georgia. Most of our representatives either operate out of their house, or are affiliated with a Regional Manager who supervises them, and may provide office space. For a list of our registered representatives, refer to the Registered Representatives section of our home page. IIS is a very conservative firm in its nature. Mutual Funds comprise forty-five percent of our business. Principal transactions out of our own inventory of corporate and municipal bonds. Individual equities and insurance represent a very small, but growing, portion of our current revenues. IIS has, for the last 30 years, believed in a simple, yet effective strategy of investing in corporate and municipal bonds for income, and investing for the long term in good quality, growth mutual funds for capital appreciation. We have seen the results of our investment recommendations in the many success stories of our clients over the years. While IIS is excited to share its story to all, and is very pleased with the growth our firm is experiencing, we don’t forget our roots. Discipline in investing and providing value added service to our customers is the key to success over time. IIS has the experience of seeing our discipline be successful for over 30 years. In the ever-changing world of financial investments, it is essential not to lose sight of what has been successful over time. Especially during the current period where value investing has lost some of its following to dot.com mania. Thank you for your interest in Interpacific Investors Services. If we can be of any help to you, please do not hesitate to contact us by phone at 1-800-685-7768, or of course, utilize our e-mail contact on our home page.