PORTLAND, Ore., May 18, 2004 (PRIMEZONE) -- IMS Capital Management today announced the addition of Kathleen Griffin as Director of Marketing Communications. The hiring, which increases IMS Capital's total staff size to 12 employees, marks another milestone in the firm's rapid business expansion. Ms. Griffin, formerly of Columbia Funds, will be responsible for all communication activities at IMS, including sales collateral, shareholder communications and media relations.
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Prior to joining IMS, Ms. Griffin was employed at Columbia Management, where she served for 7 years as head of marketing communications for the 15 original Portland-based Columbia Funds. While at Columbia, Ms. Griffin managed the promotion of several new investment products, initiated numerous website programs, including online account access, and built the Funds' original branding campaign, "3,000 Miles from Wall Street".
"Kathy brings a wealth of experience to the IMS team," said Founder and Portfolio Manager Carl W. Marker. "As our asset base expands, she will be instrumental to ensuring the highest quality standards in all facets of shareholder service and corporate communications -- from overseeing our website and financial reporting activities to communicating with the media."
Prior to joining Columbia Funds in 1994, Ms. Griffin served as Director of Shareholder Marketing at Kemper Financial Services, Inc., in Chicago, where she worked for nearly 7 years. She holds a B.A. degree in English from Saint Mary's College in Notre Dame, IN and an MBA in Marketing from DePaul University in Chicago, IL.
IMS Capital Management, headquartered in Portland, Oregon, with offices in Seattle, WA, is the advisor to the IMS Family of no load mutual funds. The firm, founded in 1988, manages over $500 million in mutual funds ($142 million) and separately managed accounts ($358 million). Most recently, the firm has enjoyed national recognition for the performance of its flagship product, IMS Capital Value Fund.
Average Annual Total Returns as of 3/31/04
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Qtr 1 Year 3 Years 5 Years Since Inception (a)
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IMS Capital
Value Fund 8.00% 64.82% 18.11% 13.96% 13.81%
S&P 500 1.69% 35.12% 0.63% -1.20% 7.20%
(a) August 5, 1996
Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's return, when redeemed, may be worth more or less than original cost. Current performance of the fund may be lower or higher than the performance quoted above. The fund's investment objective, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company. The prospectus and current performance data may be obtained by calling 503-788-4200 or visiting www.imscapital.com. Please read it carefully before investing. Figures include changes in principal value, reinvested dividends and capital gain distributions. The S&P 500 Index is widely recognized as an unmanaged index of common stock prices and is representative of a broader range of securities than are found in the Fund's portfolio. Individuals cannot invest directly in the Index. Performance figures reflect the change in the value of the stocks in the Index and reinvestment of dividends. Unified Financial Securities, Inc., Distributor
For more information, please contact Susan Steele at 1-800-408-8014 or Scott Tanner at 703-519-1922.
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