eResearch Update Report on Integrated Asset Management Corp.

TORONTO, ONTARIO--(Marketwire - Aug. 22, 2008) - Integrated Asset Management Corp. (IAM) is an investment management company exclusively focused on alternative asset classes. It has currently $3.3 billion of assets under management.

IAM is focused on five alternative asset classes: (1) real estate; (2) private debt; (3) retail alternative investment management; (4) private equity; and (5) managed futures.

The retail alternative investment management operation is conducted through BluMont Capital. Each asset class has a slightly different structure but, for the most part, operate under the basic principle that IAM strives to own 100% of the business with managers participating in both management fees and performance fees. IAM markets its fund management expertise to institutional clients including pension funds. Retail clients are served through the products offered by BluMont Capital.

eResearch is in its fourth year of coverage of IAM. Our Update Report discusses fiscal Q3/08, where EBITDA of $0.14 per share was up from $0.10 in Q3/07. Performance fees were up 6%, but management fees slumped 10% on lower real estate and debt transactions. We maintain our Strong Buy rating but, in view of the current difficult conditions in the financial services sector, we are lowering our 12-month Target Price from $3.00 to $2.35 per share. The shares yield 6.9% on the 8-cent annual dividend.

This Press Release was prepared by eResearch and was not vetted by Integrated Asset Management Corp. Further, the Recommendation and Target Price contained in this report are strictly those of eResearch and, due to securities laws, are not endorsed by Integrated Asset Management Corp.

eResearch provides institutional-quality investment research, focused primarily on small- and mid-cap companies, with the potential of reaching millions of global investors through our extensive electronic distribution network.

Conflict of Interest: Koloshuk Farrugia Corp., the largest shareholder of Integrated Asset Management Corp. ("IAM"), is also the largest shareholder of Independent Equity Research Corp. (operating as eResearch).

Integrated Asset Management Corp. paid eResearch a fee of $35,000 + GST to conduct research on the Company, on an Annual Continuous Coverage basis.

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Bob Weir, CFA
eResearch
Director of Research
(416) 643-7643
Email: bweir@eresearch.ca
Website: www.eresearch.ca