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GARP Research Corporation to Host First Annual Institutional Mid-Cap & Small Cap Investor Conference at Maryland Eastern Shore Resort on Chesapeake Bay on June 15-17, 2004

GARP Research Corporation today announced that it will host its First Annual Institutional Investor Conference at the new and highly acclaimed Hyatt Regency Chesapeake Golf Resort, Spa & Marina in Cambridge, Maryland on the Eastern Shore of the Chesapeake Bay from the evening of Tuesday June 15, 2004 through Thursday June 17, 2004. Companies scheduled to present to institutional equity investors are selected from GARP Research’s mid-cap and small-cap coverage.

BALTIMORE, MD May 27, 2004 -– GARP Research Corporation today announced that it will host its First Annual Investor Conference at the new and highly acclaimed Hyatt Regency Chesapeake Golf Resort, Spa & Marina in Cambridge, Maryland on the Eastern Shore of the Chesapeake Bay from the evening of Tuesday June 15, 2004 through Thursday June 17, 2004. Companies scheduled to present to institutional equity investors are selected from GARP Research’s mid-cap and small-cap coverage.

A short driving distance from Baltimore-Washington International Airport (BWI), this exclusive “small by design” investor conference will enable portfolio managers and analysts to assess fundamentals, business strategies, and competitive forces with senior managements of presenting companies.

On the evening of Tuesday June 15, 2004 attendees will meet for an opening reception at the resort. On Wednesday, June 16th, there will be presentations and breakout sessions throughout the day followed by dinners with participating companies. On Thursday, June 17th, breakout sessions will continue and program will close with a boxed lunch and optional golf tournament.

The full conference agenda can be viewed at www.garpregistration.com. Featured companies to present include:

Cabot Microelectronics Marriott International
Cephalon MAXIMUS
Cognex Micros Systems
Delta & Pine Land Co. PPD Inc.
Edward Lifesciences SEI Investments
Fluor Corporation Steris
Illumina Synopsys
IMS Health Transmeta Corporation
Lincare Waters Corporation

Founded in 1996, GARP Research Corporation is an independent equity research firm for US mid-cap and small-cap growth companies with a track record of insightful analyses and strong results. The firm has a defined investment philosophy based on growth, quality and control of risk. Specific factors evaluated include cash generation, organic growth, and financial stability. GARP controls risk by technical analysis of long-term stock charts and a proprietary valuation method. GARP Research is best known for its in-depth company reports and focuses on competition and market potential. The firm typically recommends a stock after it has declined significantly and then based-out over many quarters. GARP avoids momentum stocks. As such, GARP tends to be notably contrarian.