Press Release

For additional information:
J. Richard Lynch
Center for Fiduciary Studies
(412) 741-8140

FOR IMMEDIATE RELEASE

Pittsburgh, PA,   December 17, 2003… Ric Lager and Rich Myers of Lager & Company, Inc., have successfully completed the ACCREDITED INVESTMENT FIDUCIARY™ Program at the Center for Fiduciary Studies (Center), a nationally recognized training organization for fiduciaries.  Lager is president of Lager & Company, Inc., a Registered Investment Advisory firm located in Golden Valley, Minnesota.  Myers is a recently retired executive currently working as a consultant with Lager & Company, Inc. AIF™ Program graduates are specially trained in investment fiduciary responsibility and portfolio management.

The Center for Fiduciary Studies is the first full-time training and research facility for fiduciaries.  The Center, associated with the University of Pittsburgh Joseph M. Katz Graduate School of Business, teaches fiduciary standards of care and investment best practices designed for trustees and investment professionals.  Programs are offered throughout the year at the University of Pittsburgh Center for Executive Education and Stetson University’s Celebration Campus in Orlando, Florida.