InterSearch is a leading provider of Internet search services through a combination of traffic aggregation and proprietary websites, such as www.irs.com. The company operates in the fastest growing segments of Internet commerce including paid search and direct navigation driving high quality traffic to advertisers and providing users with quick access to pertinent products and services. Through its InterSearch Corporate Services division, the company also provides IT and Internet strategy consulting to large corporations, predominantly in the financial services market. Updates · 9/19/06 - IGPN announced the acquisition of www.banks.com. It is believed that Marchex's big winner was www.debts.com. In our opinion www.banks.com has the potential to be a much better domain and if they do what they have done with www.banks.com as they did with irs.com they will have a huge winner on their hands. This will also reduce the seasonality of their business. Highlights: · Company announced today that its common stock is eligible for trading on the Over the Counter Bulletin Board via (TK:IGPN.OB) · The seasonality of its business will overtime be eliminated through further acquisitions, which will make the Company’s appearance by Wall Street improved · IGPN is currently significantly undervalued compared to its peers (Marchex, etc.), despite the fact that they have a low cost focused growth strategy compared to other industry players. This is due to their focus on only making profitable accretive acquisitions. · The company recently closed a cash flow loan which enabled them to not only pay off the remaining earnout payment of IRS.com, but also give them growth capital to continue to grow the business. · Very solid management team with very conservative management principles. Even with there conservative nature they have been growing the business in excess of 50% year over year.