Contacts:
Kathleen Sherman, VP Corporate Communications, Investors Business Daily
310.448.6746; kathleen.sherman@investors.com

Jonathan Hahn, Media Relations Manager, Investors Business Daily
310.448.6744; jonathan.hahn@investors.com

Dan Kraninger, President, NorthCoast Asset Management
203.532.7000; dkraninger@northcoastam.com

March 6, 2006
For Immediate Release

Investor’s Business Daily, Inc. and NorthCoast Asset Management, LLC sign licensing agreement for launch of
CAN SLIM^® Private Clients

LOS ANGELES—Investor’s Business Daily, Inc. (IBD) and NorthCoast Asset Management, LLC today announced a licensing agreement that will allow NorthCoast to develop and brand a separate account offering with the CAN SLIM^TM name. The offering will be called CAN SLIM^TM Private Clients and will be available to the public on March 13, 2006. For more information visit: www.canslimpc.com.

CAN SLIM Private Clients will provide investors with a private investment service dedicated to CAN SLIM investing. Investor's Business Daily's Chairman and Founder, William J. O’Neil, discovered and developed CAN SLIM—a methodology that arms investors with the seven common characteristics stock market performers demonstrate before they make their biggest gains. For the first time, private portfolios will be personally constructed for clients based on their needs and objectives using CAN SLIM investing techniques. NorthCoast will combine the CAN SLIM techniques, which have proven valuable over the last half-century, with private client services, such as tax management and portfolio hedging, which were once only available to a bank’s wealthiest customers.

William J. O’Neil remarked, “CAN SLIM investors are very interested in finding alternative ways to leverage our investment methodology. We believe investors will welcome an investment vehicle of this kind. We’re very pleased that NorthCoast is going to bring this offering to the market.”

NorthCoast Asset Management’s President, Dan Kraninger, commented, “After studying CAN SLIM investing for years, we are thrilled to have established this licensing agreement with IBD. CAN SLIM is a terrific stock selection methodology and when married to our quantitative strategies, creates an excellent growth portfolio and a very compelling separate account service.”

About NorthCoast
NorthCoast Asset Management, LLC is an Investment Advisor registered with the SEC. Founded in 1988 and based in Greenwich, Connecticut, NorthCoast specializes in quantitative research and managing rules-based investment programs for clients and institutions around the world.

About IBD
Investor’s Business Daily^®, its digital edition eIBD^TM and the award-winning companion Web site, investors.com are recognized worldwide for communicating information that empowers individual and professional investors with cutting-edge research, stock screens and ratings that can’t be found anywhere else. Through unique proprietary screening criteria backed up by decades of market research, IBD’s publications highlight stock winners and major market turns as they emerge. Founded in 1984 by leading investor William J. O’Neil, IBD^® has redefined the way news and financial data are presented. Investors.com, named one of the Forbes “Best of the Web,” provides a suite of equally powerful tools and screens. Both eIBD^TM and investors.com are available worldwide.

Disclosure
Details on this service may be obtained by calling 888-4-CANSLIM or by visiting www.canslimpc.com.

CAN SLIM is a trademark of Data Analysis, Inc., licensed for certain purposes to Investor’s Business Daily, Inc., and used here by NorthCoast Asset Management with permission. Investor’s Business Daily and IBD are registered trademarks of Data Analysis Inc., an affiliate of Investor’s Business Daily, Inc. CAN SLIM Private Clients is not sponsored by Investor’s Business Daily, Inc. or William J. O’Neil and neither is recommending, advising or otherwise endorsing CAN SLIM Private Clients.