Mutual Fund Expert Chosen as One of 30 MostInfluential People in the Industry; Los Angeles Radio...

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Aug. 24, 1999--

Doug Fabian, president of Fabian Investment Resources and the host of a popular Los Angeles radio show, was picked as one of the most influential people in the mutual fund industry by SmartMoney magazine in its September 1999 issue.

Concurrently, Fabian's Los Angeles radio show "Fabian on Funds" has seen 100% increase in ratings, as ranked by Arbitron, a third-party monitoring service, in the last 90 days. Fabian's show airs on Saturday mornings on KLSX 97.1FM.

"I'm trying to help the average investor take control of his or her finances and beat Wall Street," says Fabian. "People don't realize all the tricks the mutual fund industry will play on you to take your money away. "

Fabian is the only newsletter editor honored and joins the ranks of Alan Greenspan, Federal Reserve chairman, David Pottruck, president of Schwab, Suze Orman, personal finance author and others.

Fabian started advising individual investors in 1979. Over 40,000 registered subscribers, with an estimated $1 billion in assets, follow his strategies for investing in mutual funds. His flagship service, the Premium Investment Resource, has been ranked No. 1 nine times by industry watchdog Mark Hulbert.

His mutual fund advisory service publishes a wide array of investment strategies and information for the individual investor that can be found at www.fabianlive.com. Fabian is a subsidiary of Phillips Publishing, Inc., the largest privately held newsletter publisher in the U.S.