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Wall Street Wire<br>
Immediate Undervalue Alert<br>
Our April Alert (ALAN) was a Home Run Pick:<br>
82 to 2.34 in 3 Days (+185%)
<p>Here is our Grand Slam for May:<br>
D P R I: Watch your screen, don't miss out!</p>
<p>$Billion Dollar Insurance Companies use DPRI<br>
to Investigate Product Failures and Recover Lost Claims!<br>
Diversified Product Inspections, Inc. (OTC.BB DPRI) reports<br>
Revenue Growth up over 600% in last 5 years!</p>
<p>DPRI Posts Record Profits - <br>
Revenues: 2.4 Million in '03 vs. 1.9 Million in '02<br>
2003 EARNINGS: 4 cents per share<br>
2004 Revenues (proj): 3.2 Million<br>
2004 EARNINGS (est): 7 cents per share<br>
Shares Outstanding: 14.9 Million (10.4 restricted, 4.5 free-trading)<br>
Current Price: .28<br>
3-Day Run: .92 (Stock should be trading here based on earnings)<br>
Estimated High for 2004: 1.68 based upon average industry PE (22-26)</p>
<p>DPRI - A Well-Kept Secret:<br>
Even after saving the largest insurance companies tens of millions of dollars
<br>
while compiling an impressive 14-year history of continuous growth, DPRI <br>
remains relatively unknown to investors with shares trading at rock-bottom <br>
prices. DPRI is a leader at the highest level specializing in the investigation
<br>
and laboratory analysis which determines the cause and origin of product <br>
failures, commercial and residential fires, and in-depth air quality analysis
<br>
for a Fortune 500 client list that reads as a "who's-who" of the insurance
<br>
industry:<br>
Allstate, Bankers Security, C.N.A., Fireman's Fund, Florida Farm Bureau, <br>
Hartford, Liberty Mutual, Nationwide, Prudential, Reliance, Republic, <br>
Safeco, State Farm, Travelers, USAA, United Pacific, and Zurich American</p>
<p>This phenomenal customer list is unheard of for any Company at this price <br>
level - and this is only a partial list. DPRI currently provides investigative
<br>
services for over 2,000 insurance adjusters in more than 40 states <br>
representing nearly 100 of the nation's largest insurers.</p>
<p>Insurers Recovering Claims Leads to Record Number of Inspections: <br>
The number of annual product inspections performed by DPRI with regard <br>
to investigating defects has tripled to 10,000 per year up from 3,000 three
<br>
years ago as insurers see the financial rewards of identifying the exact cause
<br>
of a defective or failed product. </p>
<p>Insurance claims in the US run into the hundreds of millions of dollars each
<br>
year with a vast majority of these claims resulting from product failures <br>
caused by defects. Insurance companies routinely pay the policy holder for <br>
damage when a claim is submitted but can recover from the manufacturer <br>
the money paid out when the findings of an investigator determines that <br>
damages were caused by a product defect. The insurance company's right to <br>
recover funds from the manufacturer is a legal principle called subrogation
<br>
which cost-effectively saves millions for the insurer while helping to avoid
<br>
rising premiums for the consumer. </p>
<p>DPRI's Findings Influence Hi-Profile Cases:<br>
DPRI investigators are recognized by the Courts as experts in their field <br>
whereby their testimony carries tremendous weight as to the final outcome <br>
of an insurance related lawsuit. Here are some examples in which DPRI <br>
investigations enabled the client to achieve a successful verdict in a <br>
subrogation claim:<br>
Masonite Siding Class Action Lawsuit: DPRI's findings resulted in a $4.3 <br>
Billion class action settlement.<br>
Louisiana Pacific Class Action Lawsuit: DPRI inspected 2,000 homes in 19 <br>
states for defective siding. DPRI developed a method of positively <br>
identifying the defect. The result was a $750,000 class action settlement for
<br>
the client.<br>
California Strip Mall Fire Damage: DPRI positively identified the origin, <br>
cause, and manufacturer of a battery charger responsible for heavy fire <br>
damage to a shopping mall. DPRI's client, Reliance Insurance, was able to <br>
subrogate (recover) a $1,000,000 claim.<br>
Ply-Gen (Hoover) vs. Pulte Home: DPRI investigations and lab analysis <br>
resulted in a $23.3 Million settlement to the homeowners. </p>
<p>The Most Valuable Database In The Industry:<br>
DPRI owns an exclusive proprietary computerized database of over 300,000 <br>
product defects and failures including the key identifiers associated with <br>
these products, a library of over 300,000 photographs with accompanying <br>
documentation, and hundreds of videos. This database is the result of 10 <br>
years of research and is frequently updated. To the Company's knowledge, <br>
there is no other company in the US with such an extensive database, and <br>
any attempt to create one from scratch would be an undertaking of great time
<br>
and cost. </p>
<p>Many companies, organizations, and government agencies have approached <br>
DPRI for the purpose of contractually paying for database access. DPRI has <br>
entered negotiations to allow database access, and as a measure of its value,
<br>
closed on a contract to receive $1,000,000 from a single company for access
<br>
to the database for a 10-year period. This is just the start of what should
be <br>
an additional and sizable revenue stream.</p>
<p>Insurance Related Stock Investments - The Key To Success:<br>
Billionaire-financial genius Warren Buffet has grown his Berkshire <br>
Hathaway empire (trading at over $80,000 per share) on the explosive cash <br>
flow from 3 insurance subsidiaries: National Indemnity, GEICO, and <br>
reinsurance giant General Re. </p>
<p>DPRI is being force-fed ever increasing amounts of business by the leading
<br>
core of this very successful sector but has remained below the radar of <br>
investors, thus creating a share price that is artificially undervalued. DPRI
<br>
has the proven experience that fosters escalating revenues and growth. Based
<br>
on the very small float and the ability for the stock to jump sharply on any
<br>
real volume, upcoming news and continuous profits will lead to increased <br>
exposure in conjunction with a soaring stock price.</p>
<p>Forward Looking Statements and Disclosure: Wall Street Wire (WSW) <br>
cautions that small and micro-cap stocks are high-risk investments and that
<br>
some or all investment dollars can be lost. We suggest you consult a <br>
professional investment advisor before purchasing any stock. WSW is not <br>
offering securities for sale or solicitation of any offer to buy or sell <br>
securities. WSW has received thirty thousand dollars from a third party for
<br>
the dissemination of this company profile. Since we have received <br>
compensation there is an inherent conflict of interest in our statements and
<br>
opinions. Readers of this publication are cautioned not to place undue <br>
reliance on forward-looking statements, which are based on certain </p>
<p>assumptions and expectations involving various risks and uncertainties, that
<br>
could cause results to differ materially from those set forth in the forward-<br>
looking statements.</p>
<p></p>
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