Jul 11, 2005 (financialwire.net via COMTEX) --

July 11, 2005 (FinancialWire) MIV Therapeutics gained 15.38% Friday on volume trading at 1,311,234, over 4.6 times the average volume of 285,017 to close at $0.75.

MIV Therapeutics stock has also reached a 5-week high and gained more than 40% since the company's last update, which came on June 28.

MIV Therapeutics is covered by Investrend Research affiliate Beacon Equity Research analyst Shailesh Dhuri, who on April 6, 2005, rated the company "Outperform," with a Target of $1.53. The company was previously covered by Investrend Research affiliate SISM Research's analyst, Ernest C. Schlotter. On September 22, 2003, Schlotter initiated coverage with a "Buy" rating and a $1.50 target, which was reiterated June 18, 2004. SISM Research is also distributed by the Investrend Research Syndicate. MIV Therapeutics pays SISM Research $1,750 per month

over a two-year period solely to ensure independent coverage.

Beacon Equity Research, SISM Research and Investrend Research all subscribe to the "Standards for Independent Research Providers" at http://www.firstresearchconsortium.com, and adhere to the Guidelines for independent providers jointly endorsed by the National Investor Relations Institute (http://www.niri.org) and the CFA Institute (http://www.cfainstitute.org)

According to the New York Times (NYSE: NYT), a survey by Charles Schwab & Co. reveals an astonishing 78 percent of active stockholders now "value research from independent firms over analysis by Wall Street firms with financial ties to the companies they are rating." A survey at Investopedia reveals that 74.7% of investors say that "legitimate fee-based research is objective and useful," and 70.9% say that a company that enrolls for "legitimate fee-based research is making a positive statement about its investment potential."

The fee for SISM coverage was $16,500, and the fees were paid by the company to SISM. There are never any fees associated with FinancialWire, which independently covers a wide range of corporate news, including but not limited to those that are or have been enrolled in Investrend's platforms. The fee for Beacon Equity Research coverage is $18,000 for a year, and was paid by the company.

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