January 23, 2001

Corporate Environmental Research Now Available to Individual Investors

INNOVEST AND SOCIALFUNDS.COM TEAM UP TO OFFER ON-LINE REPORTS

New York, NY January 23, 2001 – Innovest Strategic Value Advisors, Inc. and Socialfunds.com have announced a joint marketing agreement to provide individual investors with access to corporate environmental performance research previously available only to the institutional marketplace. The research reports, now offered on www.socialfunds.com, utilize Innovest’s unique methodology of correlating corporate environmental performance with stock market performance.

"This is the first time a corporate environmental research product has been available to individual investors," said Peter Wilkes, Managing Director of Innovest. "With the increase in number of socially responsible mutual funds and continued public concern for environmental issues, it just made sense to provide our research to individuals. We are very pleased to team up with SocialFunds.com as the premier personal finance site for social investors," he continued.

The product is an annual subscription to monthly industry reports. Each report includes an industry overview, charts and graphs on specific companies, the official Innovest Ratings (from AAA to CCC) on companies in the particular industry, and the correlation with stock market performance. The first report, available now on SocialFunds.com, rates the top environmental companies in the computer industry. Future reports will include the pharmaceutical, petroleum, semiconductor, automobile, and food industries. Additional Innovest research products can also be purchased on-line through the Innovest Store at SocialFunds.com.

"Innovest’s industry reports will help investors identify and profit from leading socially responsible companies" declared to Jay Falk, President of SRI World Group. "Our partnership with Innovest furthers our mission to empower individual social investors with unique research," Falk added.

Innovest Strategic Value Advisors is an internationally recognized investment research firm specializing in environmental finance and investment opportunities. Innovest’s principals have worked with senior executives from some of the leading industrial companies and institutional investors throughout the world. Founded in 1995 by Dr. Matthew Kiernan, Innovest is headquartered in New York, with offices in London and Toronto. The company is chaired by Jim Martin, former Chief Investment Officer for North America’s largest pension fund, TIAA-CREF.

SocialFunds.com is operated by SRI World Group, Inc, an Internet-based financial information services firm. The SocialFunds.com site features daily coverage of social investment news, a corporate social research center that covers the social and environmental performance of more than 1,000 US companies, social mutual fund data, shareholder resolutions, community investing, and financial advice. SRI World Group also operates CSRwire.com, a newswire service devoted to corporate social responsibility press releases.