Company Press Release

Riverbridge Partners Launches First Mutual Fund

MINNEAPOLIS, Jan 14, 2013 (BUSINESS WIRE) -- Riverbridge Partners, LLC (Riverbridge) is pleased to announce the launch of its first mutual fund, the Riverbridge Growth Fund. The Riverbridge Growth Fund is available through two different share classes, Investor Class (RIVRX) and Institutional Class (RIVBX) shares. The minimum initial investment for Investor Class shares is $2,500 and the minimum initial investment for Institutional Class shares is $1,000,000.

The new fund invests in U.S. equities across all market capitalizations. It is managed by the Riverbridge Investment Team, which has been managing growth equity separate account strategies for over 25 years. The Riverbridge Investment Team includes three portfolio managers, who have worked together for over 20 years, and four research analysts.

The Riverbridge Growth Fund is modeled after the Riverbridge All Cap Growth portfolio, the firm's flagship investment strategy. The fund is invested using the same investment disciplines on which Riverbridge was founded in 1987.

"We have been managing separate accounts for over 25 years and we are excited to offer our investment strategy by way of a mutual fund," said Mark Thompson, Chief Investment Officer. "The investment success of our clients is our number one concern. And, with this launch, we will be able to serve the investment needs of a broader clientele."

The Riverbridge Investment Team strives to invest the fund in high quality, well-managed businesses that are competitively positioned and have the ability to sustain strong earnings growth over long periods of time. These investment disciplines have been in place since the inception of the firm.

"Riverbridge has never deviated from its stated investment philosophy of buying differentiated, well-managed growth companies," stated Mark Thompson. "Furthermore, our clients can be assured that we are committed to the consistent application of our timeless investment process, because consistent disciplines are the key to long-term investment success."

About Riverbridge Partners, LLC Riverbridge Partners was founded in 1987 and has remained a trusted investment manager for institutions and high net worth individuals. Riverbridge is based in Minneapolis and manages assets in growth equity strategies across all market capitalization ranges. All strategies are managed by an investment team whose senior members average over 20 years at the firm. Throughout its 25 year history Riverbridge has been committed to its defined, timeless investment process that has been tested and proven in various types of market cycles. For more information: www.riverbridge.com .

Disclosures Investors should carefully consider the investment objectives, risks, charges and expenses of the Riverbridge Growth Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained at www.riverbridge.com or by calling (888) 447-4470. The prospectus should be read carefully before investing. The Fund is available for sale in all states.

The Riverbridge Growth Fund is distributed by IMST Distributors, LLC, FINRA member.

Investing involves risk, including the possible loss of principal. The Fund invests in small and medium size companies. Investments in these companies, especially smaller companies, carry greater risk than is customarily associated with larger companies for various reasons such as increased volatility of earnings and prospects, narrower markets, limited financial resources and less liquid stock. The Fund invests in foreign securities through the use of ADRs. Foreign investments involve additional risks, including currency fluctuations, political instability, differences in financial reporting standards and less stringent regulation of securities markets. Emerging market countries involve greater risks, such as immature economic structures, national policies restricting investments by foreigners, and different legal systems. The Fund will typically invest in the securities of fewer issuers. If the Fund's portfolio is over weighted in a sector, any negative development affecting that sector will have a greater impact on the Fund than a fund that is not over weighted in that sector.

Riverbridge Partners, LLC is not affiliated with IMST Distributors, LLC.

Riverbridge mutual funds may be offered only to persons in the United States and its territories, and by way of a prospectus. This news release should not be considered a solicitation or offering of any Riverbridge mutual fund to investors residing outside the United States or its territories.