MINOT, N.D., June 24 /PRNewswire-FirstCall/ -- Integrity Mutual Funds, Inc. (OTC:IMFD) (BULLETIN BOARD: IMFD) , a mutual fund and financial services company, announced today that its Williston Basin/Mid-North America Stock Fund (ICPAX) has an Overall 4-Star Morningstar Rating(TM) for the period ended May 31, 2009. The Fund invests at least 80% of its net assets in equity securities of US and Canadian companies in the mid-continent region of North America. Half the Fund's stocks will typically be those directly participating in or benefiting from the development of the resource-rich Williston Basin area and Mid-North America region. The other half are chosen to reduce the high volatility of natural resource stocks through more conservative companies of the mid-continent. "I am excited that this unique fund and its special focus is doing well - the fund is an unusual opportunity for investors who may have overlooked this tremendously resource-rich area at home," said Robert Loest, Senior Portfolio Manager of Integrity's Williston Basin/Mid-North America Stock Fund. "Newer technologies have allowed companies to 'unlock' more of the resources from the Basin and we are delighted to take advantage of this opportunity." The Williston Basin/Mid-North America continental region, rich in natural resources, especially in agriculture, oil and natural gas, wind and solar energy, will invest in equity securities that are participating or benefiting from the economic development of the Williston Basin area and/or Mid-North America area. This encompasses the states of Arkansas, Colorado, Illinois, Iowa, Kansas, Louisiana, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Texas, Wisconsin, and Wyoming; and the Canadian provinces of Alberta, Manitoba, and Saskatchewan. About the Morningstar Rating(TM): For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating(TM) based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. The Integrity Williston Basin/Mid-North America Stock Fund was rated 4-stars against the following numbers of U.S.-domiciled Mid-Cap Growth funds over the following time periods: 3-year 805 funds, 5-year 673 funds, and Overall 805 funds. (c) 2009 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. More information is available at http://corp.integrityfunds.com/ or by calling (800) 276-1262. Please consider carefully the Fund's investment objectives, risks, charges and expenses. For this and other important information, obtain a fund prospectus by visiting http://www.integrityfunds.com/ or by calling 1-800-276-1262. Read it carefully before investing. Distributed by Integrity Funds Distributor, Inc. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. DATASOURCE: Integrity Mutual Funds, Inc. CONTACT: Kelly Cinelli, , or Ronnie Welch, , both for Integrity Mutual Funds, Inc., +1-508-222-4802 Web Site: http://www.integrityfunds.com/

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