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Kern Capital Management LLC ("KCM") is a wholly owned registered investment advisory firm co-founded by Robert E. Kern Jr. and David G. Kern in 1997. With a philosophy that high rates of return are achieved by focusing resources where inefficiencies are greatest, KCM is dedicated to investing in micro-cap and small-cap growth companies. Within the micro-cap and small-cap growth stock universe, KCM's fundamental investment research is focused on the most innovative sectors of the U.S. economy (Technology, Healthcare, Services and Consumer sectors).