Lebed.biz Stock Profiles: December 14th, 2004: We are profiling NetGuru Inc. (NGRU) at $1.24 as a long-term strong buy. NGRU develops and markets structural and civil engineering and collaborative software products and services; embedded information technology (IT) services, including engineering business process outsourcing, and Web-based telecommunications services. We believe NGRU is an underdiscovered Internet related gem. While revenues have been declining during the recent years, NGRU appears to be getting costs under control and reported a net loss last quarter of only $61,000. NGRU recently announced an alliance with Oracle to enhance Oracle's Files 10g content management solution by integrating additional functions, such as document capture, regulatory-compliance document storage, document viewing and annotation, and other document-related security and control capabilities. NGRU licenses its engineering software and solutions to more than 20,000 businesses in 85 countries. NGRU has been in business for 21 years and has 160,000 software installations worldwide.