Hennessy Funds Wins First MFEA STAR Awards

November 4, 2009

NOVATO, Calif., Nov. 4 /PRNewswire-FirstCall/ -- Hennessy Advisors, Inc. (OTC Bulletin Boarad: HNNA) Hennessy Advisors, Inc., investment manager of the Hennessy Funds, has announced that Hennessy Funds has received two 2009 STAR Awards for excellence in mutual fund marketing and communications. The STAR Awards are presented annually by the Mutual Fund Education Alliance (MFEA), a national mutual fund industry trade association, and the awards have become a prestigious recognition of companies in the fund industry who excel in marketing, education and communications. In the Small Company category Hennessy was named winner for "Best Investor Introduction Kit" and for "Best Advisor Online Innovation" for their Research website. This unique site offers Research Analysts and Consultants complete transparency and attribution on all of Hennessy's portfolios.

"We are honored to receive this recognition from such a well-respected industry association, and to have won multiple STAR Awards in the first year that we were eligible," said Kevin Rowell, President of Hennessy Funds. "We are proud to have been recognized for both online and offline marketing pieces and for communications targeted to both Advisor and Retail shareholder audiences," he added.

About Hennessy Funds

Hennessy Funds is an equity asset management firm that offers investors a full line-up of quantitatively managed portfolios as well as a number of sub-advised, actively managed funds. Hennessy employs a consistent and repeatable investment process, combining time-tested stock selection strategies with a highly disciplined, team-managed approach, and offers investors both domestic and international equity products.

The Funds' investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling 1-800-966-4354. Please read it carefully before investing.

Mutual fund investing involves risk; principal loss is possible.

Quasar Distributors, LLC, Distributor.

SOURCE Hennessy Advisors, Inc.