PRESS RELEASE

For additional information contact:
Kim Wiley
Marketing Coordinator
kwiley@untracht.com

December 10, 2004

BRENNA E. PEPSIN JOINS UNTRACHT EARLY ACCOUNTING & AUDITING DEPARTMENT

Untracht Early & Associates, LLC is pleased to announce that Brenna E. Pepsin has joined the firm as a senior member of their Accounting and Auditing Department. Brenna earned a Bachelor of Science in Accounting from Rutgers, The State University of New Jersey. Prior to joining Untracht, she held an Assistant Controller position at an asset management firm in New York City.

Untracht Early & Associates is a growing CPA firm offering a full range of accounting and auditing services together with tax and consulting services. The firm specializes in entrepreneurial businesses and their owners and high net worth individuals and their families. Founded in 1993, Untracht Early & Associates is built on solid professional skills and strong working relationships with clients. Located in Florham Park, New Jersey, the firm employs a staff of 40 people.