PRESS RELEASE

For additional information contact:
Andrea Kriznauski
Marketing Coordinator
akriznauski@untracht.com

June 1, 2005

UNTRACHT EARLY & ASSOCIATES, LLC ANNOUNCES NEW ADDITION TO TAX DEPARTMENT

Florham Park, NJ -- Untracht Early & Associates, LLC is pleased to announce that Jennifer Boggess, CPA has joined the firm as a Senior in the Tax Department. Jennifer received a Bachelor of Science in Accounting from Montclair State University. She holds a CPA license in the State of New Jersey and is a member of the AICPA and the New Jersey Society of CPAs. Prior to joining the firm, Jennifer was a Senior Tax Consultant for a large national accounting firm.

Untracht Early & Associates is a mid-sized accounting firm located in Florham Park, New Jersey. The firm offers a full range of accounting, tax, auditing and consulting services. The firm specializes in serving a diverse clientele that includes investment partnerships, closely held and entrepreneurial businesses and provides Family Office Services to meet the needs of high net worth individuals and their families. Untracht Early holds itself to high standards and is built on solid professional skills and strong working relationships with their clients.