Marks Paneth & Shron LLP Director of Government Services to Speak at Second Annual Municipal Unfunde

April 12, 2007

New York, NY - (April 12, 2007) – Warren Ruppel, CPA and Director of Government Services at top ranking, Manhattan-based accounting firm, Marks Paneth LLP , will be speaking at the Second Annual Municipal Unfunded OPEB Liabilities Conference at the Marriott Financial Center in New York City on Monday April 16th.

The funding of Other Post-Employment Benefits (OPEB) is the next great hurdle in the Public Finance Industry. This large-scale industry summit is designed to address all that will be required of government and their OPEB funds and liabilities over the next two years, which have been brought to the forefront by changes in accounting and financial reporting requirements.

Mr. Ruppel acts as Marks Paneth' primary liaison on all business involving federal, state and local governments. At the conference, he will be speaking on the topic of OPEB Funding versus Pension Funding. A brief bio follows below.

He says that while OPEB and pension benefits are often related and accounted for in similar ways, they are two distinct types of liabilities. The comparison of the accounting, rating, legal, actuarial and financial frameworks may suggest that OPEB and pension liabilities are most effectively examined neither separately nor apart; but as two related pieces.

About Marks Paneth LLP

Marks Paneth LLP, whose origins date back to 1907, provides a full range of accounting, tax, financial and management advisory services. Among its niche practices are real estate, media and entertainment, nonprofit organizations, financial and tax planning for high net worth individuals, professional service businesses, international taxation and energy industries. In addition, Marks Paneth provides litigation and forensic accounting services and valuation services as well as a full range of international tax planning and consulting services for clients with interests overseas. The firm's subsidiary, Tailored Technologies, LLC, provides information technology consulting services. Marks Paneth LLP is headquartered in New York, NY with additional offices in Woodbury and Tarrytown, NY.

Contact:
Carolyn Moses
Marks Paneth LLP
212-503-8884
cmoses@markspaneth.com

Suzanne Dawson
Linden Alschuler & Kaplan
212-329-1420
sdawson@lakpr.com

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