Marks Paneth & Shron LLP Partner Appointed to Public Company Accounting Oversight Board's (PCAOB's)

November 3, 2008

Sharon Sabba Fierstein, Litigation and Corporate Financial Advisory Services Partner at Marks Paneth, to Support PCAOB in Protecting the Interests of Investors

New York, NY - (November 3, 2008) - Marks Paneth LLP , the New York-based accounting firm, announced today that Sharon Sabba Fierstein, Partner in the firm's Litigation and Corporate Financial Advisory Services Group, has been appointed to the Public Company Accounting Oversight Board's (PCAOB's) 2009-2010 Standing Advisory Group.

As a member of the PCAOB Standing Advisory Group, Ms. Fierstein will advise the PCAOB on auditing and related professional practice standards for public companies. The advisory group includes 34 highly qualified individuals from across the United States, including professional auditors, public company executives, investors and others.

At Marks Paneth, Ms. Fierstein leads the firm's consulting and litigation services work for mortgage banking (including subprime) clients, conventional lending institutions and regulatory agencies. She also manages the day-to-day operations of the firm's Litigation and Corporate Financial Advisory Services Group.

Ms. Fierstein holds a Master of Business Administration degree from New York University and a Bachelor of Arts degree from Wesleyan University in Middletown, Connecticut. She is the President of the New York State Society of Certified Public Accountants (NYSSCPA) and the Chairman of its Board of Directors and Executive Committee. Ms. Fierstein resides in Woodbury, New York with her husband and twin daughters.

About Marks Paneth LLP

Marks Paneth LLP is an accounting firm with nearly 500 people, approximately 70 of whom are partners and principals. The firm provides businesses with a full range of auditing, accounting and tax services, as well as litigation and corporate financial advisory services to domestic and international clients. The firm also specializes in providing tax advisory and consulting for high net worth individuals and their families, as well as a wide range of services for international, real estate, media, entertainment, nonprofit, professional and financial services and energy clients.

The firm's subsidiary, Tailored Technologies, LLC, provides information technology consulting services. In addition, its membership in JHI, the leading international association for independent business advisers, financial consulting and accounting firms, facilitates service delivery to clients throughout the United States and around the world.

Marks Paneth, whose origins date back to 1907, is the 28th largest accounting firm in the U.S., and the 15th largest in the New York area. Its headquarters are in Manhattan. Additional offices are in Westchester, Long Island and the Cayman Islands.

About the PCAOB

The Public Company Accounting Oversight Board (PCAOB) is a private, nonprofit corporation created by the Sarbanes-Oxley Act of 2002 to oversee the auditors of public companies. The PCAOB was created to protect investors and the public interest by promoting informative, fair, and independent audit reports.

Contact:
Adria Greenberg
Sommerfield Communications, Inc.
212-255-8386
adria@sommerfield.com