NEWS RELEASE Contact Person: Lisa B. Waterman
    Director of Marketing
FOR IMMEDIATE RELEASE Phone: 516-872-3300
  Fax: 516-872-3128
  E-mail: marketing@israeloff.com


DE FRANCISCO ADMITTED AS AN OFFICER

VALLEY STREAM, NY, January 5, 2002 – Israeloff, Trattner & Co., CPAs, PC, one of the region’s leading certified public accounting, financial and management consulting firms is pleased to announce the admission of Carla DeFrancisco, CPA, as an officer in the firm, effective January 1, 2002.

A resident of Smithtown, New York, Ms. DeFrancisco holds a Bachelors of Science degree from C.W. Post Center of Long Island University, School of Professional Accountancy. She has held a number of positions since joining the Firm in 1990, most recently as Director of Municipal and Not-For-Profit Accounting, a practice area where she has developed an extensive expertise.

“Given the Firm’s solid growth, this is one of the means by which we’ll be strengthening our organization, and reinforcing our commitment to our clients,” said President and Chief Executive Officer Michael J. Garibaldi, CPA/ABV. “Carla’s experience and exceptionally strong background provide an ideal base from which to service our clients. She will be a valued addition to our management team”

Ms. De Francisco is a member of the American Institute of Certified Public Accountant (AICPA), the New York State Society of CPAs (NYSSCPA), and is a past or present member of a number of committees for these organizations. In addition, Ms. DeFrancisco is a member of the National Association of Mothers’ Centers Corporate Committee, and the Sisters of St. Dominick Dominican Gala Committee.

Israeloff, Trattner & Co., P.C. is one of the region’s leading certified public accounting, financial and management consulting firms with offices in Manhattan, Valley Stream, and Hauppauge, New York. Affiliated offices are located around the world. Israeloff, Trattner & Co. offers a wide range of services including accounting, auditing, business valuation, income tax consultation and preparation, litigation support, merger and acquisition consulting, management consultation, financial and estate planning.

For more information, call or write Israeloff, Trattner & Co., P.C., 11 Sunrise Plaza, Valley Stream, NY 11580, 516-872-3300, or visit the web site at www.israeloff.com.

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