NEWS RELEASE Contact Person: Lisa B. Waterman
    Director of Marketing
FOR IMMEDIATE RELEASE Phone: 516-240-3300
  Fax: 516-240-3310
  E-mail: waterman@israeloff.com


GARIBALDI NAMED TO LIBN WHO'S WHO IN ACCOUNTING

GARDEN CITY, NY, July 27, 2006 -- Michael J. Garibaldi, CPA/ABV has been named to Long Island Business News list of Who's Who In Accounting. Garibaldi is President and chief executive officer of Israeloff, Trattner & Co., CPAs, PC, and the officer in charge of the firms Forensic Accounting, Law Firm Services, Litigation Support and Valuation Consulting Group.

Michael Garibaldi is responsible for the firm's strategic planning and overall firm policy decisions. He is also responsible for client contact, development and satisfaction in providing the firm's broad range of services. As the officer in charge of the firm's Forensic Accounting, Law Firm Services, Litigation Support and Valuation Consulting Group, he specializes in assisting attorneys and their clients with the financial aspects of a case throughout the litigation process, from contemplation of action through expert witness testimony.

His areas of expertise include the valuation of closely held businesses in the context of a marital dissolution, shareholder or partner dissolution/oppression actions, bankruptcy, personal injury, wrongful death or termination, business loss, embezzlement and fraud.
When asked about the tools necessary to create a sustainable business, Garibaldi replied "In order to create a sustainable business, a company must be able to continually balance the economic growth of the business, its position within the fabric of the community and its impact on the community itself." He continued, "It is imperative to create a business plan and budget, ensure that there is sufficient cash flow to operate the business and make sure the company makes a positive contribution to society and the environment. When all of these things are accomplished, it has a positive impact on shareholder value."
A business valuation and forensic accounting specialist, Garibaldi works closely with law firms and other professional practices, closely held businesses, retail chains, and large multi-million dollar real estate groups where he is responsible for providing accounting and management consulting services, business valuations, tax planning and financial reporting.

Garibaldi qualifies as an expert witness on valuation matters in New York Supreme, Nassau Supreme, Suffolk Supreme, Kings Supreme and Westchester Supreme courts and has been called upon by the courts to serve as a neutral expert.

Garibaldi is a candidate member of the American Society of Appraisers; member of the Institute of Business Appraisers; and president-elect and member of the board of directors of the Nassau Chapter of the NYS Society of Certified Public Accountants. He is also a member of the Long Island Chapter of The American Society of Appraisers and the American Institute of Certified Public Accountants, NYSSCPA and the Association of Certified Fraud Examiners.

Israeloff, Trattner & Co., CPAs, PC is one of the region's leading certified public accounting, financial and management consulting firms with offices located in Garden City and Manhattan. The Firm provides a wide range of services for individuals and businesses in a number of industries. Their many services include accounting and auditing, forensic accounting, fraud engagements, business, professional practice and license valuations, domestic and international tax planning and compliance, merger and acquisition consulting, management consultation, technology, human resources and marketing consulting, financial and estate planning. Affiliated offices are located around the world.

For more information, call or write Israeloff, Trattner & Co., P.C., 1225 Franklin Avenue, Garden City, NY 11530, 516-240-3300, or visit the web site at www.israeloff.com.

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