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


Israeloff Trattner To Merge In Bloom & Co.

NEW YORK, NY, April 17, 2007 -- Israeloff, Trattner & Co., CPAs, PC has strengthened its prominence in the New York Metropolitan area by merging in the accounting and tax practice of Bloom & Co., LLP. The merger, effective April 1, 2007, will increase the firm's annual billings, and adds a number of companies in the governmental and not-for profit, legal, retail jewelry, and premium and incentive markets. The combined firm will operate under the Israeloff, Trattner & Co. name.

Bloom & Co., LLP had a presence in the accounting industry for over 40 years. Steven Bloom passed away in January 2007. Five members of the accounting staff of Bloom & Co. will be relocating to Israeloff, Trattner's Garden City office by May 1, 2007.

Israeloff, Trattner & Co. has grown to become one of the region's leading certified public accounting, financial and management consulting firms, with offices in Garden City and Manhattan. "We have successfully merged in a number of firms over our 70 years. Our clients value our commitment to developing the relationships based on trust, expertise and timely service" said Michael J. Garibaldi, CPA/ABV, President and CEO of the firm. "The Bloom & Co. practice will strengthen our not-for-profit, government and municipal practice, and further enhance our expertise with closely held companies," stated Richard A. Mills, CPA, the Officer in charge of the Firm's Government, Municipal and Not-For-Profit practice.

"I am proud to be able to combine our firm's services with those of Israeloff, Trattner's," said Susan Bloom, a Bloom & Co. spokesperson. "By merging with a larger firm, we will be able to offer our clients additional services, and more extensive coverage."

Israeloff, Trattner & Co., CPAs, PC 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. For more information, call or write Israeloff, Trattner & Co., CPAs, 1225 Franklin Avenue, Garden City, 11530, 516-240-3300, or visit the firm's web site at www.israeloff.com.

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