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THREE NEW PARTNERS APPOINTED AT GREENSTEIN, ROGOFF, OLSEN & CO.

Bay Area CPA firm’s explosive growth prompts elevation of three Directors to Partner status

FREMONT, California, June 27, 2007 – Greenstein, Rogoff, Olsen & Co. LLP, one of the Bay Area’s top CPA firms, has announced the promotion to Partner of Steven M. Singer, Hal H. Friedman, and Ronald H. Cohen. Each was previously a Director with the firm.

“It is extremely exciting to witness the more than thirty percent growth we’ve experienced so far this year,” said Alan Olsen, Managing Partner at Greenstein, Rogoff, Olsen & Co. “It’s truly a testimony to the hard work of our dedicated people; especially these three talented men. Their promotion to Partner provides the firm with the additional leadership we need to both grow our business and expand into larger markets.”

New PartnersSteve Singer joined Greenstein, Rogoff, Olsen & Co. in 2003 and has more than 26 years of experience in venture and corporate finance, mergers and acquisitions, high net worth individual, corporate and partnership taxation and strategic planning. Prior to joining the firm, Steve was VP of Finance at a Silicon Valley software firm and has served as CFO for numerous other high tech firms. Steve has served a variety of industries including Venture Capital, venture backed technology companies and wholesale distribution and manufacturing. Steve lives in Oakland and graduated from UC Berkeley and holds his MS in Taxation from Golden Gate University.

Hal Friedman has been a Director with Greenstein, Rogoff, Olsen & Co. since 1991 and has worked as an attorney and tax professional in Silicon Valley for the past 24 years. Hal’s background includes experience in all areas of taxation including closely held corporation and their shareholders, individuals, expatriates and non-resident aliens, and professional practices. Hal resides in Portola Valley.

Ron Cohen joined Greenstein, Rogoff, Olsen & Co. in November 2006 and has more than 25 years of experience in public accounting. Ron has extensive knowledge in international tax issues and has traveled extensively throughout Europe and Asia managing tax issues for his clients. Prior to joining the firm, Ron ran his own private tax practice and also served as a tax director for a company with assets in excess of $2 billion. Ron lives in Fremont.

Greenstein, Rogoff, Olsen & Co. has 34 staff in the Bay Area operating from offices in Fremont, Palo Alto, and San Francisco.

About Greenstein Rogoff Olsen & Co., LLP

Greenstein Rogoff Olsen & Co. are the CPAs for Silicon Valley's most successful people. Consistently ranked as one of the top accounting firms in the San Francisco Bay Area, Greenstein, Rogoff, Olsen & Co is a full service CPA firm providing accounting, tax, financial, and strategic planning for the highly successful. In business since 1964, GROCO has offices in Fremont, Palo Alto and San Francisco, California. We provide consulting services to high net-worth individuals and closely held businesses and have special expertise in providing accounting services to the leading Venture Capital partners in the Silicon Valley.

Our primary services include income tax planning, income tax preparation, strategic business consulting, business valuations, bill paying, estate planning, estate administration, trustee services, and financial statement preparation. Our clients have participated in building companies like Google, Skype, America Online, Oracle, Sun Microsystems, Compaq, Macromedia, Ebay, and Genentech. Access www.groco.com for more information.

GROCO: Trusted Advisors to the Highly Successful - Since 1964.

FOR IMMEDIATE RELEASE
Media Contact:
Dennis Wolfe
P: 510.797.8661
F: 510.797.1791
dwolfe@groco.com

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