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LEADING BAY AREA CPA FIRM GREENSTEIN ROGOFF OLSEN & CO. AND RONALD G. BOYER ACCOUNTANCY CORPORATION TO MERGE

GROCO doubles size of Danville Office, plans for further firm-wide expansion

DANVILLE, Calif., August 14, 2009 - Greenstein Rogoff Olsen & Co., LLP (GROCO) and Ronald G. Boyer, Accountancy Corporation, Walnut Creek, have announced plans to merge on August 14, 2009. The deal will strengthen both firms’ abilities to provide full accounting and tax services to their clients. Ron Boyer and his four-person team will join GROCO in the firm’s Danville, Calif., office, doubling the size of that location.

“By further deepening GROCO’s bench with talented professionals from Ronald G. Boyer Accountancy Corporation, we underscore our firm’s commitment to providing the highest level of service to our growing clientele throughout the Bay Area,” says Alan Olsen, GROCO’s Managing Partner. “We are growing in this challenging time to ensure our clients have access to a wide range of financial expertise to help manage and protect their wealth.”

“Merging with GROCO opens up many opportunities for both our clients and employees,” says Ron Boyer. “Our clients will now have access to an even broader range of knowledge and technical skills. In addition, our employees will receive greater training and professional development and enjoy more opportunities to advance and grow in their careers.”

Boyer brings more than 30 years of experience in estate, fiduciary, business and individual taxation. As both a Certified Public Accountant (CPA) and Certified Valuation Analyst (CVA), Boyer provides tax and consulting services to individuals and businesses involved in mergers, acquisitions, estate and financial planning, trust and court accounting, and business valuations. He serves as an expert witness in litigation pertaining to tax issues and lost income measurements.

“Ron Boyer and his staff are a perfect fit for GROCO. Their knowledge and years of experience will only enhance the services we provide,” says Olsen.

He adds, “This merger is an important step for GROCO, and we are excited about our growth track. We have plans to expand our firm even further in the near future.”

Established in 1964, GROCO is a premier, San Francisco Bay Area-based, full-service CPA firm serving some of the most successful entrepreneurs in the world. The firm currently has 48 employees and four offices in the Bay Area, and is the fifth largest accounting firm in the East Bay, according to the San Francisco Business Times.

For more information about GROCO and its services, please visit www.groco.com.

About Greenstein Rogoff Olsen & Co., LLP, CPAs

Since 1964, Greenstein Rogoff Olsen & Co. has been trusted advisors to the highly successful in the Greater Bay Area. A full-service CPA firm, GROCO provides accounting, tax, financial, wealth preservation, and strategic planning support. Consistently ranked as one of the Top Accounting Firms in the San Francisco Bay Area, it has been recognized nationally as one of the Best-Managed CPA Firms in the U.S., Best Financial Planning Firms in the U.S., Fastest-Growing Companies and Best Place to Work in the Bay Area.

With offices in Fremont, Danville, Palo Alto, and San Francisco, GROCO specializes in accounting and consulting services to leading Venture Capital partners and emerging companies in the Silicon Valley. Expert services include income tax planning, income tax preparation, strategic business consulting, business valuations, bill paying, estate planning, estate administration, trustee services, financial statement preparation, and much more.

Offices:
39159 Paseo Padre Pkwy, Ste 315, Fremont, CA 94538
370 Diablo Rd, Ste 103, Danville, CA 94526
2479 E. Bayshore Rd, Ste 700, Palo Alto, CA 94303
50 California St, Ste 1500, San Francisco, CA 94111

Phone: 510.797.8661 = Fax: 510.797.1791 = www.groco.com

Media Contact:
--------------------
Rebecca Seipert
P: 510.797.8661
F: 510.797.1791
rseipert@groco.com

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