SOURCE: FLG Partners, LLC

April 21, 2008 12:00 ET

Financial Leadership Group Changes Name, Appoints Advisory Board

PALO ALTO, CA--(Marketwire - April 21, 2008) - Financial Leadership Group, LLC today announced that it has changed its name to FLG Partners, LLC and that FLG's offices have relocated to Palo Alto, CA.

"FLG has become the destination practice for CFO leadership and board advisory services in Northern California, and we think our new name is more appropriate for our unique model," said Jeffrey Kuhn, co-founder and a managing partner of FLG. "No other firm does what we do in the way we do it, and the growth of FLG and the diversity and number of clients are a direct result of that. Being a partner to each other and to our clients is our core mission."

Separately, FLG announced that it has established an advisory board, comprised of:

--  William Leimbach, recently retired FLG partner and retired audit
    partner at Deloitte & Touche, where he was a designated Sarbanes-Oxley
    Section 404 "expert" and focused on audit of internal controls for
    financial reporting;
--  Joseph T. Rodgers, retired Executive Vice President & CFO of Quantum
    Corp., a multi-billion dollar disk drive manufacturer, and prior thereto at
    Braegen Corp., Plantronics Corp., Consolidated Video Systems and
    PriceWaterhouse; and,
--  John Hagedorn, a veteran Silicon Valley financial executive who served
    as CFO for Premisys Communications, C-Cube Microsystems, IC Works, and Data
    I/O.  John began his technology career in 1983 at Intel where he was
    Controller of the Components Group, Director of Operational Planning and
    Director of F&A and CFO for Intel Europe. Since retiring from full time CFO
    work in 2000, he has managed financial projects for 33 young technology
    companies.
    

"FLG is by far the most impressive CFO consulting firm that I know and I have worked with most of its competitors in Silicon Valley for many years," says Hagedorn. "I have been very impressed with the breadth and depth of financial services they are delivering and the importance of complex strategic problems they are solving for a wide variety of companies."

Co-founding Partner Connie K. Cahlil states, "As we continue to build upon FLG's unique position as the pre-eminent CFO firm in Northern California, we are pleased and honored to establish the firm's Advisory Board with three individuals whose careers exemplify the unique blend of expertise, experience, commitment, and vision that we as Partners bring to our clients."

About FLG Partners, LLC

Founded in 2004, FLG Partners (www.flgpartners.com) provides financial and operational leadership to companies ranging from funded startups to mid-size, public companies across many sectors. The firm's partners, each with long CFO credentials, execute interim or permanent assignments in operating roles that vary from consulting engagements to employed corporate officer. Averaging nearly 20 years of CFO experience each, FLG's partners bring substantial expertise, objectivity and industry best-practices leadership to key transactional and operating challenges, including business planning and execution; financings; SEC reporting and compliance; mergers, acquisitions and divestitures; and troubled-company turnarounds and restructurings.

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