SOURCE: Financial Leadership Group

March 23, 2005 12:00 ET

Financial Leadership Group Expands Team

FLG's CFO-Level Consultants Are Sought by Top Bay Area Companies

SAN MATEO, CA -- (MARKET WIRE) -- March 23, 2005 -- Financial Leadership Group, LLC (www.flgllc.com), an emerging, principal-only consulting firm, announced today the addition of Jonathan R. Wolter and Eric J. Hall, both of whom have begun assignments with leading companies in the San Francisco Bay Area.

Founded in 2004, FLG provides financial and operational guidance to client companies from funded startups to mid-size, public companies. Providing financial expertise on a range of current issues, including Sarbanes-Oxley compliance, the firm's members all have CFO credentials and an average of over 20 years' experience. Interim or long-term assignments as consultants or employed officers are initiated efficiently and quickly.

"We provide client companies with on-demand, 'C-level' expertise that cuts across a broad range of key financial and operational functions," said Jeffrey S. Kuhn, co-founder and managing principal of FLG. "Jonathan and Eric are great examples of our principals delivering executive-level, 'hands-on' services to growing, dynamic companies. Whether retained by the board, the CEO, an investor or a lender, we are a strategic resource for improving financial performance, operations and overall judgment at virtually every level in the enterprise.

"We are very pleased to welcome Jonathan and Eric as members of the firm and to our growing portfolio of excellent talent. Both have outstanding financial backgrounds that will serve our clients well."

Mr. Wolter serves as CFO of Neurobiological Technologies Inc., a Richmond, Calif.-based biotechnology company engaged in the business of acquiring and developing central nervous systems related drug candidates. Previously, he served other leading companies, including BearingPoint, Exponent, Inc., First Republic Bancorp., and Arthur Andersen & Co.

Mr. Hall is presently consulting CFO for SNOCAP Inc., the first end-to-end provider of licensing and copyright-management services for the digital music marketplace. SNOCAP is backed by Morgenthaler Ventures and WaldenVC. Mr. Hall has a long career of providing COO and CFO consulting services to leading technology companies and investment firms, including Yahoo!; Kleiner, Perkins, Caufield & Byers; Microsoft; and Viacom.

FLG applies best practices across a broad range of core requirements, including business planning and execution; troubled-company turnarounds and restructurings; financings; SEC reporting and other compliance issues; corporate governance; and mergers, acquisitions and divestitures.

About Financial Leadership Group

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

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