FOR IMMEDIATE RELEASE

For further information:

Fran Lombardo

Marketing Coordinator, Haefele , Flanagan & Co., p.c.

P.O. Box 471 , Moorestown , NJ 08057

(856) 722-5300 ext. 209

www.hfco.com

HAEFELE, FLANAGAN & CO., P.C.

ATTAINS HIGHEST LEVEL OF PEER REVIEW APPROVAL

 

MOORESTOWN, NEW JERSEY, July 18, 2007 -- HAEFELE, FLANAGAN & CO., P.C., a certified public accounting and consulting firm, recently received the highest possible rating in the latest peer review of its accounting and assurance practice conducted by the Center for Public Company Audit Firms, affiliated with the American Institute of Certified Public Accountants (AICPA).

 For its sixth consecutive time, Haefele Flanagan is recognized as complying with the stringent quality control standards established by the AICPA. The firm received an unqualified opinion with no letter of comments, which is the highest level of assurance that a firm can receive on its system of quality control. Haefele Flanagan's participation in the peer review program demonstrates the firm's commitment to maintaining the highest standards of quality and professionalism in the services they provide.

 The peer review program is based on an independent review of a CPA firm's quality control systems every three years and includes an objective of monitoring their adherence to professional standards. In announcing the firm's recognition, Managing Partner, Thomas P. Fee, Jr. noted "Haefele Flanagan contributes its sixth consecutive successful peer review to the high quality standards, dedication and commitment held by our firm and each of our professionals."

 Haefele Flanagan & Co., p.c., founded in 1967, is a full service certified public accounting and consulting firm. The firm provides a full range of accounting, assurance, tax, and consulting services to both private and public companies in varied industries. In addition to being a member of the AICPA Center for Audit Quality, the firm is also a PCAOB registered firm, a member of the NJSCPA, the PICPA, and CPA Associates International Inc., an association of independent certified and chartered accounting firms with 124 members worldwide. Through CPA Associates, the firm has the ability to draw on an international network of firms to best serve their clients' needs.

 

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