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Brooks Malone Wins CED Award

RALEIGH, NC (June 11th, 2008) – Hughes Pittman & Gupton, LLP (HPG), the largest locally owned and managed certified public accounting firm in the Triangle, today announced that partner Brooks Malone was honored with the Council for Entrepreneurial Development’s 2008 Outstanding Service to Entrepreneurs award. The award was given by Ryan Allis, CEO of iContact Corporation (iContact). Ryan is well known nationally as one of the “Top 25 Entrepreneurs Under 25” by Business Week and a successful author. iContact received the Growth Company of the Year award earlier in the evening.

“One of our major goals at HPG is to give our outstanding people an opportunity to grow professionally and contribute to the entrepreneurial community. I felt like achievement of this goal was recognized publicly with Brooks’ much deserved award,” said Tim Gupton, HPG partner and former CED Chairman of the Board. “I felt like the baton has been passed to a new generation, so it was very meaningful to me personally.” HPG advises owner-managed, investor-backed and public companies. We partner with the ownership team to define a successful relationship and develop a plan to meet their needs.

Brooks has 19 years experience, having joined HPG in 1990 and was formerly with McGladrey & Pullen in Raleigh. He heads up the Knowledge-Based-Industries practice group at HPG that serves investor-backed life science, medical-device, and information-technology companies. Brooks currently serves on the Board of Directors of the Council for Entrepreneurial Development (“CED”) and has been a CED FastTrac Tech Instructor and Duke Start-Up Business Plan Judge for many years. Brooks is also a listed contributor to the National FastTrac Tech Curriculum that was funded by the Kauffman Foundation. Brooks was named one of the 40 Under 40 in May 2005 by the Triangle Business Journal.

About Hughes Pittman & Gupton, LLP (HPG):

HPG is the largest CPA firm headquartered and staffed in the Research Triangle Park region of North Carolina, as ranked by the Triangle Business Journal. Furthermore, Business Leader magazine ranked HPG as the fifth most successful small business in North Carolina in 2008. HPG is able to provide national and global accounting resources to its clients through the CPAmerica firm network of 701 offices worldwide. HPG offers a wide array of business accounting, auditing, corporate tax, and management advisory services. Specialties include serving owner-managed, investor-backed technology and life science, healthcare services, real estate development, manufacturing and distribution businesses, and providing ERISA audits, family wealthcare services and Sarbanes-Oxley internal audit services. More than just an accounting firm, HPG assists clients in looking beyond the bottom line by being the right people, right value and right firm to achieve each client’s definition of success. Visit www.hpg.com.