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CED Board Re-elects HPG Partner for Third Term

RALEIGH, N.C. (June 23, 2010)  Hughes Pittman & Gupton, LLP (www.hpg.com), the largest CPA firm headquartered and staffed in the Research Triangle Park region of North Carolina, announces today that partner Brooks Malone has been re-elected to serve a third consecutive two-year term on the CED board of directors. Malone currently serves on the organization’s development and audit committees.

“Brooks is an invaluable member of our board,” says CED president Joan Siefert Rose. “His dedication, insight and guidance continue to help us promote our mission for entrepreneurial growth.”

Malone has more than 20 years of public accounting experience. He has been with HPG since 1990, becoming partner in 1997. Malone co-leads the HPG knowledge-based industries practice team and concentrates on financial reporting, business consulting and financial planning for the firm.

“Working with such a distinguished group of industry leaders is a rewarding process,” says Malone. “I am eager to begin my third term with the CED and help drive the entrepreneurial spirit in the area.”

Consistently going above and beyond his expected role, Malone has been honored with the CED’s Outstanding Service to Entrepreneurs Award in 2008, was the winner of the Board Membership Drive in 2008 and was the winner of the Board Sponsorship Drive in 2007.

HPG and its team members have a long history of active involvement with the CED that includes sponsorship and committee participation for various CED initiatives. The firm is sponsoring all 2010 CED events including: Companies to Watch, Venture 2010, the CAFE program, the STREAK series, Biotech Forum, the Board Lunch series and the Leadership series.

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. 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. HPG is a member of CPAmerica International and affiliated with the Horwath alliances of firms, with offices worldwide. The firm leverages this to provide national and global accounting resources to its clients. 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 organizations, healthcare services, real estate development, manufacturing and distribution businesses, as well as providing ERISA audits, family wealthcare services and Sarbanes-Oxley internal audit services.

HPG has remained committed to advancing a thriving Triangle community since its founding in 1983. In recognition, the firm is the recipient of two Pinnacle Business Awards by the Greater Raleigh Chamber of Commerce; the 2009 Large Entrepreneurial Business Award and the 2010 Integrity in Business Award. Several HPG partners are also the recipients of excellence awards, including the CED Outstanding Service and Entrepreneurial awards, Business Leader Magazine’s Impact Financial Leader and Dealmaker recognitions, and the Triangle Business Journal’s 40 Under 40 and Women in Business awards. Visit www.hpg.com of follow HPG on Twitter at http://twitter.com/HPGcpas.