KAWG&F Accounting and Consulting Firm Welcomes Siebert Kullman Through Merger July 31, 2007 Baltimore, MD (July 31, 2007) – Regional accounting and consulting firm Katz, Abosch, Windesheim, Gershman & Freedman, P.A. (KAWG&F) is pleased to announce that Annapolis-based Siebert Kullman, P.A. has merged with the firm. Founded in 1981, Siebert Kullman provides accounting, tax and audit services for clients in the Anne Arundel County area as well as on Maryland’s Eastern Shore. Established in 1969, KAWG&F provides tax, accounting and audit services for clients in a variety of industries, as well as not-for-profit organizations. With three offices located in Baltimore County (Timonium), Howard County (Columbia) and Harford County (Bel Air), the addition of a new office in Anne Arundel County (Annapolis), expands the firm’s regional capabilities. KAWG&F is a founding member of the Leading Edge Alliance, a global consortium of independently owned accounting and consulting firms that share an entrepreneurial spirit and a drive to be the premier providers of professional services in their chosen markets. In 2005, Practical Accountant Magazine recognized KAWG&F with its annual “Practice Innovation Award” for the implementation of cutting edge technologies that bolster client service and improve efficiencies. KAWG&F president and chief executive officer, Alvin D. Katz, CPA, commented, “We are very pleased to have Siebert Kullman join KAWG&F. The merger enables us to expand our services in Anne Arundel County as well as Maryland’s Eastern Shore. KAWG&F will continue to build niche specialization in the areas of construction and real estate services, medical practices, bioscience, and business valuations, as well as tax planning and preparation, estate planning and administration, auditing and outsourcing.” With a staff of 100 professionals, including more than 65 certified public accountants, the merged firm will continue to provide the superior quality service and expertise that clients of both firms are accustomed to. “Merging with KAWG&F is a good fit for Siebert Kullman,” stated Steve Kullman, of Siebert Kullman. “When Craig Siebert founded the firm more than 25 years ago, he was committed to providing clients with outstanding service and continually expanding expertise. We are all very pleased to join the talented team at KAWG&F and look forward to continuing to provide exceptional service for our clients.” The merger of KAWG&F and Siebert Kullman became effective December 14, 2006.