FOR IMMEDIATE RELEASE
February 1, 2002
Contact: Diane M. Coyle
(215) 441-4600, ext. 114

INTRO: Kreischer, Miller & Co. announces new management roles.

New Managing Director Elected to Lead Kreischer, Miller & Co.

Kreischer, Miller & Co. (“KM&Co.”), a regional accounting and consulting firm, announces the election of Stephen W. Christian to the position of Managing Director, effective February 1, 2002. Mr. Christian succeeds Jack Kreischer, founder of the firm. Mr. Kreischer will direct his skills and efforts toward the challenge of establishing new business initiatives within the firm, in addition to continuing to serve clients. John O. Heck will succeed Mr. Christian as head of the General Services Group.

Most recently, Mr. Christian was the Director in charge of the firm’s General Services Group, which provides professional, timely and personalized accounting, auditing and other assurance services to our clients. Prior to joining KM&Co. in 1985, he was a member of the management group of Price Waterhouse in Philadelphia. Mr. Christian graduated from Wake Forest University and obtained his MBA from the University of Pittsburgh. In his new role of Managing Director, Mr. Christian will, in addition to serving clients, be responsible for managing the growth of KM&Co., developing the firm’s vision and overseeing the operations of the firm.

Mr. Christian states, “Under Jack Kreischer’s leadership during the past 27 years, we have created one of the most successful professional service firms in the Delaware Valley. The opportunities available to Kreischer Miller in this market are outstanding. I look forward to the opportunity to lead a group of enthusiastic, bright professionals that are driven to provide our clients with a full array of value-added services.”