NaviscentGroup Expands Office Locations and Expertise

Navigating your Ascent™ Throughout the Carolinas and Beyond

CHARLOTTE, NC – October 28, 2008 – NaviscentGroup, provider of CFO & Controller Services, Transaction Support and Turnaround Guidance, has launched practices in both Greenville, SC and Raleigh/Durham, NC to serve growing client needs in those areas. The Charlotte-based firm has also enhanced its team with Pam Clark, whose expertise is focused on real estate. The firm is experiencing rapid growth as small and mid-sized companies recognize the value of utilizing NaviscentGroup’s fractional-use financial management expertise.

“As more companies are forced to consider non-traditional alternatives for operating with a leaner staff and a leaner budget, we are ready to assist them with our high-impact expertise,” comments Paul Schmidt, Managing Partner for NaviscentGroup.

“As interest grows in our service model, more and more companies are reaching out to us,” comments Lonnie Lempert, Director in the firm’s Raleigh office. “The expertise and passion for developing core financial stability that we bring into client environments enables management to focus on products, operations, sales and marketing.”

“Today’s economic conditions and industry challenges have created a need within the real estate sector for the level of expertise that NaviscentGroup provides” comments Pam Clark, NaviscentGroup Director and leader of the firm’s real estate practice. “Several levels of expertise are often required to adequately and appropriately meet client needs and NaviscentGroup’s depth and flexible options accomplish this.” With more than 20 years of real estate experience, Ms. Clark guides clients in the real estate sector, navigating the best course during challenging situations.

Throughout the Carolinas region, clients have access to unique and specialized expertise as part of the diverse service offering available from the NaviscentGroup.

The Raleigh/Durham and Greenville/Spartanburg regions have access to the expertise that Messrs. Lempert and Andy Thrower, NaviscentGroup’s Partner in the Greenville office, bring to their practices. Mr. Lempert has diverse experience in mergers and acquisitions, business analysis, divestitures, business planning and cash management. Mr. Thrower offers over thirty years of experience in senior financial positions and expertise in international manufacturing and distribution in the public and private sectors. He is also a member and Agenda Committee Chairman of the Small Business Advisory Committee of the Financial Accounting Standards Board (FASB), and is currently serving a four-year term on the Financial Accounting Standards Advisory Council (FASAC).

“We’ve been pleased with the responses in Greenville/Spartanburg,” adds Mr. Thrower. ” Executive teams and boards are interested in outsourced resources and fractional service models because of the value and the level of expertise they bring to their companies.”

Charlotte office: Paul Schmidt schmidt@naviscentgroup.com (p)704-506-1133
Raleigh/Durham office: Lonnie Lempert lempert@naviscentgroup.com (p)919-247-2411
Greenville/Spartanburg office: Andy Thrower thrower@naviscentgroup.com (p)864-630-0106
Media Contacts:
Jill Purdy purdy@naviscentgroup.com 704-236-2501
Ed Sanz sanz@naviscentgroup.com 704-578-8088
www.naviscentgroup.com
ABOUT NAVISCENTGROUP

NaviscentGroup provides integrated strategic finance solutions that help both early-stage and established middle-market organizations reach their growth potential. NaviscentGroup’s highly-experienced finance, accounting and investment banking professionals are intimately involved in the intricacies of growing, high-energy environments and have a thorough understanding of what it takes to succeed.

NaviscentGroup offers a fractional-use model that enables its experts to become intimately familiar with your business to guide your organization down the optimal growth path. As a part-time resource, NaviscentGroup is an unbiased and trustworthy partner that commits for the duration with a full-time passion for success. NaviscentGroup has the passion, knowledge and expertise to deliver the optimal impact for growing companies looking to build value. Guiding Forward. Growing Upward.
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