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Calvetti, Ferguson & Wagner, P.C. Announces New Partner, Kevin Chesser

Houston, November 6, 2006Calvetti, Ferguson & Wagner, P.C. (CF&W), a full-service public accounting and business advisory firm, is pleased to announce that Kevin Chesser has joined as partner of the firm effective November 1, 2006. Kevin will lead the firm’s Audit practice and will also play a key role in the firm’s Public Company Consulting practice, providing technical accounting consulting services to SEC registrants.

Chesser comes to CF&W from Sterling Bancshares where he served as Senior Vice President and Controller. At Sterling, Chesser managed the financial accounting, reporting and control processes and participated as a member of the senior financial management team developing and executing strategies to improve financial metrics and trends. He also played a strategic role in due diligence, structuring and integration of bank acquisitions.

Previously, Chesser served as a Senior Audit Manager with Deloitte & Touche LLP. During his 11 years at the firm, Chesser provided auditing and advisory services including mergers & acquisitions structuring and due diligence, compensation planning and tax planning assistance to clients in the financial services, manufacturing and oilfield services industries. Chesser is a CPA and a graduate of Lamar University.

"We are excited to add Kevin to our team," said Jim Calvetti, Partner of CF&W. "He brings a wealth of current technical accounting and auditing knowledge to the firm, as well as significant banking and financial services experience. The fact he has spent time in industry means he can see things from our clients’ perspective."

About Calvetti, Ferguson & Wagner, P.C.

Calvetti, Ferguson & Wagner, P.C. is a rapidly growing, Houston-based certified public accounting and consulting firm that serves both private and public companies. The firm sets itself apart in the middle market by providing national and international experience while offering personal partner attention to each client. To learn more about CF&W, visit them at www.cfw-cpa.com.

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CERTIFIED PUBLIC ACCOUNTANTS AND BUSINESS ADVISORS

Calvetti, Ferguson & Wagner, P.C. - 13105 Northwest Freeway, Suite 1250 - Houston, TX 77040
Phone 713.957.2300 - Fax 713.895.9393 - general@cfw-cpa.com