Elliott Davis, LLC Associate Honored by Industry Organization

May 22, 2008

Director of Business Services Nancy Grigsby Receives Payroll Citation of Merit for Third Consecutive Year

GREENWOOD, SC – May 22, 2008 –Elliott Davis LLC, one of the largest accounting and business advisory firms in the Southeast, announced that Nancy Grigsby, director of business services for its Greenwood office, has received the prestigious Payroll Citation of Merit from the American Payroll Association (APA) for the third consecutive year.

The Payroll Citation of Merit recognizes outstanding volunteer participation in Association activities. It was presented to Grigsby during the American Payroll Association’s 26th Annual Congress May 13 – 17, 2008 at the Austin Convention Center in Austin, TX.

Grigsby was honored for her significant contributions to the payroll profession through her participation on APA’s Paytrain Learning System Advisory Committee and Hotline Referral Service. Last year, Grigsby was also inducted into the APA’s Hall of Fame as a result of her honors which include: recipient of the Payroll Citation of Merit award in 2006, the APA Meritorious Service Award in 2005, and the South Carolina Payroll Professional of the Year in 2000.

“My involvement in the American Payroll Association has not only been instrumental in fostering my growth in the industry, but it has been a rewarding outlet for me to give back to the industry by serving as a source of knowledge to my colleagues,” said Grigsby.

Grigsby, who joined Elliott Davis in 1976, has been an active member of the South Carolina APA (SCAPA) for thirteen years and currently is the first president of the newly-formed Western Piedmont Chapter of the APA. She served as past president of the SCAPA in 1999 and 2000.

This award is reflective of Nancy’s commitment to maintain her competency at the highest level. We appreciate the pride and attention to quality client service she demonstrates every day,” said Elliott Davis Shareholder Jim Hazel.

About Elliott Davis, LLC

Since 1925, Elliott Davis has been the accounting and business advisory firm that improves the financial management of emerging and middle market clients by offering a comprehensive array of accounting and business advisory services. Today, Elliott Davis is one of the largest accounting and business advisory firms in the Southeast, and among the top five companies awarded as “2007 Best Places to Work in South Carolina.” The firm has also been selected as one of the Top 15 Southeast Firms by a leading accounting publication. With 46 shareholders, Elliott Davis has nearly 400 employees in 10 offices throughout the Southeast. Elliott Davis’ affiliates include Elliott Davis Capital Partners, LLC, a regional investment banking firm; Elliott Davis Technology Solutions, LLC, a leading full-service network integration and security provider; Elliott Davis Wealth Management Services, LLC, which helps individuals achieve personal financial goals by providing planning, investment, insurance and brokerage services; and Retirement Plan Advantage, LLC, providing a broad range of qualified retirement plan services. The firm is a member of The Leading Edge Alliance, an international professional association of independently-owned accounting and consulting firms based in the U.S., and is strategically aligned with LEA Europe and LEA Asia Pacific, a worldwide network of 300 offices in 80 countries around the globe. For more information about Elliott Davis and its services, visit www.elliottdavis.com.



Established in 1982, the American Payroll Association (APA), headquartered in San Antonio, TX, is the nation’s leader in payroll education, training, and publications. The nonprofit association conducts more than 300 payroll education conferences and seminars across the country each year and publishes a complete library of resource texts and newsletters. Every year, nearly 18,000 professionals attend APA training sessions. Representing over 22,000 members, APA is the industry’s highly respected, collective voice in Washington, DC. APA members enjoy wide-ranging benefits that support their needs for updated compliance information and professional development. The South Carolina Chapter of the American Payroll Association (SCAPA) was founded in November 1987 and has enjoyed a continually growing membership since that time. Currently the chapter has 140 members. The Western Piedmont chapter of the American Payroll Association (WPAPA) was founded in 2006 and the chapter currently has 35 members.