Elliott Davis, LLC Elects Richard E. Davis as Firm's Managing Shareholder

June 19, 2008

COLUMBIA, SC – June 19, 2008 – The Shareholders of Elliott Davis LLC, one of the largest accounting and business advisory firms in the Southeast, have announced the election of Richard E. (Rick) Davis as the firm’s Managing Shareholder.

Davis, who served previously as one of two Regional Managing Shareholders, is charged with driving the strategic direction of the firm as established by its Executive Committee, and overseeing the growth, profitability and long-term value of the firm’s ten offices. He has been with Elliott Davis for 24 years in its Greenville, SC headquarters.

“I have been fortunate to be a part of Elliott Davis as the firm has experienced significant growth and development in recent years” said Davis. “I am looking forward to the challenges and opportunities of leading Elliott Davis as we continue our drive to become the premier accounting firm in the Southeast.”


ABOUT ELLIOTT DAVIS, LLC

Since 1925, Elliott Davis has been the accounting and business advisory firm that helps emerging and middle market clients continually improve their financial management. 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.” Elliott Davis has 48 shareholders and 400 employees in 10 offices throughout four Southeastern states. 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.