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Contact:  Hillary Wallis
Telephone: 713-621-8090
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GAINER, DONNELLY & DESROCHES ADMITS NEW PARTNERS; ONE OF HOUSTON’S OLDEST LOCAL CPA FIRMS ADDS THREE NEW PARTNERS

HOUSTON, TX — July 17, 2006 - Gainer, Donnelly & Desroches LLP is proud to announce that the Firm has admitted three new partners. "We are proud to have Rick Shell, Wayne Snelson and Teresa Snow join our partner group. All three have the commitment to the firm, the profession and the community which have defined our firm since 1948," said David Donnelly.

Shell joined Gainer, Donnelly & Desroches, LLP in October 2003 after serving 6 years as Regional Director of Operations and as General Manager for a publicly-held company. Shell's business career began at KPMG Peat Marwick and continued for 12 years, including 6 as a senior audit manager. Rick has also served as the CFO of a Houston-based manufacturing company and served two additional years as an audit senior manager for a local accounting firm. His audit experience covers a variety of industries including energy, commercial services, manufacturing and employee benefit plans. He received his BBA in Accounting from the University of Oklahoma.

Snelson joined the Firm in May 2000 after serving as chief financial officer of an oilfield equipment manufacturer. Prior to this, Snelson worked with a Houston area accounting firm for seven years as an audit manager. His audit experience includes a variety of industries including construction, employee benefit plans, and manufacturing. He is a graduate of Lamar University.

Snow joined Gainer, Donnelly & Desroches, LLP, in October 1995. Prior to this, she was employed by the State of Texas for six years as a speech pathologist. Her audit experience includes a variety of industries including construction, mortgage companies, oil and gas, and manufacturing. She completed her accounting degree at Southwest Texas State University.

Shell, Snelson and Snow join seven other partners in the Firm's audit and tax departments.

About Gainer, Donnelly & Desroches:
Gainer, Donnelly & Desroches, LLP, the oldest local certified public accounting firm in Houston, Texas, provides highly personalized and complete tax, business planning and advisory services to privately-held businesses and individuals across all industries with special expertise in high net worth, construction, energy, healthcare, manufacturing, and real estate. The Firm has a diverse clientele from individuals and small business owners to multi-national corporations with gross revenues in excess of $1 billion. Gainer, Donnelly & Desroches can be reached at +1-713-621-8090 or on the Web at www.gddcpa.com.

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