Centerprise Advisors, Inc. Appoints James B. McGuire as CEO.

Business Editors

CHICAGO--(BUSINESS WIRE)--Sept. 4, 2003

Centerprise Advisors, Inc., the nation's 14th largest accounting, tax and consulting firm, has named James B. McGuire as the firm's President and Chief Executive Officer.

Mr. McGuire is responsible for leading the strategic direction, integration and performance of Centerprise Advisors, a leading provider of accounting, tax and consulting services to middle market companies, government and not-for-profit organizations. Based in Chicago, Centerprise has 22 offices and 1,100 professionals in the U.S., with affiliates in more than 40 major business centers throughout the world.

"Centerprise has a strong foundation and is poised for rapid growth as we focus on bringing to the middle market a set of high-value services currently enjoyed by FORTUNE 500 companies," McGuire said. "We will grow significantly because our services will help our clients achieve their business goals as well. Our team has already launched a plan to make this a reality."

Mr. McGuire succeeds Robert C. Basten, who founded Centerprise in 2000 and served as CEO until August 2002, when he stepped down after being diagnosed with amyotrophic lateral sclerosis, or Lou Gehrig's disease. Mr. Basten has since founded The Playing to Win for Life Foundation for ALS Research.

"Jim brings a track record for delivering results in our complex business environment," said Mr. Basten, who remains Chairman of the Board of Centerprise. "Jim articulates well the Centerprise vision for reaching the next level."

Mr. McGuire's business career, which spans nearly 30 years, includes experience with integrating and building high-performance professional services organizations. Mr. McGuire has designed and implemented advanced business strategies in professional services on both a national and global basis.

Before joining Centerprise, Mr. McGuire served as Executive Vice President of BearingPoint (formerly KPMG Consulting), a publicly traded, global leader in professional services. Prior to his role at BearingPoint, Mr. McGuire served KPMG Consulting as its Chief Executive Officer and Vice Chairman for both its U.S. Consulting business and its Global Consulting business. Under Mr. McGuire's leadership, KPMG's Global Consulting business achieved $4 billion in total professional services revenue.

Mr. McGuire received his B.B.A. in Accounting from The University of Notre Dame, South Bend, Indiana.

About Centerprise Advisors, Inc.

Centerprise Advisors, Inc. was formed in July 2000 with the merger of seven successful professional services firms. Bowman's Accounting Report ranks Centerprise as the 14th largest professional services firm in the country. The Centerprise Companies include the following:

-- Centerprise Information Solutions, Inc., with offices in Akron

and Columbus.

-- Follmer Rudzewicz Advisors, Inc., with offices in the Detroit

Metro market.

-- Grace Advisors, Inc., with offices in St. Louis.

-- Insurance Design Administrators, with offices in New Jersey

and Louisiana.

-- Mann Frankfort Stein & Lipp Advisors, Inc., with offices in

Houston and Dallas.

-- Scillia Dowling & Natarelli Advisors, Inc., with offices in

Hartford and New Haven.

-- Urbach Kahn & Werlin Advisors, Inc., with offices in New York 

City, Washington, DC, Los Angeles and Albany, NY.

For more information, please see www.centerpriseadvisors.com