Karp Capital Taps Veteran Sacramento Business Development Executive

Appointment of Kate Paterson Signals Firm's Increased Focus on Key
Region
SAN FRANCISCO--(Business Wire)--
Karp Capital Management Corp., a leading independent retirement
planning and asset management firm, today announced that Kate Paterson
has joined its business development team, based in Sacramento, Calif.
Ms. Paterson's appointment highlights the firm's increased focus on
providing uniquely client-centric retirement planning and consulting
to companies and individuals in the economically important market.

In this position, Ms. Paterson is responsible for supporting Karp
Capital's regional growth strategy and, in particular, helping
Sacramento-area companies identify ways in which they can benefit from
the firm's objective asset management expertise in developing
innovative employee retirement plans.

"Kate brings a deep understanding of the Sacramento market and the
unique needs of this economically diverse region," said Peter Karp,
founder of Karp Capital. "Sacramento and its surrounding areas
continue to display impressive economic strength and are an important
part of Karp Capital's growth strategy."

"We firmly believe that financial professionals should work
directly for their clients, providing unbiased advice without the
bureaucratic strictures found at large financial institutions," Karp
continued. "Kate shares this vision, and I'm excited for her to help
bring our personalized guidance to even more clients in the region."

"I'm very proud to join the Karp Capital team," Paterson said. "We
share a commitment and passion for helping our clients succeed in the
retirement plan arena, whether for their employees' financial plans or
to meet their retirement goals. I'm looking forward to playing an
active role in Karp Capital's growth and success in Sacramento and
beyond."

Prior to joining Karp Capital, Ms. Paterson served as Business
Development Director at Gallina LLP, where she worked closely with
senior management to develop new business opportunities while managing
the firm's advertising and marketing activities. She is actively
involved with the Sacramento Area Commerce & Trade Organization
(SACTO) as a member of its Sacramento Area Development Committee, and
sits on the Developer Showcase Event committee of the nonprofit
Association of Commercial Real Estate (ACRE).

About Karp Capital

Karp Capital Management Corp. (www.karpcapital.com) is a
registered investment advisor. The company, headquartered in San
Francisco, was founded by Peter Karp as an independent asset
management and financial advisory firm. Karp Capital provides a full
range of financial services including asset management, retirement
planning and business consulting. Mr. Karp is a Registered
Representative with Financial Telesis, Inc., a registered
broker-dealer. He is a member of the Financial Planning Association,
and is a licensed insurance agent and real estate broker.

Karp Capital Management Corp.
Ruth LaFleur, 707-981-7177
ruth@karpcapital.com

Copyright Business Wire 2008