Trend-Setting Firm to Share Success: Burr Pilger Mayer Announces ESOP

SAN FRANCISCO--(Business Wire)--
Burr Pilger Mayer (BPM) announced the introduction of an employee
stock ownership plan (ESOP), available to all 325 employees of the
firm. The announcement coincides with BPM's 22nd anniversary, said
founding and managing partner Stephen D. Mayer, and is a reflection of
the firm's commitment to attracting and retaining the best employees
to continue the firm's annual 20 percent year-over-year growth.

BPM is the largest non-"Big Four" CPA firm in the San Francisco
Bay Area, with offices in San Francisco, Palo Alto, Walnut Creek and
San Jose. The firm's "ring the Bay" strategy will be complete with the
opening of an office in Novato this Fall.

"This is a very exciting event for us," Mayer said. "To my
knowledge, BPM is the first CPA firm of our size to offer an ESOP. Our
partners are 100 percent behind sharing ownership, as we strive to
provide an innovative, creative and fun environment that values and
rewards employees. We have been working on the ESOP concept for almost
a year, and it certainly feels good to move forward," he said.

Mayer noted that the ESOP not only provides new benefits for
employees, but also assures that a solid succession plan is in place
for those moving up the ladder to partner, as well as those partners
approaching retirement. "This is a perfect opportunity for all of us
to grow together," he said.

An ESOP is a qualified retirement plan in which employees receive
shares of the common stock of the company for which they work, thus
offering them a vested interest in the organization's present and
future success.

BPM has been recognized as one of The Best Places to Work in the
San Francisco Bay Area three years in a row by the San Francisco
Business Times. "The ESOP builds on this tradition and philosophy,"
said Beth Baldwin, director of human resources. "It's terrific to be
able to reward success."

For more information about Burr Pilger & Mayer LLP, please visit
www.bpmllp.com.

Burr Pilger & Mayer LLP
Constance Jorritsma, 415-288-6287
cjorritsma@bpmllp.com

Copyright Business Wire 2008