Six Former Andersen Partners Join Smart and Associates

    DEVON, Pa., July 12 /PRNewswire/ -- Smart and Associates, LLP, a business
 advisory and accounting firm, announces today the appointment of six new
 partners: Neal Schneider, Robert I. Baxter, Kathleen K. Bellwoar, Stan G.
 Pittman, Jonathan S. Stomberger and Joseph F. Lanzisera.  All are former
 partners of Arthur Andersen, LLP.  Schneider joins the Smart and Associates'
 Accounting and Management Advisory Services group. Baxter, Bellwoar,
 Lanzisera, Pittman and Stomberger join the company's Smart Consulting
 practice.
     "Corporate America is seeking an alternative solution to an ever dwindling
 supply of quality business advisors," said James Smart, CPA, Managing Partner
 of Smart and Associates.  "The addition of six seasoned, industry-tested
 partners to the Smart team is in-line with our mission to bring significant
 skills and value to the table."
     Schneider brings over 30 years of financially oriented operating
 experience to Smart and Associates. He retired from Andersen as a partner in
 the consulting practice.  While at Andersen he served as Partner in Charge of
 the Worldwide Insurance Industry Practice and the North American Financial
 Services Practice.  Schneider had responsibility for delivery of Andersen's
 services across all service categories and financial services industry
 segments.  These practices were among the largest and fastest growing at
 Andersen.
     Baxter joins Smart and Associates after serving as Partner-in-Charge of
 Andersen's Philadelphia Business Consulting practice.  He assumed
 responsibility of the practice in 1992 and during his tenure grew the practice
 from six professionals to 260 full-time employees with revenues of $45
 million.  He had been with Andersen Consulting for 10 years prior to moving to
 the Business Consulting Practice.
     Before joining Smart and Associates, Bellwoar served as worldwide Partner
 for Andersen.  During her ten years at Andersen, Kathy grew and led the
 Enterprise Resources Planning (ERP) and Supply Chain practices in
 Philadelphia.  Having spent the start of her career in industry, Kathy also
 led the local Products Industry team and served on the global core team.  Her
 responsibilities included new business development, management of engagements,
 practice profitability, hiring, and client and vendor relationship management.
     Pittman comes to Smart and Associates from Andersen where he served as a
 Partner in the company's Philadelphia Business Consulting practice.  He brings
 with him more than 15 years' experience in IT strategy and planning, customer
 relationship management, sales force automation, Internet development, portals
 and content management solutions.
     Before joining Smart and Associates, Stomberger served as Partner in the
 Andersen Philadelphia Metro Business Consulting practice.  He was responsible
 for the Lawson Healthcare Practice and served as the National Lawson
 Healthcare Practice Leader.  He has over 12 years of experience in the
 information technology, technology assessment and software implementation
 arena.  His primary areas of expertise include the healthcare and service
 industries.
     Lanzisera served for 10 years in the Business Consulting practice of
 Andersen before joining Smart and Associates.  At Andersen, he was the Partner
 responsible for the Channel and Customer Solutions practice within the
 Southeast Region of the United States.  He has broad experience in the
 development and articulation of information technology strategy and in the
 implementation of complex systems and architectures.
 
     About Smart and Associates
     Headquartered in Devon, PA, Smart and Associates, LLP is a business
 advisory and accounting firm with offices in Chicago, New York and
 Philadelphia serving clients throughout the US and globally.  The firm's
 practices include Audit, Tax, IT Consulting, Management Advisory and Financial
 Planning services.
 
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SOURCE Smart and Associates, LLP

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