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FOR IMMEDIATE RELEASE

Media Contact:

Steven Meyers
Director of Marketing and Communications
MorganFranklin Corporation
Steven.Meyers@morgan-franklin.com
703-564-7525 X242

MorganFranklin Names Christopher Mann
Senior Vice President of Financial Advisory Services

McLean, Virginia — April 26, 2006
MorganFranklin Corporation announces the appointment of Christopher Mann as Senior Vice President of Financial Advisory Services. In this role, Mann will oversee the service delivery and continued growth of this business in both the commercial and government sectors. Through the Financial Advisory Services business, MorganFranklin serves its clients in the form of accounting and audit support, business process outsourcing, and other financial and regulatory reporting support.

Mann brings over 15 years of professional experience to MorganFranklin. Prior to assuming his new position, he spent a total of 12 years with PricewaterhouseCoopers LLP. Most recently, he served as a director in the Advisory Practice of PwC, focused primarily on initiatives to improve the finance and accounting functions of his clients, which included numerous Fortune 500 organizations across multiple industries. Mann was previously a senior manager in PwC's Assurance Practice, where he oversaw the financial statement audit process for both publicly traded and privately held clients. In addition, Mann spent over three years at Convera Corporation, a publicly traded software company, where as CFO he oversaw the finance, accounting and legal organizations, as well as investor relations.

“The addition of Chris enhances our team of experienced leaders,” said Ron Morgan, MorganFranklin CFO. “He brings a wealth of knowledge that will be beneficial as MorganFranklin continues to grow and to provide more comprehensive service offerings to our commercial and government clients.”

About MorganFranklin
MorganFranklin Corporation is uniquely structured to provide innovative and proven business solutions for commercial and government clients. With the benefit of leading experts and a convergence of business advisory, management consulting and technological implementation services, MorganFranklin facilitates the improvement and transformation of our clients, from the inception of concepts and ideas to their realization.