SALT LAKE CITY – August 14, 2006 – The National Association of Certified Valuation Analysts (NACVA) presented Garth M. Tebay with the “Outstanding Member Award” at the Thirteenth Annual Consultants’ Conference in San Francisco, CA.

The “Outstanding Member Award” recognizes Mr. Tebay’s work in 2005 for his exceptional contributions in support of NACVA’s mission and in achieving national prominence. Additionally, Mr. Tebay was recognized for the second time since 2002 as "Instructor of Great Distinction." In prior years, he was awarded "Instructor of Exceptional Distinction" in 2003 and 2004.

Garth was elected by NACVA’s membership in 2005 to join the Ethics Oversight Board (EOB) and is now serving a 3-year term. The EOB operates under the direction and discretion of NACVA’s Executive Advisory Board (EAB), and is charged with the monitoring of NACVA’s membership with regards to ethical and professional standards. The EOB’s responsibilities include creating policies for EAB approval, and educating, monitoring and enforcing compliance. The EOB’s duties also include recommending standards, facilitating awareness and enhancing the membership’s understanding of NACVA’s standards, and when necessary investigating and determining whether a member or members have violated NACVA’s Standards.

Garth joined NACVA's instructor team five years ago and it wasn’t long before he moved into a leadership role. This year Garth was instrumental in coordinating a tremendous team effort updating our Business Valuation Certification Training Center’s courses entitled, "Business Valuations: Fundamentals, Techniques & Theory," and "Business Valuations: Applications and Calculations of the Income and Asset Approaches." In addition to his teaching role, Garth has provided substantial support as an elected member to the Ethics Oversight Board, giving him an opportunity to facilitate awareness of NACVA's Professional Standards and ensure there are no violations. "We are fortunate to have Garth represent this organization,” said Pam Bailey, NACVA's Executive Director.

About the National Association of Certified Valuation Analysts

The National Association of Certified Valuation Analysts (NACVA), founded in 1991, is a global professional association that supports the business valuation, litigation consulting, fraud deterrence and detection, and a variety of other disciplines within the CPA and professional business advisory communities. Along with its training and certification programs, NACVA offers research support, marketing tools, software, journals, reference materials, and proprietary databases to enhance the professional capabilities and capacities of its members.

Headquartered in Salt Lake City, UT, the National Association of Certified Valuation Analysts has trained over 13,000 practitioners in its business valuation certification program and over 25,000 professionals in its spectrum of consulting discipline courses. For more information and to learn more about the association go, to www.nacva.com.

About Garth M. Tebay

Garth M. Tebay, managing member and founder of Value Defined, LLC is also a Managing Director of Source Companies, Great Lakes Region, LLC, the Source Companies, LLC affiliate in Toledo, Ohio. Mr. Tebay has over 30 years experience as an accounting and consulting professional. He assists clients on matters relating to their business growth strategy, performance improvement, mergers and acquisitions, business valuation and the sale of businesses. Mr. Tebay is also founder and Managing Partner of Tebay Mosley Associates, LLC which provides accounting, auditing, tax preparation and management consulting to Toledo-area businesses and individuals.

Mr. Tebay served as Chief Financial Officer and Director of Westhaven Services from 1987 to 1989. He was responsible for financial management of a regional (servicing Ohio, Indiana and Michigan) institutional pharmacy with $13 million in sales and 160 employees. Responsibilities included financial reporting systems, departmental budgets, banking relations, financial and tax planning personnel, management information systems and operational accounting. From 1972 to 1987, Mr. Tebay was a partner of Brell, Tebay, Holt & Dettinger, Inc., a CPA firm servicing small-medium sized businesses in the Toledo area.

Mr. Tebay holds a BS in Accounting from Findlay College. He has also completed a variety of post-graduate and continuing education courses and has been a presenter/teacher on subjects related to finance, business valuation, tax strategies and accounting. Mr. Tebay is certified as a CPA, a CVA (Certified Valuation Analyst) and a CM&A (Certified in Mergers & Acquisitions). He is a member of the Ohio Society of Certified Public Accounts, the American Institute of Certified Public Accountants, the Institute of Business Appraisers, the National Association of Certified Valuation Analysts, and the Toledo Estate Planning Council, Inc. Mr. Tebay resides in Maumee, Ohio.