June 14, 2006

Elizabeth Prout signs on as Corridor Roundtable Expert

Charleston Digital Corridor Release

Charleston, SC (June 14, 2006) - Elizabeth Prout, President of Business Evolutions, is joining the Charleston Digital "Corridor Roundtable" as a business expert.

Elizabeth's firm provides clients with project-based strategic financial leadership. Business Evolutions helps small to medium sized companies maintain positive cash flow, control cost and accelerate profitable growth, allowing entrepreneurs and managers to focus on the business at hand.

Elizabeth has spent the last 25 years working with small to mid size companies ($10M-$50M) providing financial leadership in all areas of accounting, including building loyal teams to sustain and grow the business; establishing comprehensive budgetary processes; implementing financial and management reporting systems; computer conversions; negotiation strategies and exchange of financial information for Due Diligence and M&A's; identifying significant cost reductions, inventory recapture/ valuations and sell off; restructuring of debt; and recapitalization of organizations.

Elizabeth has international experience in setting up representative offices in Thailand and China and establishing corporations in Hong Kong to take advantage of favorable tax regulations.

"I am delighted Elizabeth has agreed to join the Corridor Roundtable," said Ernest Andrade, Executive Director, Charleston Digital Corridor Foundation. "My interaction with her leads me to believe that she will provide critical financial guidance to the Corridor's young companies, ask the tough questions and instill young entrepreneurs with a sense of financial protocol and integrity that is an absolute necessity in today's business environment," he added.

A native Virginian, Elizabeth received her BS in Accounting from Virginia Polytechnic Institute & State University in 1981. In 1991, Ms Prout received her MBA from UNC-Greensboro with a concentration in International Business and holds a CPA from the state of NC with reciprocity in SC.

About the Corridor Roundtable:

The Corridor Roundtable directly aids entrepreneurs in existing knowledge-based businesses by providing guidance and answers to the immediate questions and pressing challenges they face in developing and growing their business. Unlike initiatives that focus solely on business startups, the Corridor Roundtable is a private process for the rapid exchange of direct answers, effective advice and relevant contacts for the hard-working knowledge-based entrepreneurs in the Charleston community.

Ernest G. Andrade, Executive Director
Charleston Digital Corridor Foundation
843. 724.3773