Marks Paneth & Shron Joins Global Association of Leading Independent Accounting and Consulting Firms

NEW YORK, NY--(Marketwire - Oct 20, 2011) - Marks Paneth & Shron LLP (MP&S) has joined Morison International (MI), a global association of leading independent accounting and consulting firms, and will represent the association in New York, Connecticut and northern New Jersey. MI serves clients with complex needs across multiple jurisdictions. The appointment of MP&S will allow MI to strengthen its U.S. representation and capabilities.

"In accordance with our highly selective recruitment policy, we invested considerable time and resource to find the right firm to represent the association in New York and surrounding areas," said Liza Robbins, CEO of MI. "We held in-depth discussions with a number of high quality firms, but felt that MP&S' excellent profile provided the best fit for MI and its members."

"We were delighted when Morison asked us to join their association," said Mark Levenfus, Managing Partner of MP&S. "Our two organizations are well aligned: both are ambitious, innovative and professional. We are also very pleased to be able to collaborate with other outstanding professional services firms around the world, thereby acquainting a broader group of global companies with our experience and services. This is a mutually beneficial opportunity, and together, we will go from strength to strength."

About Marks Paneth & Shron LLP

Marks Paneth & Shron LLP is an accounting firm with nearly 475 people, of whom approximately 60 are partners and principals. The firm provides businesses with a full range of auditing, accounting, tax, consulting, bankruptcy and restructuring services as well as litigation and corporate financial advisory services to domestic and international clients. The firm also specializes in providing tax advisory and consulting for high-net-worth individuals and their families, as well as a wide range of services for international, real estate, media, entertainment, nonprofit, professional and financial services and energy clients. The firm has a strong track record supporting emerging growth companies, entrepreneurs, business owners and investors as they navigate the business life cycle.

The firm's subsidiary, Tailored Technologies, LLC, provides information technology consulting services. In addition, its membership in Morison International, a leading international association for independent business advisers, financial consulting and accounting firms, facilitates service delivery to clients throughout the United States and around the world. Marks Paneth & Shron LLP, whose origins date back to 1907, is the 30th largest firm in the nation and the 13th largest in the New York area. In addition, readers of the New York Law Journal rank MP&S as one of the area's top forensic accounting firms.

Its headquarters are in Manhattan. Additional offices are in Westchester, Long Island and the Cayman Islands. For more information, please visit www.markspaneth.com.