www.crnrstone.com 4725 N. Scottsdale Rd., Suite 250 Scottsdale, AZ 85251 Tel: 480.423.2030 Fax: 480.481.6076 P R E S S R E L E A S E TED THAMES JOINS CORNERSTONE AS SENIOR DIRECTOR SCOTTSDALE, Ariz. /Aug 21, 2007/ – Cornerstone Advisors is pleased to announce it has added Ted Thames to its staff as a senior director. “We are excited to have Ted on board,” said Scott Sommer, Cornerstone President and CEO. “Ted is an expert at strategic planning and organizational alignment with a proven track record of architecting solid growth and financial results within leading credit unions.” Prior to joining Cornerstone Advisors, Thames spent 17 years helping to build one of the most successful credit unions in the nation. “This is exactly the type of hands-on strategic business planning, marketing and organizational management expertise we like to offer our clients. Credit unions that do business with Cornerstone and Ted can know they are getting the best guidance available to meet a wide range of requirements.” Thames holds a Certified Chief Executive designation from the Credit Union Executives Society and a graduate degree in Retail Banking from the Bank Industry Institute. He holds an undergraduate degree in Communications from the University of Texas and a Master of Organizational Management degree from the University of Phoenix. Cornerstone Advisors, a management consulting firm focused exclusively on banks and credit unions, provides services in the areas of: strategic planning, benchmarking and best practices, process reengineering, technology assessment and planning, system selection, vendor contract negotiation and merger integration. The Cornerstone team founded industry renowned GonzoBanker and authored The Cornerstone Report: Benchmarks and Best Practices for MidSize Banks and The Cornerstone Report: Benchmarks and Best Practices for Credit Unions. # # # CONTACT INFORMATION: Cate Pitts, Manager/Marketing & Communications (480) 425-5203; cpitts@crnrstone.com Scott Sommer, President and CEO ssommer@crnrstone.com