Released on = June 4, 2007, 7:34 am

Press Release Author = Russell Bedford International

Industry = Financial

Press Release Summary = Grupo FTC, a Panama-based professional services firm, has
joined the Russell Bedford accounting group as its Correspondent in Panama.


Press Release Body = Russell Bedford International has announced that Grupo FTC -
Financial, Tax & Consulting Group - has joined its network as a Correspondent firm
in Panama.

Grupo FTC was established in 2004. It is a multi-discipline professional services
firm covering accounting, tax, business advice, legal services and financial audit.

The firm has two partners, both Certified Public Accountants and Members of the
Colegio de Contadores Públicos Autorizados de Panamá (Association of Certified
Public Accountants of Panama).

Luis E. Vásquez Brown has an MBA with specialisations in Finance and Strategic
Management. He began his career in a public sector financial audit role in the
Controlaría General de la República (the Comptroller General\'s Office) before moving
to the National Audit Directorate of the Government\'s Social Security Department.
He then gained experience in international auditing with KPMG. Before going on to
establish his own firm, he had four years as a corporate controller with a US-owned
internet-related business, responsible for overall financial management of the
company in Panama and Mexico. Luis also teaches accounting and auditing at the
Universidad Interamericana de Panamá.

Sonia Del C. Selles de Díaz had a variety of roles in both the private and public
sectors before joining Grupo FTC as a partner in 2006. Most recently, she was
responsible for internal audit at a Panamanian mortgage bank. She was also a
partner in another local accounting and audit firm for two years.

In addition to the partners, Grupo FTC also has three directors, and in total the
firm has 17 personnel. It has clients in a variety of sectors including
manufacturing and retail. Services currently offered are mainly accounting, audit
and tax consulting.

For further information, contact Luis Vásquez Brown at Grupo FTC on +507 300 3001.
Alternatively, visit the websites at www.grupoftc.com and www.russellbedford.com.

END

Note to Editors

Russell Bedford International was established in 1983 by a group of medium-sized
independent accounting practices aiming to counter the market dominance of the major
multi-national accounting firms.

Russell Bedford is now a closely-connected global association of independent
accounting and business consultancy firms in key locations around the world, and is
represented by some 200 offices in more than 70 countries in Europe, the Americas,
the Middle East, Africa and Asia-Pacific.

All Russell Bedford affiliates are well-established firms offering international
business advice and services to local and multinational clients. Most provide a
full range of services comprising accounting, auditing, tax advice, general business
guidance and financial consulting. In addition, many have special expertise in
particular fields, such as international taxation or information technology.



Web Site = http://www.russellbedford.com

Contact Details = Kempton Bedell-Harper
Marketing Director
Russell Bedford International
Russell Bedford House
250 City Road, London EC1V 2QQ
United Kingdom
T: +44 (0) 20 7410 0339
F: +44 (0) 20 7459 2337
E: info@russellbedford.com
W: www.russellbedford.com