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FOR IMMEDIATE RELEASE

Contact: Allison Benner, College Relations Associate – Media, 610-740-3790

CEDAR CREST COLLEGE APPOINTS EDWARD T. RICHMOND AS ASSOCIATE VICE PRESIDENT FOR FINANCE

Allentown, PA (May 27, 2005) – Cedar Crest College announced today its appointment of Edward T. Richmond, CPA to the position of Associate Vice President for Finance. Richmond will work with the College’s Executive Vice President for Finance and Administration and will provide leadership and oversight in the areas of student accounts, budgeting/forecasting, accounts payable, purchasing, and all areas of financial accounting, analysis and reporting for the College.

An Allentown native, Richmond was a former manager of finance and business reporting at Padcom, Inc., a provider of wireless remote access data networking solutions located in Bethlehem. At Padcom, Richmond was responsible for financial reporting, budgeting, internal controls and business systems and processes.

Richmond began his career at PPL as an internal auditor, and soon moved to Deloitte & Touche LLP, where he worked for fifteen years on financial and accounting related engagements for a diverse array of clients including public and private colleges and universities, not-for-profit organizations and both public and privately-held companies.

Richmond received his bachelor of arts in accounting from Muhlenberg College and is a Certified Public Accountant, licensed in Pennsylvania and New Jersey.

For more information, please contact the College Relations Office at 610-740-3790.

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