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For Immediate Release:

4-26-2006

              Newport Beach, CA - The PRES Companies, a full service commercial real estate firm, has announced the hiring of Toni Henzie as their new Director of Finance. Ms. Henzie brings over 15 years of experience in the areas of development and property management accounting.

              Ms. Henzie previously was the controller for Tiarna Real Estate Services in Irvine and also worked for Jones Lang Salle as well as the Donahue Schreiber Company. Ms. Henzie will be the lead for the accounting department and will supervise all staff and accounting functions for The PRES Companies finance division.

              Ms. Henzie is a graduate from California State University-Long Beach.