LOUIS J. DESIDERIO APPOINTED CFO OF REAL ESTATE STRATEGIES CORPORATION


Kenilworth, NJ: (February 20, 2006)----Andrew B. Zezas, SIOR, President and CEO of Real Estate Strategies Corporation today announced the appointment of Louis J. Desiderio as Relationship Manager, Profitability and Liquidity Advisor, and Chief Financial Officer. Mr. Desiderio will work closely with executive management, providing operational and financial leadership in establishing and executing the Company’s strategic business development and growth initiatives. He will play an active role in advising the Company’s clients on identification and assessment of opportunities to realize improved profitability and liquidity, through effective utilization of their corporate real estate assets and obligations.

“Lou brings over 20 years of insightful financial and operational leadership and will be an invaluable member of our executive team as we enter the next phase in our growth,” said Andrew B. Zezas, SIOR, Real Estate Strategies Corporation’s President and CEO. “Lou is a seasoned leader who brings a rich background in developing and executing business strategies. His dynamic and proactive leadership, combined with his financial and operational expertise, add tremendous depth to RealStrat’s senior management team. His expertise and knowledge will greatly enhance our ability to advise our clients on sophisticated business and financial transaction structures.”

“I look forward to working with the talented executive team at Real Estate Strategies Corporation, which has already established itself as a prominent real estate advisor to many of New Jersey’s most dynamic corporations. I’m extremely excited about working with our clients to identify alternate real estate transaction structures designed to drive corporate operating and financial performance,” said Desiderio.

Prior to joining Real Estate Strategies Corporation, Desiderio was the Senior Operating and Financial Executive of public and private, international, technology and professional services businesses. He has extensive experience in improving profitability, strategic planning and business development, raising capital, M&A and due diligence, budgeting, SEC and management reporting, cash and asset management, information technology and risk management.

A licensed CPA, Desiderio has a Bachelor’s degree from Rider University. He is active in the New Jersey business community, having served in leadership roles on community boards, including the board of the New Jersey Technology Council, where he also served as Chair of its CFO Peer Network.

Real Estate Strategies Corporation is a New Jersey based advisory firm that helps companies create and execute business driven real estate solutions. RealStrat’s advisory, acquisition, and disposition services promote intelligent business decision making, while achieving the operational and financial objectives of public, private, and international companies, not-for-profit organizations, and the executives who lead them. Real Estate Strategies Corporation can be reached at 908-245-5999, or online at: www.realstrat.com or at www.cforealestate.com .

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