Indiana’s superintendent of public instruction to join school finance leader Ross, Sinclaire & Associates in January 2009

Dr. Suellen Reed eager ‘to help our public schools navigate the ever-changing landscape of school finance’ in new role

FOR IMMEDIATE RELEASE:
Thursday, June 19, 2008
Media Contacts:
Murray Sinclaire, Jr., 800.543.1831, msinclaire@rsanet.com
Brian Nurick, 800.255.0795, bnurick@rsamuni.com

Dr. Suellen Reed, Indiana’s longest-serving and first female superintendent of public instruction, announced today that she will join the executive staff of public finance leader Ross, Sinclaire & Associates, LLC when she concludes her current term as chief state school officer in January 2009. In her role as Vice President of Business Development, Reed will draw upon Ross, Sinclaire & Associates’ proven public financial advisory experience to assist Indiana’s school corporations in developing innovative capital and financing solutions.

“My new role with Ross, Sinclaire & Associates offers an exciting opportunity to help our public schools navigate the ever-changing landscape of school finance,” Reed said. “I said when I announced that I would not seek a fifth term as state superintendent that I was ready to embrace new challenges while maintaining my long-standing commitment to public education. This position will allow me to do just that.”

Ross, Sinclaire & Associates, LLC – a leader in public finance since 1989 – is a full-service securities brokerage firm with offices in California, Florida, Indiana, Kentucky, Ohio, South Carolina and Tennessee. The firm is currently the top financial advisor in Kentucky and South Carolina with the issuance of more than $10 billion in municipal bonds in those states alone. The firm assists public school districts and other political subdivisions in the development of financing plans for capital projects. Ross, Sinclaire’s expertise includes the issuance of all types of municipal bonds and the investment of public funds.

“Dr. Reed’s experience as both an educator and an administrator uniquely qualifies her to fully understand the challenges facing Indiana’s schools,” said Murray Sinclaire, Cofounder, President and CEO of Ross, Sinclaire & Associates. “By working directly with Indiana school systems to help them meet their capital goals, Dr. Reed can have an immediate impact on the learning environment for Indiana’s students.”

Sinclaire noted that his firm’s record in other states has demonstrated an ability to realize the diverse needs of a wide variety of clients ranging from smaller rural schools to larger urban school districts. In addition, Ross, Sinclaire is uniquely positioned to assist Indiana Schools with the implementation of voter referendum driven bond issues. The firm has assisted their South Carolina clients with the successful approval of approximately $1.0 billion in referendum projects. Drawing on their vast experience and reputation, Ross, Sinclaire has made a long-term commitment to meeting the financial advisory needs of Indiana schools with the opening of their Indianapolis Public Finance Office.

More information about Ross, Sinclaire & Associates, LLC is available online at www.rsamuni.com. Details related to Reed’s professional accomplishments, honors and recognitions are available online at www.doe.in.gov/reed.