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FOR IMMEDIATE RELEASE:

BINGHAM McHALE LAUNCHES ECONOMIC DEVELOPMENT AFFILIATE
May 2007

Contact: Susan Kilkenny
Bingham McHale
317-635-8900

Indianapolis, Ind. — Bingham McHale LLP has formed Bingham Economic Development Advisors, LLC (BEDA), an independently operated and managed affiliate of the law firm focused on economic development relating to site-selection analysis, incentive procurement and fulfillment, and community development and planning.

Led by Jay Walters, who serves as president, the Bingham Economic Development Advisors' team is experienced in working with the private sector, nonprofits, and state and local governments on a wide array of economic development initiatives in communities throughout Indiana, the Midwest and the Southeastern U.S. Suzanne Davis and Linda Williamson serve as vice presidents of the organization.

"With Bingham McHale's emphasis on providing legal counsel to large, mid-sized, and emerging businesses and Bingham Economic Development Advisors' experience in economic development growth strategies, we believe clients of both organizations will benefit greatly from the affiliation. We are delighted that Jay and his experienced team will drive the efforts of the Bingham Economic Development Advisors," said Toby McClamroch, managing partner, Bingham McHale.

Based at 8900 Keystone Crossing on the north side of Indianapolis, BEDA provides its clients with comprehensive analysis during the site selection process and helps lower clients' project costs by procuring incentives and ensuring compliance. BEDA offers an array of services to assist communities in maximizing their development efforts. These services may include developing strategies for targeted marketing, tax and incentive policies, and economic development planning. Such forward-thinking community development planning helps anticipate obstacles and opportunities and positions communities for quality growth.

"Our team is looking forward to a successful relationship with Bingham McHale," said Walters. "We believe that the services we offer complement Bingham McHale's strengths in local government, environmental and business law. Together, we can provide comprehensive economic development services for our clients."

Bingham McHale, a multidisciplinary business law firm serving regional, national and international clients, is the fifth largest law firm in Indiana, and has offices in Indianapolis (downtown & Keystone Crossing), Jasper and Vincennes, Ind.

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