August 4, 1997 - Frank De Luca, Managing Consulting of Cambridge Financial Services, has achieved the professional designation of Certified Management Consultant ("CMC"). The Institute of Management Consultants ("IMC") is the governing body for CMC's. The IMC is a worldwide association of professionals involved in consulting. Of the 20,000 CMC's worldwide, less than 2,000 are in the United States.

The CMC is the pre-eminent designation earned in the management consulting profession and is awarded only after undergoing a thorough investigation of the candidates consulting experience, a written review of six consulting assignments with client verification to insure that the consult-ing relationship met the clients objective, and the passing of a two part oral and written examina-tion. The examination demonstrates professional competence and currency in areas of specialization, application of experience and understanding of the management consulting process. In addition, the candidate must adhere to a strict code of ethics in practicing.

The CMC designation assures the client that the professional has met the strict certification re-quirements of the IMC for competence and professional conduct. We at Cambridge Financial Services congratulate Frank De Luca on this achievement.