Salt Lake City, UT, July 30, 2010 — Summit Financial Resources announces the following management changes, effective immediately: Douglas A. Keefe will assume the role of President, concurrent with the July 27 resignation of Gordon G. La Haye, formerly President & CEO. Mr. Keefe has been serving as the company’s Chief Financial Officer for the past five years. In addition, Mark Picillo has been promoted to the position of Chief Operating Officer of the company. Summit Financial Resources provides working capital credit facilities to small and medium-sized business nationwide, and operates out of 18 offices across the country.