Corgi Intl Ltd Ads (MM) (NASDAQ:CRGI)
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Corgi International Limited (Nasdaq GM:CRGI) today reported that the
Company's audit committee has engaged Burr, Pilger & Mayer LLP (BPM) as
its independent registered public accounting firm, effective July 14,
2008. BPM is a regional accounting firm located in California and
operating in the San Francisco Bay Area, with four offices located in
San Francisco, San Jose, Palo Alto and Walnut Creek, California.
As previously disclosed in a press release dated May 30, 2008, the
Company ceased its relationship with Eisner LLP, its independent
registered accounting firm, as of May 20, 2008. The Company will
continue its relationship with its statutory auditors, Baker Tilly LLP,
in Hong Kong and the United Kingdom.
About Corgi International
Corgi International Limited is a global Pop Culture company, which
develops and markets innovative and high-quality licensed and
non-licensed toys, gifts and collectables distributed via direct,
specialty, hobby, collector and mass retail channels worldwide. Marketed
under the brand names Master Replicas, PopCo and H2go, the Company’s
line of products range from premium entertainment prop replicas and
limited edition memorabilia to traditional toys and gift merchandise.
The Company holds varying licenses for many of entertainment’s
highest grossing franchises including Disney Classics, Harry Potter,
James Bond, Star Trek, Nintendo, Halo and The Beatles, amongst others.
Corgi International Limited also has partnerships with cutting edge
technology innovators around the world.
The Company is headquartered in Hong Kong, with operations in Walnut
Creek, California, USA and in Watford and Leicester, UK.
“Safe Harbor”
Statement under the U.S. Private Securities Litigation Reform Act of
1995: Certain statements contained in this press release may be
forward-looking. These statements are subject to risks and uncertainties
that could cause actual results to differ materially from those
anticipated. Such risks and uncertainties include, without limitation,
changes in market demand for Corgi International products, changes in
economic conditions, dependence on certain customers and licensing
partners, and other risks described in the Company's annual report on
Form 20-F for the fiscal year ended March 31, 2007. The Company
undertakes no obligation to update these forward-looking statements to
reflect subsequent events or circumstances.