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DataLogic Announces Change of Independent Accounting Firm
Company Dismisses Kabani & Company, Inc. and Engages Corbin & Company, LLP
IRVINE, Calif., June 15 /PRNewswire-FirstCall/ -- DataLogic International,
Inc., (OTC Bulletin Board: DLGI; Berlin, Frankfurt Stock Exchange: 779612) a
provider of consulting services and communication solutions including VoIP, GPS
based mobile asset tracking, and secured mobile communications, today announced
the June 8, 2005 dismissal of Kabani & Company, Inc. as the Company's
independent accountants. Kabani reported on the Company's financial statements
for the years ended December 31, 2004 and 2003. Their opinion did not contain
an adverse opinion or a disclaimer of opinion, and was not qualified as to
uncertainty, audit scope, or accounting principles but was modified as to a
going concern.
During the Company's most recent full fiscal years ended December 31, 2004 and
2003, there were no disagreements with Kabani on any matters of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedures, which disagreements, if not resolved to the satisfaction of Kabani,
would have caused them to make reference to the subject matter of such
disagreements in connection with their reports; and there were no reportable
events, as listed in Item 304 (a)(1)(v) of Regulation S-K.
The Company has engaged Corbin & Company, LLP ("Corbin") to act as its
independent auditors, effective June 9, 2005.
"We thank Kabani and Company for their services in recent years and also look
forward to working with Corbin & Company," commented DataLogic International's
Chairman and CEO, Keith C. Moore.
The Company filed a Form 8-K Current Report today with the Securities and
Exchange Commission on this matter.
About DataLogic International, Inc.
DataLogic International, Inc. is a technology and professional services company
providing a wide range of consulting services and communication solutions such
as VoIP, GPS based mobile asset tracking, and secured mobile communications.
The company also provides Information Technology outsourcing and private label
communication solutions. DataLogic's customers include U.S. and international
governmental agencies as well as a variety of international commercial
organizations. For more information about DataLogic International, please
visit http://www.dlgi.com/.
Statements contained herein, other than historical data, may constitute
forward-looking statements. When used in this document, the words "estimate,"
"project," "intends," "expects," "believes" and similar expressions are
intended to identify forward-looking statements regarding events and financial
trends, which may affect the Company's future operating results and financial
position. Such statements are not guarantees of future performance and are
subject to risks and uncertainties that could cause the Company's actual
results and financial position to differ materially from those included within
the forward-looking statements. The Private Securities Reform Act of 1995
provides a "safe harbor" for forward-looking statements. Certain information
included in this press release (as well as information included in written
statements to be made) contain statements that are forward-looking, such as
those relating to its anticipated working relationship with Corbin & Co. LLP.
Such forward-looking information involves important risks and uncertainties
that could significantly affect anticipated results in the future and,
accordingly, such results may differ materially from those expressed in any
forward-looking statements.
Contact Information:
Keith C. Moore, Chairman and CEO
DataLogic International, Inc.
949-260-0120, ext. 106
Sean Collins, Partner
CCG Investor Relations and Strategic Communications
310-231-8600, ext. 202
DATASOURCE: DataLogic International, Inc.
CONTACT: Keith C. Moore, Chairman and CEO of DataLogic International,
Inc., +1-949-260-0120, ext. 106; or Sean Collins, Partner of CCG Investor
Relations and Strategic Communications, +1-310-231-8600, ext. 202, for
DataLogic International, Inc.
Web site: http://www.dlgi.com/