Bakbone (NASDAQ:BKBOF)
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BakBone Software Announces Engagement of New Independent Auditors
SAN DIEGO, Oct. 25 /PRNewswire-FirstCall/ -- BakBone Software (TSX: BKB; OTC
Bulletin Board: BKBOF), a global provider of data protection software, today
announced that it has engaged Deloitte & Touche LLP ("Deloitte") as the
Company's independent registered public accounting firm. Deloitte's engagement
is effective immediately and will commence with the review of BakBone's
financial statements for the second fiscal quarter ended September 30, 2004.
(Logo: http://www.newscom.com/cgi-bin/prnh/20031120/SDBAKLOGO )
"We are extremely pleased with our audit committee's selection and engagement
of Deloitte & Touche as the Company's new independent auditor," said John
Fitzgerald, BakBone's chief financial officer. "After considerable discussions
with Deloitte, we are confident they are committed to providing BakBone with
the expertise and accounting resources required for a high growth software
company."
Added Fitzgerald, "We are currently working through the initial review process
with Deloitte, and we expect to announce shortly the date of our second quarter
fiscal 2005 earnings conference call and Form 10-Q filing."
Additional information can be found in the Form 8-K filed today with the
Securities and Exchange Commission.
About BakBone Software, Inc.
BakBone Software (TSX: BKB; OTC Bulletin Board: BKBOF) is a leading
international data protection solution provider that develops and distributes
data backup, restore, and disaster recovery software for network storage and
open-systems environments worldwide. BakBone delivers scalable solutions that
address the complex demands of large enterprise environments, as well as small
to medium size businesses. Founded in 2000, BakBone products are used by
Fortune 1000 corporations and domestic and international government entities.
Distributed through a select global network of OEM partners, resellers and
solution providers, interested companies can learn more about BakBone's
products and services at http://www.bakbone.com/ or email .
Safe Harbor
This press release contains forward-looking statements that involve risks,
uncertainties, assumptions and other factors, which, if they do not materialize
or prove correct, could cause BakBone's results to differ materially from those
expressed or implied by such forward-looking statements. These statements
include, among others, any statements, express or implied, regarding BakBone's
anticipated timing for the completion of Deloitte & Touche's initial review of
BakBone's financial statements and the filing of BakBone's Form 10-Q. The
potential risks and uncertainties may include, but are not limited to, risks
that the initial review of our financial statements by Deloitte & Touche may
not be completed in accordance with our expectations as to timing, and risks
that we may fail to file timely our quarterly report on Form 10-Q. Our
forward-looking statements should be considered in the context of these and
other risk factors disclosed in our most recent report filed with the
Securities and Exchange Commission, which may be found at http://www.sec.gov/,
as well as those risk factors disclosed in our current report filed with the
Canadian Securities Administrators, which is available on SEDAR at
http://www.sedar.com/. All future written and oral forward-looking statements
made by us or on our behalf are also subject to these factors. BakBone assumes
no obligation to update any forward-looking statement to reflect events or
circumstances arising after the date on which it was made.
For further information, please contact: Karen Silva, Director of Investor
Relations of BakBone Software, Inc., +1-858-795-7525, .
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DATASOURCE: BakBone Software, Inc.
CONTACT: Karen Silva, Director of Investor Relations of BakBone
Software, Inc., +1-858-795-7525,
Web site: http://www.bakbone.com/