SureBeam Corporation Appoints Peterson & Co., LLP as Independent Auditor

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AdvisorShares Insider Advantage ETF	AMEX:SURE	AMEX	Exchange Traded Fund

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	0.00	0.00%	116.6347				0	09:09:51

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SureBeam Corporation Appoints Peterson & Co., LLP as Independent Auditor SAN DIEGO, Dec. 3 /PRNewswire-FirstCall/ -- SureBeam Corporation (Pink Sheets: SURE) today announced that its Audit Committee has appointed Peterson & Co., LLP as SureBeam's independent auditor. This appointment concludes a selection process that was conducted by the Audit Committee following the Company's dismissal of Deloitte & Touche LLP as its independent auditor on August 21, 2003. Peterson & Co. will begin work immediately on the Company's financial statements, including a review of the financial statements for the quarters ended June 30, 2003, and September 30, 2003. While the Company's Forms 10-Q for the quarters ended June 30, 2003, and September 30, 2003 have not yet been filed with the Securities and Exchange Commission, the Company intends to file these Forms 10-Q once Peterson & Co. has completed its review. "We are extremely pleased to be able to announce the appointment of Peterson & Co. as our new auditor," said Terrence J. Bruggeman, SureBeam's President and Chief Executive Officer. "We look forward to working with the firm as we strive to bring SureBeam back into compliance with the Securities and Exchange Commission's rules and regulations." About Peterson & Co., LLP Peterson & Co., LLP has been a respected firm in the San Diego area since 1951. With the highly qualified and diverse experience of their professional team, Peterson & Co., LLP offers a broad range of services including tax consulting and compliance, accounting services, assurance services, and business consulting. Peterson & Co., LLP is a member of the AICPA Division of Firms, the National Association of CPA Firms, an association with offices throughout the United States, and Morison International, an international group of professional accounting firms that provide members' clients with the broad scope of services required in today's rapidly expanding worldwide economy. The firm is also a member of RAN ONE, a worldwide affiliation of accountants who focus on management consulting and business development. About SureBeam Headquartered in San Diego, California, SureBeam Corporation is a leading provider of electron beam food safety systems and services for the food industry. SureBeam's technology significantly improves food quality, extends product freshness, and provides disinfestation that helps to protect the environment. The SureBeam patented system is based on proven electron beam and x-ray technology that destroys harmful food-borne bacteria much like thermal pasteurization does to milk. This technology can also eliminate the need for toxic chemical fumigants used in pest control that may be harmful to the earth's ozone layer. Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Examples of such forward-looking statements include statements that do not relate strictly to historical or current facts. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the risks associated with the Company's entry into new commercial food markets that require the company to develop demand for its product, its ability to access capital markets, the risk that purchase orders placed with the Company will not result in sales, and other risks described in the Company's Securities and Exchange Commission filings. Investor Relations Contacts: Ann Jones and Donna Dolan for SureBeam 858-795-6296 Public Relations Contact: Linda Seaton for SureBeam 858-795-6297 Press Releases and other SureBeam information are available on SureBeam Corporation's Web Site: http://www.surebeam.com/ DATASOURCE: SureBeam Corporation CONTACT: Investor Relations, Ann Jones and Donna Dolan, +1-858-795-6296, or Public Relations, Linda Seaton, +1-858-795-6297, all for SureBeam Web site: http://www.surebeam.com/

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