Apogee Technology Retains New Accounting Firm
May 04 2005 - 3:53PM
Business Wire
Apogee Technology, Inc. (AMEX:ATA), a global provider of integrated
circuits and silicon-based devices for consumer, automotive and
industrial applications, today announced it has retained the
accounting firm of Miller Wachman LLP as its new independent
auditor. Miller Wachman LLP is a Boston-based, full-service
accounting firm, specializing in audits, accounting and taxation,
as well as related areas. The firm has been operating since 1969,
when it was created by the merger of the George Miller and Abraham
Wachman firms, and is a member of HLB International, a worldwide
organization of accounting firms and business advisors with 430
offices in 100 countries. "With the retention of Miller Wachman to
complete the audits of our financial statements for our fiscal
years ended December 31, 2003 and 2004 and to assist us in the
preparation and filing of our complete Annual Report on Form 10-KSB
for the fiscal year ended December 31, 2004, we are confident that
the issues with respect to our financial statement filings will be
resolved in a timely manner," stated Herbert Stein, Chairman and
Chief Executive Officer of Apogee Technology. "Today we are also
submitting to the American Stock Exchange our proposed plan to
regain compliance with its listing rules regarding periodic
filings, specifying measures that we have taken and will take in
order to achieve full compliance on or before June 15, 2005. At the
same time, we are continuing to move forward with all of Apogee
Technology's business opportunities." About Apogee Technology, Inc.
Apogee Technology is a fabless semiconductor company that designs,
develops and markets silicon based products that incorporate
proprietary technologies. The Company's patented all-digital, high
efficiency Direct Digital Amplification (DDX(R)) ICs have been used
by over 20 major consumer electronic brands in a wide range of
audio products. The company is developing new System-on-Chip (SOC)
products using its analog and digital circuit designs and
Micro-Electromechanical Systems (MEMS) technology for the consumer,
automotive, communications and medical markets. The Company
operates a worldwide marketing and sales organization and has
offices in the US, Hong Kong and Japan. For more information please
visit our web site at: http://www.apogeeddx.com. DDX(R) is a
registered trademark of Apogee Technology, Inc. All other product
names noted herein may be trademarks of their respective holders.
Certain statements made herein such as, but not limited to those
statements with respect to the Company's ability to retain new
independent registered public accountants and complete the audit of
its financial statements for fiscal years 2003 and 2004 by June 15,
2005, and those sections that use the words "anticipate," "hope,"
"estimate," "project," "intend," "plan," "expect," "believe" and
similar expressions are intended to identify forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements involve known
and unknown risks and uncertainties, which could cause the actual
results, performance or achievements of the company to be
materially different from those that may be expressed or implied.
Please refer to the Company's risk factors as set forth in the
company's filings with the Securities and Exchange Commission,
including its reports on Forms 10-KSB and 10-QSB.
Safety First Trust Principal-Protected Certificates Linked TO A U.S.-Europe-Japan Basket (AMEX:ATA)
Historical Stock Chart
From Jun 2024 to Jul 2024
Safety First Trust Principal-Protected Certificates Linked TO A U.S.-Europe-Japan Basket (AMEX:ATA)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Safety First Trust Principal-Protected Certificates Linked TO A U.S.-Europe-Japan Basket (American Stock Exchange): 0 recent articles
More Apogee Technology News Articles