Trans-Industries, Inc. Announces Auditors Have Declined to Stand for Reelection
2004年5月25日 - 6:15AM
PRニュース・ワイアー (英語)
Trans-Industries, Inc. Announces Auditors Have Declined to Stand
for Reelection No Disagreements With Auditors on Accounting
Principles or Practices ROCHESTER HILLS, Mich., May 24
/PRNewswire-FirstCall/ -- Trans-Industries, Inc. today announced
that on May 18, 2004, the Company was advised by independent
auditors, Grant Thornton, LLP, that they have declined to stand for
reelection as the Company's independent auditors. On May 24, 2004,
Trans-Industries received a letter from Grant Thornton confirming
that the client-auditor relationship between Trans-Industries, Inc.
and Grant Thornton, LLP has ceased. In connection with the audits
of the Company's two most recent fiscal years ended December 31,
2002 and 2003 and for the period January 1, 2004 through April 30,
2004, the Company had no disagreements with Grant Thornton on any
matter of accounting principle practices, financial statement
disclosure, or auditing scope or procedure, which disagreements, if
not resolved to the satisfaction of Grant Thornton, would have
caused them to make reference to the subject matter of the
disagreements in connection with their reports on the consolidated
financial statements of the Company. Trans-Industries has had a
working relationship with Grant Thornton over the past 10 years
since their engagement in 1994 as Trans-Industries independent
auditors. The cessation of the client-auditor relationship between
Trans-Industries and Grant Thornton was not recommended or approved
by Trans-Industries Board of Directors, or by the Audit Committee
of Trans- Industries' Board of Directors. Trans-Industries' Audit
Committee has begun the process of conducting its search for and
interviewing new independent auditors. About the Company: The
Company is a leading provider of lighting systems and related
components to the mass transit market as well as a supplier of
information hardware and software solutions on Intelligent
Transportation Systems (ITS) and mass transit projects. ITS
utilizes integrated networks of electronic sensors, signs and
software to monitor road conditions, communicate information to
drivers and help transportation authorities better manage traffic
flow across their existing infrastructures. Visit Trans-Industries
at http://www.transindustries.com/ . Website:
http://www.transindustries.com DATASOURCE: Trans-Industries, Inc.
CONTACT: Kai Kosanke, Chief Financial Officer of Trans-Industries,
+1-248-852-1990
Copyright
Trans Industries (NASDAQ:TRNI)
過去 株価チャート
から 5 2024 まで 6 2024
Trans Industries (NASDAQ:TRNI)
過去 株価チャート
から 6 2023 まで 6 2024
Real-Time news about Trans-Industries (MM) (ナスダック市場): 0 recent articles
その他のTrans-Industries (MM)ニュース記事