Universal Automotive Engages New Independent Auditing Firm
2004年9月8日 - 9:45PM
PRニュース・ワイアー (英語)
Universal Automotive Engages New Independent Auditing Firm ALSIP,
Ill., Sept. 8 /PRNewswire-FirstCall/ -- Universal Automotive
Industries, Inc. (NASDAQ:UVSL) today announced it has engaged
Blackman Kallick Bartelstein, LLP (Blackman Kallick) as its new
independent auditing firm, effective September 3, 2004, succeeding
Ernst & Young, LLP, which has been the company's auditors since
2002. Robert Zimmer, chief financial officer of Universal
Automotive, said the change was based on a number of factors,
including the rising costs of auditing fees, particularly as
related to compliance with the Sarbanes-Oxley Act, and the relative
size of Universal Automotive compared to other clients of Ernst
& Young. Mr. Zimmer also noted that there have been no
disagreements with Ernst & Young concerning accounting policies
or other financial reporting issues. "We thank Ernst & Young
for its past service, we look forward to working with Blackman
Kallick, a firm that we believe is closely aligned with Universal
Automotive," Zimmer said. "We look forward to establishing a close,
constructive working relationship with Blackman Kallick as we
complete the integration of our recent acquisition and begin an
important, new period in our company's growth and development."
About Blackman Kallick Bartelstein, LLP Blackman Kallick
Bartelstein is one of the premier professional service firms based
in Chicago. The firm employs more than 200 professionals dedicated
to industries as diverse as manufacturing, construction, service,
not-for-profit, distribution, hospitality and insurance. Universal
Automotive Industries, Inc. Universal, headquartered in the Chicago
area, distributes and manufactures brake rotors and other brake
parts under its trademarks UBP - Universal Brake Parts, Evolution
and Ultimate in the United States and Canada and under its
proprietary Autospecialty, ValuMaxx and PowerStop brands. The
company also provides TRW-branded brake rotors and drums and
suspension products. DATASOURCE: Universal Automotive Industries,
Inc. CONTACT: Robert W. Zimmer of Universal Automotive Industries,
Inc., +1-708-293-4050, Ext. 227; or Roger S. Pondel or Robert
Jaffe, both of PondelWilkinson, +1-310-279-5980, for Universal
Automotive Industries, Inc.
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