BROKEN ARROW, Okla., Jan. 27 /PRNewswire-FirstCall/ -- ADDvantage Technologies Group, Inc. (AMEX:AEY), announced today that its Audit Committee of the Board of Directors appointed Hogan & Slovacek, a member of the BDO Seidman Alliance, as the Company's new independent registered public accounting firm, effective February 2006.
ADDvantage's current auditing firm, Tullius Taylor Sartain & Sartain LLP, will step down upon completion of its review of the Company's first quarter fiscal 2006 reporting period, ended December 31, 2005. On January 17, 2006, Tullius Taylor Sartain & Sartain LLP notified ADDvantage's Audit Committee that its recent decision to resign the account was not the result of any disagreement between the Company and Tullius Taylor Sartain & Sartain LLP on matters of accounting principles or practices, financial statement disclosure or auditing scope or procedures.
About ADDvantage Technologies Group ADDvantage Technologies Group, Inc. supplies the cable television (CATV) industry with a comprehensive line of system-critical network equipment and hardware, and nationwide technical repair through its subsidiaries, Tulsat, Tulsat-Nebraska, NCS Industries, ComTech Services, Tulsat-Texas, Tulsat- Atlanta and Jones Broadband International.
The products ADDvantage offers are used to acquire, distribute, and protect the broad range of communications signals carried on fiber optic, coaxial cable and wireless distribution systems. These products are sold to customers in the CATV industry who provide an array of communications services, including television, high-speed data (Internet) and telephony, to single-family homes, apartments and institutions such as hospitals, prisons, universities, schools, cruise ships and others. For more information, please visit the corporate web site at http://www.addvantagetech.com/.
The information in this announcement may include forward-looking statements. All statements, other than statements of historical facts, which address activities, events or developments that the Company expects or anticipates will or may occur in the future, are forward-looking statements. These statements are subject to risks and uncertainties, which could cause actual results and developments to differ materially from these statements. A complete discussion of these risks and uncertainties is contained in the Company's reports and documents filed from time to time with the Securities and Exchange Commission. First Call Analyst: FCMN Contact: DATASOURCE: ADDvantage Technologies Group, Inc.
CONTACT: Ken Chymiak, +1-9l8-25l-2887, or David Chymiak, +1-9l8-25l-2887, both of ADDvantage Technologies Group, Inc.; or Michael Cimini, +1-212-896-1233, , or Garth Russell, +1-212-896-1250, , both of KCSA Worldwide, for ADDvantage Technologies Group, Inc.
Web site: http://www.addvantagetech.com/
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