Company discloses information previously disclosed in 10-K
NEW YORK, April 17 /PRNewswire-FirstCall/ -- Fusion Telecommunications International, Inc. (AMEX:FSN), announced today, as per Amex Company Guide Section 610(b), that its financial statements for the fiscal year ended December 31, 2007, included in the Company's Form 10-K filed on March 31, 2008, again contained a going concern qualification from its independent accounting firm, Rothstein, Kass and Company, P.C.
This press release, required by the American Stock Exchange as an additional disclosure requirement of this information that the Company previously made public in its Form 10-K on March 31, 2008, in no way affects the release of Financial Earnings for the 4th quarter and year end 2007, also made on March 31, 2008. The Company has 2008 initiatives that are underway to alleviate the going concern issue.
About Fusion: Fusion provides voice services over the Internet (Voice over Internet Protocol or VoIP) to corporations, consumers, and communications carriers worldwide, focusing on international calling. For more information please go to http://www.fusiontel.com/.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050705/NYTU073LOGO ) Statements in this Press Release that are not purely historical facts, including statements regarding Fusion's beliefs, expectations, intentions or strategies for the future, may be "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the plans, intentions and expectations reflected in or suggested by the forward-looking statements. Such risks and uncertainties include, among others, introduction of products in a timely fashion, market acceptance of new products, cost increases, fluctuations in and obsolescence of inventory, price and product competition, availability of labor and materials, development of new third-party products and techniques that render Fusion's products obsolete, delays in obtaining regulatory approvals, potential product recalls and litigation. Risk factors, cautionary statements and other conditions which could cause Fusion's actual results to differ from management's current expectations are contained in Fusion's filings with the Securities and Exchange Commission and available through http://www.sec.gov/.
FUSION Philip Turits
CONTACT: 212-201-2407
http://www.newscom.com/cgi-bin/prnh/20050705/NYTU073LOGO DATASOURCE: Fusion Telecommunications International, Inc.
CONTACT: Philip Turits of Fusion, +1-212-201-2407, Web site: http://www.fusiontel.com/
|