Security With Advanced Technology Reports Independent Auditors' Going Concern Qualification
April 18 2008 - 2:30PM
Marketwired
LOUISVILLE, CO , a provider of security products and services,
today announced that its financial statements for the year ended
December 31, 2007, which were included in its Annual Report on Form
10-KSB filed with the Securities and Exchange Commission on April
16, 2008, contained a going concern qualification from its
independent auditors, GHP Horwath, P.C. This announcement is being
made to comply with Nasdaq Marketplace Rule 4350(b)(1)(B), which
requires separate disclosure of receipt of an audit opinion that
contains a going concern qualification. This announcement does not
represent any change or amendment to SWAT's financial statements or
to its Annual Report of Form 10-KSB. Further information regarding
the going concern qualification is contained in SWAT's Annual
Report on Form 10-KSB for the year ended December 31, 2007.
About Security With Advanced Technology, Inc.
Security With Advanced Technology, Inc. is an emerging provider
of critical, high-tech security products and services, which
include non-lethal protection devices, tactical training services,
surveillance and intrusion detection systems and mobile digital
video surveillance solutions. SWAT's products and services are
designed for government agencies, military and law enforcement, in
addition to transportation, commercial facilities and non-lethal
personal protection segments. For additional information visit
www.swat-systems.com or call the corporate headquarters at (800)
498-7965. Information on SWAT's website does not comprise a part of
this press release.
Company Contacts: Jeff McGonegal CEO 303/ 475-3786 Greg Pusey
Chairman 303/ 722-4008
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