Orsus Xelent Reports Change of Independent Auditors
14 Agosto 2009 - 7:00AM
Marketwired
Orsus Xelent Technologies, Inc. (NYSE Amex: ORS), a designer and
manufacturer of award-winning mobile phones for the Asian market,
reported today that it has appointed Bernstein & Pinchuk LLP
(B&P) as the Company's new independent auditor effective from
August 10, 2009. B&P has replaced the Company's former
independent auditor PKF Hong Kong Certified Public Accounts (PKF)
which resigned as independent auditor of Orsus Xelent effective
from August 10, 2009.
The resignation of PKF and the appointment of B&P as the
successor auditor have been approved by the Audit Committee of the
Company.
"We are pleased to welcome B&P and look forward to working
with them to serve the best interests of our shareholders," stated
Mr. Guoji Liu, CEO of Orsus Xelent. He added that the Company
wished to thank PKF for the services it provided.
The audit report by PKF on the Company's consolidated financial
statements for each of the past fiscal years did not contain an
adverse opinion or disclaimer of opinion, and was not qualified or
modified as to uncertainty, audit scope or accounting
principles.
The Company and PKF have not had any disagreement on matters of
accounting principles or practices, financial statement disclosure,
or auditing scope or procedure for which disagreement if not
resolved to the satisfaction of PKF would have caused PKF to make
reference to the subject matter of the disagreement in connection
with its report. There were no reportable events between the
Company and PKF or between the Company and B&P.
About Orsus Xelent Technologies, Inc.
Incorporated in the State of Delaware and headquartered in
Beijing, China, Orsus Xelent Technologies, Inc. is an emerging
designer and manufacturer of award-winning mobile phones for the
Asian market, primarily the People's Republic of China ("PRC"). The
Company's business encompasses the design of mobile phones, related
digital circuits, and software development, and it is a recognized
pioneer in mobile phone integration technology. It introduced the
region's first wristwatch-style cellular phone, and it continues to
break new ground with state-of-the-art phones that include advanced
features such as fingerprint recognition and touch-screen displays.
The Company also is focused on developing and marketing, under its
Proxlink trademark, special application mobile phones for
specialized users in a wide variety of professions in business and
government. Since the Company's launch in 2004, it has established
"Orsus" as a popular brand and achieved a significant share of the
world's largest mobile phone market. It maintains more than 179
service call centers across the PRC, with additional offices in
Shanghai, Hong Kong, Shenzhen, and Tianjin. For more information,
please visit the Company's web site: www.orsus-xelent.com.
Information Regarding Forward-Looking Statements
Except for historical information contained herein, the
statements in this Press Release are forward-looking statements
that are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties, which
may cause our actual results in future periods to differ materially
from forecasted results. These risks and uncertainties include,
among other things, product demand, market competition, and risks
inherent in our operations. These and other risks are described in
our filings with the Securities and Exchange Commission.
Contact: Orsus Xelent Technologies, Inc. Guoji Liu Director
& CEO PRC: Tel: 010-85653777 Fax: 010-85653666 US: Ken
Donenfeld Tel: 212-402-7838 Fax: 646-381-9727 Press: Tel:
212-425-5700 Fax: 646-381-9727
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