Boston Communications Group, Inc. Updates Going Concern Opinion for 2005
21 Marzo 2006 - 9:32AM
PR Newswire (US)
BEDFORD, Mass., March 21 /PRNewswire-FirstCall/ -- Boston
Communications Group, Inc. (NASDAQ:BCGI), in compliance with NASDAQ
Marketplace Rule 435(b)(1)(B), today announced that, consistent
with the year ended December 31, 2004, the Company's independent
registered public accounting firm included a going concern
explanatory paragraph in its report on bcgi's consolidated
financial statements as of and for the fiscal year ended December
31, 2005 included in bcgi's Form 10-K filed with the Securities and
Exchange Commission on March 13, 2006. The basis for the going
concern modification reflects the uncertainty regarding the
realization of assets and the satisfaction of liabilities in the
normal course of business as a result of the Freedom Wireless
litigation. For information regarding management's plans in regard
to these matters, please see bcgi's Form 10-K. ABOUT THE COMPANY
bcgi delivers innovative products and services that enable mobile
operators and MVNOs worldwide to differentiate their offerings and
increase market penetration while reducing costs. Founded in 1988,
bcgi is a leader in identifying and addressing new market needs
with proven solutions, including prepaid and postpaid billing,
payments and access management. For more information, visit
http://www.bcgi.net/. DATASOURCE: Boston Communications Group, Inc.
CONTACT: Email inquiries - ; Investor Inquiries - Joe Calabrese,
Financial Relations Board, +1-212-827-3772 Web site:
http://www.bcgi.net/
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