Audit of Fiscal Years 1997, 1998 & 1999 Completed.Business Editors DALLAS--(BUSINESS WIRE)--June 29, 2000 1999 Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and 2000 Forms 10-Q Expected to be Filed by June 30, 2000 Dynamex Inc. (AMEX AMEX See: American Stock Exchange :DDN (Defense Data Network) An Internet-based global communications network created by the U.S. Department of Defense. In April 1996, users were moved to the more modern Defense Information Systems Network (DISN) made up of NIPRnet (Non-classified IP Router Network) and ) today announced the completion of BDO BDO Big Day Out (Australian music festival) BDO Banco de Oro (Philippines) BDO 1,4-Butanediol BDO British Darts Organisation BDO Block Development Officer BDO Big Dumb Object Seidman's audit of the fiscal years ending July 31, 1997, 1998 and 1999. The Company expects to file its Form 10-K for the year ended July 31, 1999 on Friday, June 30, 2000. The Company will issue a press release discussing the results of the audit and the contents of the Form 10-K in the near future. BDO Seidman BDO Seidman, LLP is the United States arm of BDO International, one of the largest accounting firms outside of the Big Four. History BDO Seidman, LLP was founded as Seidman and Seidman in New York City in 1910 by Maximillian L. Seidman. currently is completing their review of the financial statements for the three months and nine months ending April 30, 2000 in accordance with new SEC rules mandating independent auditor Independent Auditor An external auditor with a certified public accounting designation that qualifies him or her to provide an auditor's report. Notes: These auditors aren't affiliated with the company being audited. reviews of quarterly financial statements. The Company also expects to file its Forms 10-Q for the first three quarters of fiscal year 2000 on June 30, 2000. A press release discussing the results of the first three quarters will be issued by the Company following the filing of the Forms 10-Q. After the staff of the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. has had time to review the filings for compliance with the Exchange's continued listing guidelines, the Company anticipates trading in its common stock may resume in the near future. Rick McClelland, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , commented, "We are very pleased to announce the completion of the audit. We also wish to thank all of our employees involved in this process for their perseverance and dedication to the task at hand while continuing to grow the business and service our customers." Mr. McClelland continued, "Although we have been working through issues related to circumstances in the past, I want to assure our shareholders that in addition to navigating through this process, we have been aggressively managing the business with an eye to the future in order to rebuild shareholder value. That has not and will not change." The Company will host an investor conference call on Wednesday, July 5, 2000 at 1:00 p.m. Eastern time at (800) 399-5927. Anyone interested in receiving Dynamex press releases directly should email Jeff MacDowell at jeff.macdowell@dynamex.com with your name, company, and email address See Internet address. or fax number. The Form 10-K for the fiscal year ending July 31, 1999 and Forms 10-Q for the quarters ending October 31, 1999, January 31, 2000, and April 30, 2000 will be available online at www.dynamex.com under Company Profile and Investor Information, or at www.sec.gov/cgi-bin/srch-edgar?dynamex, or at www.freeedgar.com. Dynamex is a leading provider of same-day delivery and logistics services in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. Additional press releases and investor relations Investor relations The process by which the corporation communicates with its investors. information as well as the Company's internet e-commerce services package, dxNow(TM), is available at www.dynamex.com and www.dxnow.com. This release contains forward-looking statements which involve assumptions regarding Company operations and future prospects. Although the Company believes its expectations are based on reasonable assumptions, such statements are subject to risk and uncertainty, including, among other things, those that may arise during the completion of the Company's fiscal year 1999 audit or the preparation of restated financial statements for fiscal year 1997, fiscal year 1998, and each quarter commencing with the first quarter of 1997 (including the possibility that additional entries may be identified that impact the Company's financial results for the current and/or prior reporting periods or that there may be a change in the period in which certain of the adjustments are recorded), the possibility that the Company's stock will be delisted from the American Stock Exchange, any action resulting from defaults under the Company's bank credit agreement, the outcome of the shareholder class action and SEC inquiry, acquisition strategy, competition, foreign exchange, and risks associated with the local delivery industry. These and other risks are mentioned from time to time in the Company's filings with the Securities and Exchange Commission. In light of such risks and uncertainties, the Company's actual results could differ materially from such forward-looking statements. Prior to the filing of periodic reports relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the restatement, the Company does not undertake any obligation to publicly release any revision to any forward-looking statements contained herein to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Caution should be taken that these factors could cause the actual results to differ from those stated or implied in this and other Company communications. |
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