CT Holdings, Inc. Announces Change of Accountants.Business Editors DALLAS--(BUSINESS WIRE)--April 28, 2000 CT Holdings, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Small Caps See Small capital :CITN) today announced that it has hired Ernst & Young LLP LLP - Lower Layer Protocol as its new independent public accountants for fiscal year 2000. Ernst & Young serves as the independent public accountants for CT Holdings' subsidiary, How2.com, Inc., and CT Holdings believes that using one firm to provide audit services is in the best interest of the Company. In connection with the engagement of Ernst & Young, the independent public accountants previously engaged by the Company, Grant Thornton LLP  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . , were dismissed. "Ernst & Young is a leading accounting firm in the high tech field, and we are excited about the extensive experience that they will bring to CT Holdings," said Steve Solomon, 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. of CT Holdings. "In addition to performing duties as CT Holdings' independent auditors 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. , we believe that Ernst & Young will be an invaluable resource to us as we expand our investments into other companies." About CT Holdings CT Holdings, Inc. is an incubator for early stage B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business companies (www.ct-holdings.com). CT Holdings' Internet subsidiary, How2.com (www.how2.com), provides online, outsourced post-purchase customer care solutions. This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , which involve risks and uncertainties. Accordingly, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statement. There are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company. These factors include the Company's and its subsidiary's success in integrating the business and operations of acquired companies; implementation of Internet strategies; the activities of new or existing competitors; the ability to attract and retain employees and strategic partners; the availability of capital on terms acceptable to the Company; and general economic conditions. Investors are also directed to consider other risks and uncertainties discussed in documents filed by the company with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. |
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