CyberGuard Corporation Announces Appointment of PricewaterhouseCoopers, LLP.FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Oct. 19, 1998--CyberGuard Corporation (Nasdaq:CYBGE), a leading provider of network security and eCommerce solutions, today announced that PricewaterhouseCoopers, LLP LLP - Lower Layer Protocol (PwC) has been engaged as CyberGuard's 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. . "Our relationship with PwC will allow us to quickly address and begin resolving the accounting issues that have come to light and complete our reporting requirements with the SEC," noted Shelly James, Chairman of CyberGuard Corporation. "We are looking forward to focusing on customers, returning shareholder value and continuing to be recognized for our technology leadership in the network security products market." About PricewaterhouseCoopers PricewaterhouseCoopers (www.pwcglobal.com), the world's largest professional services organization, helps its clients build value, manage risk and improve their performance. Drawing on the talents of more than 140,000 people in 152 countries, PricewaterhouseCoopers provides a full range of business advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal to leading global, national and local companies and to public institutions. These services include audit, accounting and tax advice; management, information technology and human resource consulting Services Provided Human Resource Consulting firms provides advice to their clients regarding the financial and retirement security, health, productivity, and employment relationships of their global workforce. ; financial advisory services including mergers & acquisitions, business recovery, project finance and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. support; business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in services; and legal services legal services n. the work performed by a lawyer for a client. through a global network of affiliated law firms. About CyberGuard CyberGuard Corporation is a leading provider of enterprise security and electronic commerce solutions to Fortune 1000 companies and governments worldwide. CyberGuard's award winning, industrial-strength firewall and certificate authority products and services protect the integrity of data and applications from unauthorized access. The company has world headquarters in Fort Lauderdale, Florida Fort Lauderdale, known as the "Venice of America" due to its expansive and intricate canal system, is a city in Broward County, Florida, United States. The city's population is described as metropolitan, where diverse culture is commonplace. According to 2006 U.S. and branch offices worldwide. More information on CyberGuard Corporation can be found at http://www.cyberguard.com and http://www.tradewave.com Forward Looking Statements Statements regarding estimates and future prospects contained in this press release are forward looking statements. These statements are based upon assumptions and analyses made by the Company in light of current conditions, future developments, and other factors the Company believes are appropriate in the circumstances, or information obtained from third parties, and are subject to a number of assumptions, risks and uncertainties. Readers are cautioned that forward-looking statements are not guarantees and that actual results might differ materially from those suggested in the forward-looking statements. NOTE TO EDITORS: More information on CyberGuard products and services is available through an email request to info@mail.cybg.com and from CyberGuard's web site at www.cyberguardcorp.com. For copies of recent press releases via fax, at no charge, call 800/344-4297. |
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