DICUT, Inc. Appoints Tauber & Balser, P.C. as Auditors.Business Editors/High-Tech Writers MARIETTA, Ga.--(BUSINESS WIRE)--Jan. 30, 2003 DICUT, Inc., an advanced security solutions developer, today announced that its Board of Directors has appointed Tauber & Balser, P.C. to replace Beckstead & Watts as the company's independent accountants. Tauber & Balser, P.C., located in Atlanta, GA, will audit DICUT's 2002 consolidated financial statements Consolidated Financial Statements The combined financial statements of a parent company and its subsidiaries. Notes: Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they enable you to gauge and will be available to consult with the company on its accounting practices. DICUT shortened its fiscal 2002 from twelve operating months to nine operating months, moving its year-end to December 31, 2002 in order to better reflect calendar operations. DICUT selected Tauber & Balser, P.C. after a thorough evaluation process. The company's decision to change auditors was made as a result of DICUT being awarded the Department of Veterans Affairs Veterans Affairs is a term of the business that deals with the relation between a government and its veteran communities, usually administered by the designated government agency. , Patient Medical Information contract. It was decided that a firm of Tauber & Balser's size would be better suited to serve DICUT and meet the needs of the company's rapid sales growth. "We are thrilled to have Tauber and Balser as our independent auditors," said Pierre Quilliam, president and CFO See Chief Financial Officer. of DICUT. "Their experience in regards to tax matters and presentation of financial reports will have a positive impact on our corporation." J. Marc Welch, CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. , Audit Principal of Tauber & Balser, P.C. said, "We look forward to a long term and mutually beneficial professional association with DICUT, Inc." About DICUT Founded in 1994, DICUT Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). .BB: DCUT) is an advanced security solutions developer. DICUT provides security solutions thorough innovative technologies to both the public and private sectors. veriCentrix (vCx), DICUT's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , consists of the Security Services Group, vServ and the Software Solutions Group, vSoft. The veriCentrix division provides comprehensive solutions for an organization seeking to automate and simplify security. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. |
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