Donnkenny Inc. Designates Mahoney Cohen as New Independent Auditors.Business Editors NEW YORK--(BUSINESS WIRE)--Sept. 2, 2003 Donnkenny, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:DNKY) today announced that it has designated Mahoney Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. & Company, 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. , P.C., as the Company's independent auditors, subject to acceptance by Mahoney Cohen after completion of their internal procedures. Mahoney Cohen replaces Deloitte & Touche, LLP LLP - Lower Layer Protocol . Mahoney Cohen is a certified public accounting firm located in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Chief Executive Officer Daniel H. Levy stated: "The firm of Deloitte & Touche has served us with professional excellence and integrity. This change reflects our desire to better align our small-cap status with a local middle-market firm that specializes in the apparel industry. Ranked among the top 20 firms in New York, Mahoney Cohen comes highly recommended. The firm combines the experience and resources of a national firm with a local presence and middle-market focus, and we look forward to our association," he concluded. Donnkenny designs, manufactures, imports and markets a broad line of moderately priced women's sportswear and ladies coats. The Company's major labels include Pierre Cardin(R), Harve Benard(R), Donnkenny(R), Casey & Max(R) and Victoria Jones(R), as well as ladies coats under the Bill Blass(R), Bill Blass Signature(R) and Blassport(R) labels. Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the 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. provisions of 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. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in future periods to differ materially from forecasted results. Those risks include a softening of retailer or consumer acceptance of the Company's products or pricing pressures and other competitive factors. These and other risks are more fully described in the Company's 10-K and 10-Q filings with the Securities and Exchange Commission. |
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