Natus Medical Appoints Deloitte & Touche LLP as New Auditors.SAN CARLOS San Carlos (săn kär`lōs), residential city (1990 pop. 26,167), San Mateo co., W Calif.; inc. 1925. The chief manufactures are plastic products, hardware, and machine parts. , Calif. -- Natus Medical Incorporated (Nasdaq:BABY) today announced that it has appointed Deloitte & Touche LLP LLP - Lower Layer Protocol as its new independent registered public accounting firm, replacing 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. , LLP. The decision to change auditors AUDITORS, practice. Persons lawfully appointed to examine and digest accounts referred to them, take down the evidence in writing, which may be lawfully offered in relation to such accounts, and prepare materials on which a decree or judgment may be made; and to report the whole, together was made by the Company's audit committee. Deloitte & Touche LLP had previously served for 10 years as the Company's auditors until, in September 2003, the Company decided to change auditors solely because the Company believed it might assist the consulting arm of Deloitte on a project awarded to Deloitte by a state agency. However, the Company ultimately did not provide services to Deloitte Consulting and a potential independence issue never arose. During the years ended December 31, 2004 and 2003, and the subsequent interim period through August 15, 2005, there were no disagreements between the Company and BDO Seidman, LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of BDO Seidman, LLP, would have caused them to make reference to the subject matter of the disagreement in connection with their reports on the financial statements of the Company for such years. About Natus Medical Natus develops, manufactures, and markets products for the detection, treatment, monitoring, and tracking of common disorders in newborns. Natus products are marketed under well-recognized brand names such as ALGO ALGO Algorithm (R), Neometrics(TM), Echo-Screen(R), and neoBLUE(R). Headquartered in San Carlos, California San Carlos is a city in San Mateo County, California, USA on the San Francisco Peninsula, about halfway between San Francisco and San Jose. It is an affluent small residential suburb located between Belmont to the north and Redwood City to the south. , Natus markets and sells its products worldwide through a direct sales force in the U.S. and the U.K., and through distributors in over 50 other countries. Additional information about Natus Medical can be found at www.natus.com. |
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