Global Power Equipment Group Inc. Delays Filing of Its Form 10-Q for the Quarter Ended June 30, 2006
August 09 2006 - 5:30PM
PR Newswire (US)
TULSA, Okla., Aug. 9 /PRNewswire-FirstCall/ -- Global Power
Equipment Group Inc. (NYSE:GEG) today announced that it will delay
the filing of its Form 10-Q for the quarter ended June 30, 2006. As
previously reported, the Company delayed the filing of its Form
10-K for 2005 due to additional time required for review and
completion of its previously announced restatement, as well as for
a review of contract cost reporting issues in connection with
several projects in the Company's Heat Recovery segment. As a
result, and as previously reported, the Company also delayed the
filing of its Form 10-Q for the quarter ended March 31, 2006. As
soon as practicable after completion and filing of its Form 10-K
for 2005, on which it is moving forward as expeditiously as
possible, the Company will be able to file its Form 10-Q for the
quarter ended March 31, 2006, and its Form 10-Q for the quarter
ended June 30, 2006. About Global Power Equipment Group Oklahoma
based Global Power Equipment Group Inc. is a leading design,
engineering and manufacturing firm providing a broad array of
equipment and services to the global energy, power infrastructure
and process industries. The Company designs, engineers and
manufactures a comprehensive portfolio of equipment for gas turbine
power plants and power-related equipment for industrial operations,
and has over 30 years of power generation industry experience. The
Company's equipment is installed in power plants and in industrial
operations in more than 40 countries on six continents and
believes, in its product lines, it has one of the largest installed
bases of equipment for power generation in the world. In addition,
the Company provides its customers with value-added services
including engineering, retrofit, maintenance, repair and general
plant services. Additional information about Global Power Equipment
Group may be found at http://www.globalpower.com/ . Company
Contacts: Joseph Y. Kuo Partner Kekst & Company Tel: (212)
521-4800 Email: John M. Matheson Executive Vice President and Chief
Operating Officer Global Power Equipment Group Inc. Tel: (918)
488-0828 Email: DATASOURCE: Global Power Equipment Group Inc.
CONTACT: Joseph Y. Kuo, Partner of Kekst & Company,
+1-212-521-4800, or , for Global Power Equipment Group Inc.; or
John M. Matheson, Executive Vice President and Chief Operating
Officer of Global Power Equipment Group Inc., +1-918-488-0828, or
Web site: http://www.globalpower.com/
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