Network Installation Reports Late 10-KSB Filing; Temporary Ticker Symbol Change
April 22 2005 - 8:53AM
PR Newswire (US)
Network Installation Reports Late 10-KSB Filing; Temporary Ticker
Symbol Change IRVINE, Calif., April 22 /PRNewswire-FirstCall/ --
Network Installation Corp. (OTC:NWKI) (BULLETIN BOARD: NWKI)
announced today that that its audit for the fiscal year ended
December 31, 2004 is still being completed. However, the Company
has been advised by its auditing firm of Jaspers Hall &
Johnson, which was retained late in the process, that the audit is
near completion. Network Installation Chairman Michael Novielli
stated, "Jaspers, Hall & Johnson was appointed by our board of
directors in February, just two months ago. Generating an audit is
an exhaustive effort under the best of circumstances, let alone
through a very limited window. However, our auditors have just
indicated to us they are nearly completed and subsequently we will
have our 10-KSB filed in very short order." Beginning on Friday,
April 22nd, 2005, the shares of Network Installation common stock
will trade temporarily under the ticker 'NWKIE'. Once the Company
files its 10-KSB with the SEC, the 'E' will be removed and the
shares will resume trading again under the normal symbol "NWKI".
Shareholders with any questions are encouraged to contact Mr.
Novielli at (845) 575-6770. About Network Installation Network
Installation Corp. provides communications solutions to the Fortune
1000, Government Agencies, Municipalities, K-12 and Universities
and Multiple Property Owners. These solutions include the design,
installation and deployment of data, voice and video networks as
well as wireless networks including Wi-Fi and WiMax applications
and integrated telecommunications solutions including Voice over
Internet Protocol (VoIP) applications. To find out more about
Network Installation Corp. (OTC:NWKI) (BULLETIN BOARD: NWKI) ,
visit our corporate website at
http://www.networkinstallationcorp.net/. The Company's public
financial information and filings can be viewed at
http://www.sec.gov/. Forward Looking Statements This release
contains forward-looking statements, including, without limitation,
statements concerning our business and possible or assumed future
results of operations. Our actual results could differ materially
from those anticipated in the forward-looking statements for many
reasons including: our ability to continue as a going concern,
adverse economic changes affecting markets we serve; competition in
our markets and industry segments; our timing and the profitability
of entering new markets; greater than expected costs, customer
acceptance of wireless networks or difficulties related to our
integration of the businesses we may acquire; and other risks and
uncertainties as may be detailed from time to time in our public
announcements and SEC filings. Although we believe the expectations
reflected in the forward-looking statements are reasonable, they
relate only to events as of the date on which the statements are
made, and our future results, levels of activity, performance or
achievements may not meet these expectations. We do not intend to
update any of the forward-looking statements after the date of this
document to conform these statements to actual results or to
changes in our expectations, except as required by law. For further
information, please contact: Michael Novielli, Chairman, Network
Installation Corp., , ph (845) 575-6770. DATASOURCE: Network
Installation Corp. CONTACT: Michael Novielli, Chairman of Network
Installation Corp., +1-845-575-6770, Web site:
http://www.networkinstallationcorp.net/
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