American Basketball Association, Inc. Selects Accounting Firm
January 25 2007 - 9:13AM
PR Newswire (US)
INDIANAPOLIS, Jan. 25 /PRNewswire-FirstCall/ -- The American
Basketball Association, Inc. (ABA) (OTC:ABKB) (BULLETIN BOARD:
ABKB) has selected Somerset CPAs, P.C. (Somerset) as its
independent registered accounting firm. Somerset is a full-service
certified public accounting and professional services firm with
approximately 130 employees and is located in Indianapolis,
Indiana. Somerset is an alliance member of the BDO Seidman
Alliance, a nationwide association of independently-owned
accounting and consulting firms sharing a dedication to exemplary
client service. As an independent Alliance member, Somerset has
access to the resources and technical knowledge to one of the
world's largest accounting and consulting firms, with offices
throughout the United States. BDO Seidman, LLP is the U.S. member
firm of BDO International, one of the world's largest accounting
and consulting organizations comprised of nearly 600 member firm
offices in 99 countries and approximately 23,000 partners and
staff. Somerset has been registered, approved and listed with the
Public Company Accounting Oversight Board (PCAOB) since its
inception and participates in the PCAOB inspection process with
other registered accounting firms. For more information about
Somerset, please visit http://www.somersetcpas.com/. About the
American Basketball Association American Basketball Association,
Inc. is an Indiana corporation that is engaged in operating a
professional basketball league composed of teams in the United
States, Canada and Mexico. The ABA is innovative in its approach to
bring diverse, family-friendly, exciting basketball to true fans.
ABA also markets league-related merchandise and other products and
is developing or expanding media outlets and ancillary
entertainment businesses that complement the league's operations.
For more information about the ABA please visit
http://www.abalive.com/. To be added to the ABA news distribution
list please click here:
http://www.abalive.com/ir.html?b=1485&1-1. Safe Harbor
Statement This release contains forward-looking statements.
Forward-looking statements in this release are made pursuant to the
"safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned that such
forward-looking statements involve risks and uncertainties,
including without limitation, continued acceptance of the Company's
products, increased levels of competition for the Company, new
products and technological changes, the Company's dependence on
third-party suppliers, and other risks detailed from time to time
in the Company's periodic reports filed with the Securities and
Exchange Commission. The Company does not undertake to update
forward-looking statements in this news release to reflect actual
results, changes in assumptions or changes in other factors
affecting such forward-looking information. Assumptions and other
information that could cause results to differ from those set forth
in the forward-looking statement. DATASOURCE: American Basketball
Association, Inc. CONTACT: Joe Newman of American Basketball
Association, Inc., +1-317-844-7502 Web site:
http://www.somersetcpas.com/ Web site: http://www.abalive.com/
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