Mr. Johnson continued: “We decided not to proceed with our previously announced acquisition of Flash Ventures, Inc., as we were unable to reach a definitive agreement on mutually acceptable terms. However, we remain focused on leveraging our core competencies and developing distribution channels. We are looking carefully at technology joint ventures and acquisitions that focus on consumer electronic accessory technologies. We will continue to evaluate potential acquisitions when they are in your company’s best interests.“We believe there is significant opportunity for further progress in Fiscal 2011 as we look to expand and diversify our product lines, distribution channel, and customer base, with the purpose of positioning the Company as a leader in technology accessory offerings, and we look forward to updating you on our progress.”
Forward Reports Fiscal 2011 Second Quarter Results
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