This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

UniTek Global Services, Inc. Appoints Grant Thornton As New Independent Auditor

Stocks in this article: UNTK

BLUE BELL, Pa., Sept. 17, 2013 (GLOBE NEWSWIRE) -- UniTek Global Services, Inc. ("UniTek" or the "Company") (Nasdaq:UNTK), a premier provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, today announced that the Audit Committee of the Company's Board of Directors has approved the appointment of Grant Thornton LLP ("Grant Thornton") as its independent registered public accounting firm, effective September 16, 2013. Grant Thornton will perform independent audit services for the Company beginning with the three-month period ended March 31, 2013.

Ernst & Young LLP, the Company's previous independent registered public accounting firm, has agreed to work with Grant Thornton to facilitate an orderly transition.

"Since the filing of our 2012 Annual Report on Form 10-K last month, we have been focused on the completion of our financial statements for the first and second quarters of 2013 in addition to growing our business through exceptional service and innovative solutions," said Andrew Herning, Chief Financial Officer of UniTek. "The appointment of Grant Thornton reaffirms our commitment to providing our shareholders with the highest level of transparency in our financial reporting. Upholding this high standard is especially important as we focus on delivering a strong finish to the year."

Rocky Romanella, Chief Executive Officer of UniTek, added, "We have a tremendously dedicated team of enthusiastic and energetic staff who have been keenly focused on winning new business to support our future growth and success. Recently, our in-building wireless product, or Distributed Antenna System (DAS), was selected for installation in an existing premier office complex in Manhattan. This is an important win for us, and we anticipate future expansion in this area as we leverage the top-level talent of our crews, our state-of-the-art staging facility and expert project management capabilities to replicate these types of fully-integrated customer solutions for other DAS implementations across the country."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,672.60 -141.38 -0.79%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs