SCOTTSDALE, AZ, Nov. 22, 2013 /CNW/ - RDX Technologies Corporation ("RDX" or the "Company") (TSXV: RDX, OTCQX: RGDEF, FSE: RL7) a technology driven company operating in the waste water and energy
services industries, today announced that the Board of Directors has
approved a change of the Company's auditors.
Following the divestiture of its Canadian operations in September 2013,
the Company's current accountants, Ernst & Young LLP, located in
Vancouver, BCCanada, have resigned. With the Company's operations
located solely in the United States the Board of Directors has
appointed a U.S. based accounting firm to replace Ernst & Young, LLP.
Effective November 21, 2013, the Company's new auditors became Squar,
Milner, Peterson, Miranda & Williamson, LLP, certified public
accountants. Squar, Milner, Peterson, Miranda & Williamson, LLP is a
United States based accounting firm with head offices in Newport Beach,
California. Squar, Milner, Peterson, Miranda & Williamson, LLP is a
legally independent member of PKF North America, which is a member of
PKF International.
In addition to previous audit work related to acquisitions made by the
Company in the United States, Squar, Milner, Peterson, Miranda &
Williamson, LLP reviewed the Company's quarterly financial statements
for the three and six months ended September 30, 2013.
The Company will make the regulatory filings required under NI51-102 - Continuous Disclosure Obligations respecting its change of auditor within the next 30 days.
ON BEHALF OF THE BOARD OF DIRECTORS
"Dennis M. Danzik"
Dennis M. Danzik, CEO
danzikdirect@rdxh2o.com
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Forward-looking statements address future events and conditions and
therefore, involve inherent risks and uncertainties. Actual results may
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cautioned not to place undue reliance on forward-looking information,
as no assurances can be given as to future results, levels of activity
or achievements."
SOURCE RDX Technologies Corporation
<p> David Waldman at Crescendo Communications<br/> Investor Relations<br/> (212) 671-1021<br/> <a href="mailto:dwaldman@crescendo-ir.com">dwaldman@crescendo-ir.com</a> </p>