SAUSALITO, Calif.(BUSINESS WIRE) July 23, 2008Triton Distribution Systems, Inc. (OTCBB: TTDS)
Triton is fulfilling requirements and prepares for updated ticker status.
SAUSALITO, Calif. – July 23, 2008 – Triton Distribution Systems, Inc. (OTCBB: TTDS) today received from its Accounting Firm Moore, Stephens, Wurth, Frazer and Torbet, LLP, the following message:
“We have received the Company’s payment on all outstanding invoices and I have received approval from my partners to start working on the March 31st, 2008 and the June 30th, 2008 10Qs for Triton Distribution Systems, Inc.
Since the 10Q of March 31st, 2008 has been filed, please send us the trial balance and working papers for the Q so we can start working on this engagement. Please let us know when the trial balance and working papers for June 30th, 2008 10Q will be ready.”
Dean Yamagata, CPA., Managing Partner Moore, Stephens, Wurth, Frazer and Torbet, LLP.
Per this message, Triton Distribution Systems, Inc. is anticipating that the “E” distinction will be removed from its trading symbol in the next few days.
About Triton Distribution Systems
Triton Distribution Systems is a pioneer in low-cost, business-to-business, Internet-based travel distribution and procurement solutions. Triton provides the electronic distribution of travel inventory from airlines, car rental companies, hotels, tour and cruise operators, and other travel vendors to travel agencies and their clients on a global basis. Triton's proprietary products and services fill crucial needs in the travel industry, and offer product, pricing, and marketing advantages. Triton has developed a broad-based suite of products, including ReservationExpert™, TritonTwist™ and Red Dragon Express™ -- the world’s first distribution gateway to the Chinese market.
FORWARD-LOOKING STATEMENTS This news release includes forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
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