Trans-Industries, Inc. Appoints Plante & Moran, PLLC as Independent Auditors
16 July 2004 - 7:15AM
PR Newswire (US)
Trans-Industries, Inc. Appoints Plante & Moran, PLLC as
Independent Auditors ROCHESTER HILLS, Mich., July 15
/PRNewswire-FirstCall/ -- Trans-Industries, Inc. (NASDAQ:TRNI),
today announced that the Audit Committee of the Board of Directors
has appointed Plante & Moran, PLLC as its independent auditors,
replacing Grant Thornton, LLP. The Audit Committee began the search
for qualified independent auditors immediately upon being advised
on May 18, 2004, by Grant Thornton that it would decline to stand
for reelection. After a thorough interview process, the Company
engaged Plante & Moran, PLLC, which will commence immediately
the review of the Company's quarterly financial information for the
period ended June 30, 2004. "We are pleased to have Plante &
Moran join us as our new independent auditors. We chose Plante
& Moran because we were impressed with their extensive
experience in providing audit services to major corporations and
look forward to the beginning of a long relationship with them,"
commented James O'Brien, Board member and Chairman of the Audit
Committee. Founded in 1924, Plante & Moran is the tenth largest
certified public accounting and management consulting firm in the
nation. Plante & Moran has offices throughout the Great Lakes
Region, and employs more than 1,300 staff members. About the
Company: The Company is a leading provider of lighting systems and
related components to the mass transit market as well as a supplier
of information hardware and software solutions on Intelligent
Transportation Systems (ITS) and mass transit projects. ITS
utilizes integrated networks of electronic sensors, signs and
software to monitor road conditions, communicate information to
drivers and help transportation authorities better manage traffic
flow across their existing infrastructures. Visit Trans-Industries
at http://www.transindustries.com/ . DATASOURCE: Trans-Industries,
Inc. CONTACT: Kai Kosanke, Chief Financial Officer of
Trans-Industries, +1-248-852-1990 Web site:
http://www.transindustries.com/
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