| [April 16, 2004] |
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OrderPro Logistics Experiences Minor Filing Delay
TUCSON, Ariz. --(Business Wire)-- April 16, 2004 -- OrderPro Logistics (OTCBB:OPLO) recently announced that its report for year ending December 31, 2003 will be filed after the deadline. OrderPro Logistics has engaged a new auditing firm, Weinberg & Company, P.A., to provide documentation of all required SEC quarterly and annual reports. As a result of the change in firms, the new auditor was required to perform routine, but time intensive, due diligence on the previously submitted reports that were generated by OrderPro's previous auditor Marshall, CPA.
The new auditor, Weinberg & Company, P.A. has been working at OrderPro's Tucson headquarters and Transportation Units across the country during the past few months performing audits of the years 2001, 2002, and 2003. In addition, they have audited all of the acquisitions of OrderPro Logistics that occurred during that time frame. The extensive review has caused the firm to be a few days behind on the 2003 audit, so the deadline will not be met.
Richard Windorski, CEO stated, "We are not pleased to report the delay and understand the investor's need to have current financial information. We are however, confident that the quality work done by our new firm will be of significant benefit as we continue the fast paced execution of our business plan. OrderPro's transportation roll-up and other advances, while good for the Company and our investors, certainly contributed to the complexity of this audit by Weinberg & Company. We anticipate completion of the 2003 annual report well in advance of the deadline for reporting cycles. In the meantime, OrderPro Logistics continues to move forward and we will have important new developments to report in the near term."
About OrderPro Logistics, Inc.
OrderPro Logistics, Inc. is a customer-oriented provider of innovative and cost-effective logistics solutions for companies that ship products, as well as for freight carriers. To provide cost-effective and efficient delivery, OrderPro Logistics created proprietary web-enabled software to manage all transport/shipping processes, maximize inbound-outbound savings, and complete real-time logistics management services. With expertise and experience in transportation, logistics management, computer/Internet technology, and a philosophy of performance-based customer reward systems, OrderPro Logistics has proven that transportation brokerage/logistics management can be successful in a competitive marketplace. With a team of highly capable and experienced employees, the company works across functional lines to maximize efficiency and provide exceptional service to customers. See www.orderprologistics.com.
Forward-Looking Statements: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and are subject to numerous known and unknown risks and uncertainties, which could cause the company's actual results to differ materially from those as indicated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements and should review the company's SEC filings.
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