AMSTERDAM, May 25, 2001 (PRIMEZONE) -- IFCO Systems N.V. ("IFCO Systems" or the "Company") (Frankfurt:IFE) (Nasdaq:IFCO) announced today the Deutsche Boerse AG (German Stock Exchange) approved the company's application for a renewed deadline extension for the publication of its financial statements for the year ending December 31, 2000 to June 30, 2001.
The company said the renewed deadline extension was necessary because the balance sheet implications of the planned sale of the pallet manufacturing division, in accordance with the US GAAP and SEC regulations, could not be clarified in time. IFCO Systems will make a detailed statement regarding this topic in its presentation of the operating results on June 26th, 2001. The First Quarterly Report 2001 will be published at the same time.