CALVERTON, N.Y., June 29, 2006 (PRIMEZONE) -- AdZone Research, Inc. (OTCBB:ADZR) announced today it has submitted a notification of late filing of its Form 10-KSB with the SEC.
As reported earlier, the company recently changed its auditing firm from Aidman, Piser & Co. of Tampa, Florida to Blanchfield, Meyer, Kober & Rizzo, LLP of Hauppauge, New York.
"Because of the transition in accounting firms," President and CEO Jeffrey M. Hale explained, "our previous auditor is required to review and to certify its previous findings compared with the current audit. Inevitably, this entire process has taken more time than initially anticipated.
"Concurrent with our filing of the 10-KSB, we will report to shareholders and the financial community overall our key financial figures -- both from a fully expensed reporting basis, and also from a cash basis. We look forward to communicating with everyone at that time."
About AdZone Research:
AdZone Research's monitoring capabilities are used to track a broad range of Internet-specific events. It is able to compile, analyze, and report Internet occurrences at a detailed level. The first application was tracking Internet advertising. This was followed, after the events of September 11, 2001, by identification and monitoring of a specific type of clandestine communication. Another application relates to stopping digital film piracy over the Internet. The latest application is the Online Predator Profiling System (OPPS), which is a database of chat room material married to a sophisticated query system that gives police forces an advanced tool to profile predators and accelerate the return of missing children.
This press release is available on the company's official online Investor Relations HUB at http://www.agoracom.com/IR/AdZone for investor questions, answers and monitored commentary. Alternatively, investors are able to e-mail all questions and correspondence to ADZR@agoracom.com where they can also request addition to the investor e-mail list.
For additional information on AdZone Research, please visit the company's Web site at http://www.adzoneresearch.com.
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.