Key Developments For Telestone Technologies Corporation
Telestone Technologies Corporation (TSTC.O) (Consolidated Issue listed on NASDAQ Global Market)
Telestone Technologies Corporation Reaffirms FY 2009 Revenue Guidance
Telestone Technologies Corporation announced that it has reaffirmed fiscal 2009 revenue guidance of $70.0 million.
The U.S. Federal Communications Commission Approved WFDS Technology Developed by Telestone Technologies Corporation
Telestone Technologies Corporation announced that its Wireless Fiber Distribution System (WFDS) passed all testing procedures of the U.S. Federal Communications Commission (FCC), including all of the existing 2G and 3G systems in the U.S. The WFDS system had a successful debut at the April 2009 CTIA trade show in Las Vegas. After the trade show, Telestone assembled a special team for the sole purpose of completing the FCC certification process for the system's equipment. The FCC certification letter will not only apply to the U.S. market, but also to Telestone's WFDS products in Central and South America.
Telestone Technologies Corporation Announces QC CPA Group LLC As New Independent Auditor
Telestone Technologies Corporation announced that it has engaged QC CPA Group, LLC as its new independent registered public accounting firm, effective July 9, 2009. QC CPA Group, LLC replaces Mazars CPA Limited, which resigned on July 8 2009. The decision to use the new independent registered public accounting firm was recommended, authorized, and approved by the Company's Board of Directors. Telestone reports that there are no disagreements with Mazars CPA Limited on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure from the time of the initial engagement to its resignation, including the Company's recent fiscal year and the subsequent interim periods through July 8 2009.
Telestone Technologies Corporation Appoints Ms. Li Hong As New CFO-Form 8-K
Telestone Technologies Corporation reported in its Form 8-K that the Board of Directors of the Company decided to appoint Ms. Li Hong to replace Mr. Liu Dongping as the new Chief Financial Officer (CFO) on May 15, 2009.
Telestone Technologies Corporation Reiterates FY 2009 Guidance
Telestone Technologies Corporation announced that it is confident to reach its guidance for fiscal 2009.
