Southwall's audit committee approved the appointment of BPM following a review the company's current audit requirements and the qualifications and fees of both BPM and several other accounting firms. BPM will replace PricewaterhouseCoopers effective immediately.
"BPM is an excellent choice for a company of our size and with our auditing requirements," said Maury Austin, Southwall's Chief Financial Officer. "PricewaterhouseCoopers has been a great partner to Southwall over the years and I would like to take this opportunity to thank them for their support."
For a more detailed description of the company's relationship with PricewaterhouseCoopers, please refer to Southwall's Form 8-K, which was filed with the Securities and Exchange Commission on August 23, 2004.