APPLICATIONS
SGI announces change in auditors
SGI Audit Committee selects McGladrey & Pullen, LLP to provide shareholders with optimal mix of cost and quality: SGI today announced that the Audit Committee of its Board of Directors has selected McGladrey and Pullen, LLP to serve as its independent registered public accounting firm for the company's Fiscal Year 2009 ending June 26, 2009, subject to completion of McGladrey's client acceptance procedures. McGladrey replaces the company's previous independent registered accountants, KPMG LLP. "We want to thank KPMG for its dedicated service over the past two years as the company has undergone significant change," said Kathy Lanterman, SGI chief financial officer. "KPMG provided us with a quality audit, with no disagreements on accounting issues, disclosure or auditing standards. However, after completing a nationwide review, the Board of Directors has concluded McGladrey will provide our shareholders with the right combination of predictable cost and quality as we move forward into Fiscal Year 2009 and beyond." The change was recommended by the SGI Audit Committee and approved by the Board of Directors. SGI reported its decision to the Securities and Exchange Commission on Wednesday, October 1, 2008, in a Form 8-K filing.