AUSTIN, TEXAS, October 23 /CNW/ - Motive, Inc. (OTC: MOTV), a leading
provider of management software for broadband and mobile data services, said
today that it has appointed BDO Seidman, LLP as the company's new independent
auditor, effective as of October 17, 2007.
BDO Seidman, LLP is a major accounting firm with more than 30 offices and
250 independent alliance firm locations nationwide. It is a member of BDO
BDO Seidman succeeds Ernst & Young, who, as previously disclosed, was
dismissed by Motive on July 27, 2007.
"We are pleased to engage BDO Seidman as our new independent auditor,"
said Alfred Mockett, Motive's Chairman and Chief Executive. "This is another
positive step in resolving Motive's historical issues."
About Motive, Inc.
Motive provides service management software for broadband and mobile data
services. Motive's software is helping wireline, wireless, cable and satellite
operators worldwide deliver a new generation of IP-based services that
seamlessly integrate voice, video and data into a single, connected
experience. With Motive, operators can leverage one service management
platform to automate and remotely manage key customer touch points throughout
the service lifecycle, across multiple services, networks and devices. The
result is a consistent, unified experience for both customers and service
providers that increases revenues from new and converged services, reduces
fulfillment and support costs, and drives greater customer satisfaction and
Motive and the Motive logo are trademarks or registered trademarks of
Motive, Inc. All other products or services mentioned herein are trademarks of
their respective holders.
This press release contains certain forward looking statements, within
the meaning of the federal securities laws, which are identified by the use of
the words "believes", "expects", "anticipates", "will", "contemplates",
"would", "should", "may", "estimate", "intend", "plan" and similar expressions
that contemplate future events. These forward-looking statements are subject
to risks and uncertainties that could cause our actual results or performance
to differ materially from that indicated in the forward-looking statements.
These risks and uncertainties include, but are not limited to, our ability to
timely complete the restatement of our historical financial results and timely
complete our financial statements for the years ended December 31, 2005 and
December 31, 2006 and for interim periods since December 31, 2006, the ability
of our new independent accounting firm to complete its audits and reviews of
our financial statements, our ability to complete and file our delinquent SEC
reports, the fact that our historical financial results are not finalized and
are subject to change, the outcome of an ongoing SEC investigation, the
outcome of pending securities and shareholder derivative litigation, and those
additional risk factors and uncertainties discussed in our filings with the
SEC, which are available at www.sec.gov. Statements included in this press
release are based upon information known to us as of the date of this press
release, and we assume no obligation to update any information contained in
this press release.
For further information:
For further information: Investors: Motive, Inc. Mike Fitzpatrick,
512-531-1044 W 512-983-7065 M Mike.firstname.lastname@example.org or Media: The
Torrenzano Group Al Bellenchia, 212-681-1700 W 917-670-6665 M