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MDTH » Topics » Ratification of Appointment of Independent Accountants

This excerpt taken from the MDTH DEF 14A filed Jan 28, 2005.
Ratification of Appointment of Independent Accountants

      The audit committee of the board of directors has selected Deloitte & Touche LLP to serve as the Company’s independent auditors for the fiscal year ending September 30, 2005. Representatives of Deloitte & Touche LLP are expected to be present at the annual meeting, will have the opportunity to make a statement if they desire to do so, and are expected to be available to respond to appropriate questions.

      Approval by the stockholders of the selection of independent auditors is not required, but the audit committee believes that it is desirable to submit this matter to the stockholders. If holders of a majority of the common stock present and entitled to vote on the matter do not approve the selection of Deloitte & Touche LLP at the meeting, the audit committee will investigate the reason for the rejection and reconsider the appointment.

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