Change of Auditors

OPENTV RETAINS GRANT THORNTON: OpenTV Corp., a San Francisco-based developer of software used by cable and satellite TV operators to offer their subscribers interactive content and services, named Grant Thornton as its new independent accountant. Grant replaces Big Four firm KPMG.In a federal filing, OpenTV said that there were no disagreements with KPMG during the fiscal years ended Dec. 31, 2004 and 2005, and through June 29, 2006, on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures.

NATIONAL RETAIL PROPERTIES DISMISSES KPMG: National Retail Properties Inc., an Orlando, Fla.-based real estate investment trust, dismissed auditor KPMG and replaced it with Big Four rival Ernst & Young. According to a federal filing, KPMG's audit reports on National Retail Properties' consolidated financial statements for the years ended Dec. 31, 2004 and 2005, did not contain an adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles.

ALTIGEN COMMUNICATIONS JETTISONS DELOITTE: AltiGen Communications Inc., which designs, manufactures and markets Internet protocol telephony systems, dismissed its independent accountant, Deloitte & Touche.

At press time, a replacement auditor had not been named. The Fremont, Calif.-based company said that it dismissed its auditor for economic reasons. The financials for the years ended Sept. 30, 2004 and 2005, contained no adverse opinions or disclaimers of opinion.

CALAVO GROWERS CANS AUDITOR: Calavo Growers, a Santa Paula, Calif.-based procurer and marketer of avocados and other perishable foods, dismissed incumbent auditor Deloitte & Touche. D&T's reports on the company's financials for the years ended Oct. 31, 2004 and 2005, did not contain an adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principle. However, Deloitte issued an adverse opinion on management's assessment of the effectiveness of the company's internal controls over financial reporting, because of management's omission of a material weakness regarding the proper classification of cash flows.

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