Washington (March 7, 2002) - A Utah CPA who the Securities and Exchange Commission charged with contributing to Itex Corp.'s downfall by failing to skeptically look over the company's financial statements, has been barred from practice for at least three years.

CPA Kevin Andersen audited the barter and business services company's financial statements from 1992-1997 and gave the company unqualified opinions during that time period, although the company eventually had to restate its financials for 1996 and 1997.

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