Exhibit 99.1
Corporate Headquarters | ||||||||
40W267 Keslinger Road | ||||||||
PO Box 393 | ||||||||
For Details Contact: | LaFox, IL 60147-0393 | |||||||
Ed Richardson | David J. DeNeve | USA | ||||||
Chairman and Chief Executive Officer | Senior Vice President and | Phone: (630) 208-2200 | ||||||
Richardson Electronics, Ltd. | Chief Financial Officer | Fax: (630) 208-2550 | ||||||
Phone: (630) 208-2340 | Richardson Electronics, Ltd. | |||||||
E-mail:info@rell.com |
Richardson Engages Ernst & Young LLP as Independent Auditors
LaFox, IL, Wednesday, September 14, 2005:Richardson Electronics, Ltd. (NASDAQ: RELL) today announced that its Audit Committee of the Board of Directors engaged Ernst & Young LLP (“E&Y) as its independent registered public accounting firm to audit the Company’s financial statements for the fiscal year ending June 3, 2006.
The change in auditors was not the result of any disagreement between the Company and its former auditors, KPMG LLP, on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.
About Richardson Electronics
Richardson Electronics, Ltd. is a global provider of “engineered solutions,” serving the RF and wireless communications, industrial power conversion, security and display systems markets. The Company delivers engineered solutions for its customers’ needs through product manufacturing, systems integration, prototype design and manufacture, testing and logistics. Press announcements and other information about Richardson are available on the World Wide Web athttp://www.rell.com/investor.asp.