KANSAS CITY, Mo., June 16 /PRNewswire-FirstCall/ -- American Italian Pasta Company (Pink Sheets: AITP.PK), the largest producer of dry pasta in North America, announced today the filing of its Annual Report on Form 10-K for its fiscal year 2005. The filing includes the restatement of the Company's historical financial statements for fiscal 2004 and prior years. The Company's independent auditors are completing the review of financial statements for fiscal years 2006 and 2007 and the Company will file the Annual Report on Form 10-K for these two years as soon as possible.
"We are pleased to have this important filing behind us and to be in a position to devote our energies toward continuing to build on our progress and to continue to move the company forward in a positive direction," said Jack Kelly, CEO of AIPC. "Over the past nearly three years, AIPC has charted a successful course, under strong leadership, through the support of our outstanding board and with financial integrity as a cornerstone. We have improved our operations, strengthened our financial position, executed on our plans and built a strong foundation for the future."
ABOUT AIPC
Founded in 1988 and based in Kansas City, Missouri, American Italian Pasta Company is the largest producer of dry pasta in North America. The Company has four plants that are located in Excelsior Springs, Missouri; Columbia, South Carolina; Tolleson, Arizona and Verolanuova, Italy. The Company has approximately 600 employees located in the United States and Italy.
