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Ticker:NBSC
Company Name: New Brunswick Scientific Co., Inc.

Business Overview from 10-K filing for New Brunswick Scientific Co., Inc.:

On March 21, 2005, New Brunswick Scientific Co., Inc. announced that it would restate previously issued financial statements to correct for the misapplication of the Financial Accounting Standards Board ("FASB") Statement No. 133 "Accounting for Derivative Instruments and Hedging Activities" as it applies to three interest rate swaps that were entered into in 1999 and 2004 to fix the interest rates on variable rate debt incurred primarily for acquisitions in 1999 and 2003. The required adjustments did not affect income (loss) from operations or cash flow for any period. As a result of these adjustments, the Company restated the previously filed financial statements for the years ended December 31, 2001, 2002 and 2003 including the interim periods for 2003 and the interim periods ended April 3, 2004, July 3, 2004 and October 2, 2004.  g   

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