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Velocity Express to Extend 10K Filing Date and Expects to Report Fiscal Year End Results on October 15, 2007.

Publication: Business Wire
Publication Date: 28-SEP-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Velocity Express to Extend 10K Filing Date and Expects to Report Fiscal Year End Results on October 15, 2007.(Financial report)

Article Excerpt
WESTPORT, Conn. -- Velocity Express Corporation (NASDAQ: VEXP), announced today that it intends to file a Form 12b-25 with the U.S. Securities and Exchange Commission requesting a 15-day extension to file its Annual Report on Form 10-K for the fiscal year ended June 30, 2007.

The Company is not able to file the Form 10-K by the prescribed filing date without unreasonable effort and expense for two reasons. First, because of the complexities associated with the accounting for the Company's acquisition...

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