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Biotech / Medical : Cell Therapeutics (CTIC)
CTIC 9.0900.0%Jun 26 5:00 PM EST

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From: tom pope9/2/2005 9:19:43 AM
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EDIT -- BTW that's not the Bianco we know and love. Are they related?

SEATTLE, Sept. 2 /PRNewswire-FirstCall/ -- Cell Therapeutics, Inc. (CTI) (NASDAQ: CTIC; Nuovo Mercato) announced today that Grant Thornton resigned effective August 31, 2005 as the Company's independent auditor. There were no disagreements between CTI and Grant Thornton on any matter of accounting principles or practice, financial disclosure, or audit procedures.

"We've had a good relationship with Grant Thornton and I am working with the Audit Committee to engage a new audit firm as soon as possible," stated Louis A. Bianco, Chief Financial Officer of CTI.

About Cell Therapeutics, Inc.

Headquartered in Seattle, CTI is a biopharmaceutical company committed to developing an integrated portfolio of oncology products aimed at making cancer more treatable. For additional information, please visit www.cticseattle.com.
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