04.16.2008 - PENDLETON, Ind., /PRNewswire/ -- Remy International, Inc.
("Remy International" or the "Company"), a leading worldwide manufacturer,
remanufacturer, and distributor of heavy duty systems, starters and
alternators, locomotive products and hybrid technology today released its
Annual Report for 2007.
The Company emerged from Prepackaged Reorganization effective December
6, 2007, and adopted fresh-start reporting in accordance with The American
Institute of Certified Public Accountants; Statement of Position 90-7.
Accordingly, the Company's consolidated financial statements on or after
November 30, 2007 (emergence effective date) are basically those of a
different enterprise and are not comparable to its pre-emergence
consolidated financial statements.
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