NPSI North Pittsburgh Systems (MM)

North Pittsburgh Systems, Inc. (NPSI) (NASDAQ:NPSI) is pleased to note that FORBES.com recently reported the Company among the list of U.S. companies with the best accounting and governance practices.(a) Compiled by Los Angeles-based research firm Audit Integrity, the list was culled from 8,000 U.S. public companies whose market values exceed $250 million. According to Audit Integrity, which does research on corporate governance best practices, these American companies "showed the highest degree of accounting transparency and fair dealing to stake-holders during 2006." The study that generated this list employed financial and non-financial factors associated with the monitoring of fraud or financial misrepresentation, and yielded an �Accounting and Governance Risk� score for each company. Per the FORBES.com story, Audit Integrity notes that keeping good books is more than a matter of doing �the right thing,� it is a profitable way to conduct business. Specifically, the firm noted, "We have also found a significant and persistent link between integrity and market returns." �This notable commendation is an honor for which we are justifiably proud, and one that validates 100 years of business integrity,� said Bill Barthlow, NPSI�s Chief Operating Officer. �The fellow awardees represent a �Who�s Who� of America�s most admired business entities. We are absolutely flattered to be considered in their good company.� About North Pittsburgh Systems, Inc. North Pittsburgh Systems, Inc. (NPSI) was formed in 1986, employs over 300 personnel with $100+ million in annual revenue, and is listed on the NASDAQ exchange (symbol: NPSI). The corporation owns and operates North Pittsburgh Telephone Company, Penn Telecom, Inc., and Pinnatech, Inc. d/b/a Nauticom Internet Services. Collectively these companies comprise one of the 25 largest telecommunications companies in the United States. We provide a wide range of communication services to residential and commercial customers throughout Western Pennsylvania. North Pittsburgh Telephone Company (NPTC): NPTC, an independent local exchange carrier that recently celebrated its Centennial, offers both traditional and advanced communication services to customers located within its serving area north of Pittsburgh, PA. The portfolio of advanced communication options ranges from high-speed Internet access to Metro Ethernet service and IP-based voice calling. Penn Telecom, Inc. (PTI): A Competitive Local Exchange Carrier and an Interexchange Carrier, PTI offers enterprise customers a range of services including local dial tone, long distance, and toll-free voice services, along with broadband service and hosted network applications. These products are delivered from PTI�s broadband optical network and accessed from serving offices located throughout the Pittsburgh metropolitan region. Nauticom Internet Services: Nauticom is among the original, and largest, Internet Service Providers in western Pennsylvania. The Company offers Internet solutions � including broadband access, hosting, and website development � for both residential and commercial applications, within and outside the Pittsburgh region. (a)http://www.forbes.com/2007/03/26/companies-accounting-governanc e-lead-cx_pm_0327trusty.html (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field.��Remove the extra space if one exists.) http://www.auditintegrity.com/methodology/