PPT Slide
The following information from Online Resources Corporation contains statements about future events and expectations of Online Resources, which are “forward-looking statements.” Any statement that is not a statement of historical fact may be deemed to be a forward-looking statement. These statements include:
- Forecasts of growth in and penetration of Online Resources’ financial institution customer base, increases in the number and pricing of transactions being processed by financial institution customers and the industry in general, and growth in the number of consumers using online banking and bill payment services;
- Statements regarding Online Resources’ plans for achieving greater profitability and its business outlook for 2005 and beyond;
- Statements regarding Online Resources longer-term profit targets, including but limited to user adoption rates, gross margin, and net margin targets;
- Statements regarding Online Resources’ cash position and its ability to cover operating losses; and
- Other statements, including statements containing words such as “anticipate,” “believe,” “plan,” “estimate,” “expect,” “seek,” “intend,” and other similar words that signify forward-looking statements.
Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Specifically factors that might cause such a difference include, but are not limited to the Company’s: history of losses; dependence on the marketing efforts of third parties; potential fluctuations in operating results; ability to make and successfully integrate acquisitions of new businesses; potential need for additional capital; potential inability to prevent systems failures and security breaches; potential inability to expand services and related products in the event of substantial increases in demand; competition; ability to attract and retain skilled personnel; reliance on patents and other intellectual property; exposure to the early stage of market adoption of the services it offers; exposure to the consolidation of the banking and financial services industry; and additional risks and uncertainties discussed in filings made by the company with the Securities and Exchange Commission, including those risks and uncertainties contained under the heading "Risk Factors" in the company's Form 10-K, latest 10-Q, and S-3 as filed with the Securities and Exchange Commission.
Investors, potential investors and other listeners are urged to consider these factors carefully in evaluating the forward looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are only made as of the date of this presentation and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.
Forward-looking Statements