PPT Slide
Forward-Looking Statements
The following presentation contains predictions, estimates and other forward-looking statements related to the company’s anticipated financial performance (including revenues, expenses and margins), customer diversification, manufacturing facilities ramp-up and capacity, product pipeline, new product development and launch projections, expected customer acceptance of new products, manufacturing improvement efforts, and anticipated benefits of acquisitions. These statements are subject to risks and uncertainties and actual results may differ materially from any future performance suggested. The risks and uncertainties that may cause results to differ materially include: business and economic conditions and growth in the optical networking market, particularly since that market is new and unpredictable and characterized by rapid technological changes and evolving standards; competitive factors, such as an increase in the supply of products brought on from new companies entering the market, which may result in a decline in demand for the company’s products; the company’s ability to accurately predict revenues from sales of its products in the amounts and time frames indicated, particularly since the company has only recently begun selling fiber optic products to the telecommunications industry; the company’s ability to successfully execute on aggressive manufacturing ramps, particularly in its new facilities in the Peoples Republic of China, which in turn depends on the company’s ability to timely fit up manufacturing facilities, rapidly hire and train large numbers of people, and successfully complete customer qualifications of new production sites; the company’s ability to achieve improved manufacturing efficiencies, particularly in the manufacture of its fiber optic products, which in turn depends on the company’s ability to obtain higher manufacturing yields, improved labor productivity, better material utilization, and execute on its plans for automation of manufacturing processes and implementation of manufacturing management systems; the company’s ability to quickly reduce spending if its revenue is lower than anticipated, given that many of its expenses are fixed in the short term and the company has limited meaningful historical financial data upon which it can plan future operating expenses; the company’s ability to effectively transfer products from research and development to manufacturing; the company’s ability to develop product enhancements or introduce new products that meet the needs of its customers in the time frames identified; the company’s ability to successfully integrate its newly acquired companies and achieve expected synergies through those acquisitions.
Other risk factors that may affect the company’s financial performance are listed in the company’s S-1 registration statement for its secondary public offering on file with the SEC. New Focus undertakes no obligation to publicly release any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof of to reflect the occurrence of unanticipated events.