Blackberry 2001 Annual Report Download - page 21

Forward-Looking Statements
Certain statements in this management’s discussion and analysis constitute “forward-looking statements”within
the meaning of the United States Private Securities Litigation Reform Act of 1995. These include statements
about management’s expectations, beliefs, intentions or strategies for the future, which are indicated by words
such as “anticipate, intend, believe, estimate, forecast and expect”and similar words. All forward-looking
statements reflect management’s current views with respect to future events and are subject to certain risks and
uncertainties and assumptions that have been made.
Risk Factors
Important risk factors that could cause actual results, performance or achievements to be materially different
from those expressed or implied by these forward-looking statements include:
•continued acceptance of RIM’s products
•ability to manage growth
•intense competition
•rapid technological change
•changes in the macroeconomic environment
•dependence on intellectual property rights
•product defects and product liability
•expansion of international operations
•recruitment and retention of as well as dependence upon key personnel
•uncertain continuing availability of government research and development incentives and other tax advantages, and
•others as detailed in RIM’s Final Prospectus dated October 26, 2000.
If one or more of these risks or uncertainties materialize, or if assumptions underlying the forward-looking
statements prove incorrect, actual results could vary materially from those that are expressed or implied by
these forward-looking statements.
Outlook
RIM’s strategy is to continue to extend its technical and market lead in the upcoming year. RIM intends to
extend its technology leadership by continuing to invest in core research and the development of next-generation
products and solutions as well as by expanding manufacturing capabilities. RIM plans to extend its market lead
by strengthening its direct sales efforts, leveraging relationships with existing and new BlackBerry resellers and
carrier partners, and by expanding BlackBerry into international markets.
The expected launch of products for next-generation wireless networks this year is expected to stimulate growth
in North America as new carrier partners are engaged as well as to enable BlackBerry’s entry into Europe. The
first of these carrier relationships is with BT Cellnet in the United Kingdom and we anticipate the launch of
BlackBerry over their network in the summer of this year. We have opened a European office from which we
expect to manage sales, marketing and channel relationships.
Research and development remains an integral part of the Company’s long-term growth outlook. RIM believes
that the functionality of the BlackBerry solution can be further enhanced for both corporate and retail customers.
RIM expects to focus on improving and enhancing the BlackBerry service as well as developing additional
BlackBerry applications.
Internally, RIM plans to implement a new enterprise-wide IT infrastructure to allow scalability of the business
going forward. As well, expansion of office and research and development facilities will provide space for
additional personnel.
In summary, RIM is expecting continued growth in revenue driven by BlackBerry subscriber growth as well as
RIM Wireless Handheld sales.
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2001 Annual Report >Research In Motion Limited