Blackberry 2014 Annual Report Download - page 13

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• potential liabilities or costs related to the collection, storage, transmission, use and disclosure of user and personal
information;
• the Company’s reliance on its suppliers for functional components, including the suppliers the Company has selected
for its BlackBerry 10 smartphones, and the risk that suppliers will not supply components on a timely basis, in
sufficient quantities or of the desired quality;
• the Company’s ability to obtain rights to use software or components supplied by third parties;
• the Company’s ability to expand and manage BlackBerry® World™, including its ability to encourage developers to
continue to develop applications for BlackBerry® World™;
• restrictions on import and use of the Company’s products and services in certain countries due to encryption of the
products and services;
• the continued quality and reliability of the Company’s products and services and the potential effect of defects in
products and services;
• risks as a result of actions of activist shareholders;
• risks related to the Company possibly losing its foreign private issuer status under U.S. federal securities laws,
resulting in additional expenses associated with compliance with the U.S. securities laws applicable to U.S. domestic
issuers and inability to utilize certain benefits available to foreign private issuers;
• government regulation of wireless spectrum and radio frequencies;
• reduced spending by customers due to the uncertainty of economic and geopolitical conditions;
• risks associated with acquisitions, investments and other business initiatives;
• foreign exchange risks as the Company transacts globally in currencies other than the U.S. dollar;
• regulation, certification and health risks, and risks relating to the misuse of the Company’s products;
• tax liabilities, resulting from changes in tax laws or otherwise, associated with the Company’s worldwide operations;
• market and credit risk associated with the Company’s cash, cash equivalents and short-term or long-term investments;
• the potential impact of copyright levies in numerous countries; and
• costs and other burdens associated with recently adopted regulations regarding conflict minerals.
Any statements that are forward-looking statements are intended to enable the Company’s shareholders to view the anticipated
performance and prospects of the Company from management’s perspective at the time such statements are made, and they are
subject to the risks that are inherent in all forward-looking statements, as described above. These forward-looking statements
are made by the Company in light of its experience, its perception of historical and anticipated business trends, existing
conditions in the business at the time and anticipated future developments, including competition and new product initiatives
and expected timing, as well as the Company’s current assessments of the risk factors that affect its business, including those
identified above, and the likely success of mitigation strategies relating to such factors. These forward-looking statements are
subject to the inherent risk of difficulties in forecasting the Company’s financial results and performance for future periods,
particularly over longer periods, given the ongoing transition in the Company's business strategy and the rapid technological
changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless
communications industry. These difficulties in forecasting the Company's financial results and performance are magnified at
the present time given the uncertainties related to the Company's operational restructuring, recent management changes and the
strategic initiatives described in this AIF. These factors should be considered carefully, and readers should not place undue
reliance on the Company’s forward-looking statements. The Company has no intention and undertakes no obligation to update
or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required
by applicable law.
CORPORATE STRUCTURE
The Company
The Company was incorporated under the Business Corporations Act (Ontario) (“OBCA”) on March 7, 1984 and commenced
operations at that time. The Company has amalgamated with several of its wholly-owned subsidiaries, the last amalgamation
occurring through the filing of articles of amalgamation under the OBCA on November 4, 2013. The Company’s registered and
principal business office is 2200 University Avenue East, Waterloo, Ontario, Canada N2K 0A7, telephone: [phone], fax:
[phone].
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