Blizzard 2011 Annual Report Download - page 84

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CAUTIONARY STATEMENT
This Annual Report contains, or incorporates by reference, certain forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Such statements consist of any statement other than a recitation of
historical fact and include, but are not limited to: (1) projections of revenues, expenses, income or loss, earnings or loss per
share, cash flow or other financial items; (2) statements of our plans and objectives, including those relating to product
releases; (3) statements of future economic performance; and (4) statements of assumptions underlying such statements. We
generally use words such as “outlook,” “forecast,” “will,” “could,” “should,” “would,” “to be,” “plans,” “believes,” “may,”
“expects,” “intends,” “anticipates,” “estimate,” “future,” “positioned,” “potential,” “project,” “remain,” “scheduled,” “set
to,” “subject to,” “upcoming” and other similar expressions to help identify forward-looking statements. Forward-looking
statements are subject to business and economic risk, reflect management’s current expectations, estimates and projections
about our business, and are inherently uncertain and difficult to predict. Our actual results could differ materially. The
forward-looking statements contained herein speak only at the date on which our Form 10-K was first filed. Some of the risk
factors that could cause our actual results to differ from those stated in forward-looking statements can be found in “Risk
Factors” included in Part I, Item 1A of our Annual Report on Form 10-K. The forward-looking statements contained herein are
based upon information available to us as of the date of our Annual Report on Form 10-K and we assume no obligation to
update any such forward-looking statements. Forward-looking statements believed to be true when made may ultimately prove
to be incorrect. These statements are not guarantees of our future performance and are subject to risks, uncertainties and other
factors, some of which are beyond our control and may cause actual results to differ materially from current expectations.
Activision Blizzard, Inc.’s (“Activision Blizzard”) names, abbreviations thereof, logos, and product and service
designators are all either the registered or unregistered trademarks or trade names of Activision Blizzard. All other product or
service names are the property of their respective owners.
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