Classmates.com 2009 Annual Report Download - page 44

Table of Contents
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
Forward-Looking Statements
This Annual Report on Form 10-K and the documents incorporated herein by reference contain forward-looking statements within the
meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended, based on our current expectations,
estimates and projections about our operations, industry, financial condition, performance, results of operations, and liquidity. Statements
containing words such as "may," "believe," "anticipate," "expect," "intend," "plan," "project," "projections," "business outlook," "estimate," or
similar expressions constitute forward-looking statements. These forward-looking statements include, but are not limited to, statements about
future financial performance; advertising revenues; segment metrics; operating expenses; market trends, including those in the markets in which
we compete; operating and marketing efficiencies; revenues; liquidity; cash flows and uses of cash; dividends; capital expenditures;
depreciation and amortization; tax payments; foreign currency exchange rates; hedging arrangements; our ability to repay indebtedness, pay
dividends and invest in initiatives; our products and services; pricing; competition; and strategies and initiatives. Potential factors that could
affect the matters about which the forward-
looking statements are made include, among others, the factors disclosed in the section entitled "Risk
Factors" in this Annual Report on Form 10
-K and additional factors that accompany the related forward-looking statements in this Annual
Report on Form 10
-
K and our other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on
these forward-looking statements, which reflect management's analysis only as the date hereof. Any such forward-looking statements are not
guarantees of future performance or results and involve risks and uncertainties that may cause actual performance and results to differ
materially from those predicted. Reported results should not be considered an indication of future performance. Except as required by law, we
undertake no obligation to publicly release the results of any revision to these forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Overview
We are a leading provider of consumer products and services over the Internet through a number of brands including FTD, Interflora,
Classmates, NetZero, and MyPoints. Our FTD segment provides floral and related products and services to consumers and retail florists, as well
as to other retail locations offering floral and related products and services. Our Classmates Media segment services are online social networking
and online loyalty marketing. Our primary Communications segment services are Internet access and email. On a combined basis, our Web
properties attract a significant number of Internet users, and we offer a broad range of Internet marketing services for advertisers.
Segment Definitions
We report our businesses in three reportable segments:
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Segment
Products and Services
FTD
Floral and related products and services for consumers, retail florists and other retail locations
Classmates Media
Online social networking and online loyalty marketing services
Communications
Internet access, email, Internet security, and Web hosting services