Classmates.com 2010 Annual Report Download - page 45

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; revenues; segment metrics; operating expenses; market trends, including those in the markets in which we
compete; 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 and revenue streams; competition; strategies; and new business initiatives, products, services, features, and functionality. 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,
Memory Lane, 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 Content & Media segment services are online
nostalgia services and online loyalty marketing. Our primary Communications segment service is Internet access. 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
Content & Media
Online nostalgia services and online loyalty
marketing services
Communications Internet access, email, Internet security, and
web hosting services