Oracle 2009 Annual Report Download - page 5

Table of Contents
Cautionary Note on Forward-Looking Statements
For purposes of this Annual Report, the terms “Oracle,” “we,” “us” and “our” refer to Oracle Corporation and its consolidated subsidiaries. This Annual Report
on Form 10-K contains statements that are not historical in nature, are predictive in nature, or that depend upon or refer to future events or conditions or contain
forward-looking statements within the meaning of Section 21 of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform
Act of 1995. Forward-looking statements may be preceded by, followed by or include the words “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,”
“estimates,” “will,” “is designed to” and similar expressions. We claim the protection of the safe harbor for forward-looking statements contained in the Private
Securities Litigation Reform Act of 1995 for all forward-looking statements. We have based these forward-looking statements on our current expectations and
projections about future events. These forward-looking statements are subject to risks, uncertainties, and assumptions about our business. Factors that might
cause or contribute to such differences include, but are not limited to, those discussed in “Risk Factors” beginning on page 17 of this Annual Report, and as may
be updated in filings we make from time to time with the Securities and Exchange Commission (the “SEC”). You should understand that the following important
factors, in addition to those discussed elsewhere in this Annual Report, could affect our future results, and could cause those results or other outcomes to differ
materially from those expressed or implied in the forward-looking statements:
• Economic, political and market conditions, including the recent recession and global economic crisis, can adversely affect our business, results of
operations and financial condition, including our revenue growth and profitability, which in turn could adversely affect our stock price.
• We may fail to achieve our financial forecasts due to such factors as delays or size reductions in transactions, fewer large transactions in a particular
quarter, unanticipated fluctuations in currency exchange rates, delays in delivery of new products or releases or a decline in our renewal rates for
software license updates and product support.
• Our entrance into the hardware systems business may not be successful, and we may fail to achieve our financial forecasts with respect to this new
business.
• We have an active acquisition program and our acquisitions, including our acquisition of Sun Microsystems, Inc. may not be successful, may
involve unanticipated costs or other integration issues or may disrupt our existing operations.
• Our international sales and operations subject us to additional risks that can adversely affect our operating results, including risks relating to foreign
currency gains and losses and risks relating to compliance with international and U.S. laws that apply to our international operations.
• Intense competitive forces demand rapid technological advances and frequent new product introductions and could require us to reduce prices or
cause us to lose customers.
• If we are unable to develop new or sufficiently differentiated products and services, or to enhance and improve our products and support services in
a timely manner or to position and/or price our products and services to meet market demand, customers may not buy new software licenses or
hardware systems products or purchase or renew support contracts.
We have no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or risks, except to the
extent required by applicable securities laws. If we do update one or more forward-looking statements, no inference should be drawn that we will make
additional updates with respect to those or other forward-looking statements. New information, future events or risks could cause the forward-looking events we
discuss in this Annual Report not to occur. You should not place undue reliance on these forward-looking statements, which reflect our opinions only as of the
date of this Annual Report. You should carefully review the risk factors described in other documents we file from time to time with the SEC, including the
Quarterly Reports on Form 10-Q to be filed by us in our 2011 fiscal year, which runs from June 1, 2010 to May 31, 2011.
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Source: ORACLE CORP, 10-K, July 01, 2010 Powered by Morningstar® Document Research℠