Circuit City 2008 Annual Report Download - page 18

Download and view the complete annual report

Please find page 18 of the 2008 Circuit City annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 80

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80

Table of Contents
•
We may encounter risks in connection with sales of our web-hosted software application.
In 2004, we introduced our web-based and hosted, on-demand software suite of products, marketed as PCS ProfitCenter Software™.
We have a limited operating history with this type of product offering and may encounter risks inherent in the software industry,
including but not limited to:
•
failure to implement effective general and application controls
•
errors or security flaws in our product
•
technical difficulties which we can not resolve on a timely or cost-effective basis
•
inability to provide the level of service commitment
•
inability to deliver product upgrades and enhancements
•
delays in development
•
inability to hire and retain qualified technical personnel
•
impact of privacy laws on the use of our product
•
exposure to claims of infringement of intellectual property rights
16