Incredimail 2015 Annual Report Download - page 24

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

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Under current Israeli, U.S., U.K., French and German law, we may not be able to enforce non-competition and non-solicitation covenants and, therefore, we may
be unable to prevent our competitors from benefiting from the expertise of some of our former employees and/or vendors, whether current or former.
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







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Exchange rate fluctuations may harm our earnings and asset base if we are not able to hedge our currency exchange risks effectively.
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
       



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

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Our international operations involve special risks that could increase our expenses, adversely affect our operating results and require increased time and attention
of our management.
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

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·

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·
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·

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