Kodak 2008 Annual Report Download - page 51

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CAUTIONARY STATEMENT PURSUANT TO SAFE HARBOR PROVISIONS OF THE PRIVATE
SECURITIES LITIGATION REFORM ACT OF 1995
Certain statements in this report may be forward-looking in nature, or "forward-looking statements" as defined in the United States
Private Securities Litigation Reform Act of 1995. For example, references to the Company's expectations regarding the following are
forward-looking statements: its ability to address the impact of the economic downturn including the transformation of certain of its
businesses; its employment reductions and savings under its restructuring program and other rationalization activities; revenue; cash
needs; liquidity; and benefits costs.
Actual results may differ from those expressed or implied in forward-looking statements. In addition, any forward-looking statements
represent the Company's estimates only as of the date they are made, and should not be relied upon as representing the Company's
estimates as of any subsequent date. While the Company may elect to update forward-looking statements at some point in the
future, the Company specifically disclaims any obligation to do so, even if its estimates change. The forward-looking statements
contained in this report are subject to a number of factors and uncertainties, including the successful:
• execution of the digital growth and profitability strategies, business model and cash plan;
• alignment of the Company’s cost structure to the new economic realities and the decline in the Company’s traditional
businesses;
• implementation of the Company’s plans to tighten its focus on its portfolio of investments;
• implementation of, and performance under, the debt management program, including compliance with the Company's debt
covenants and the ability to obtain amendments to, or waivers of, these covenants, if necessary;
• development and implementation of product go-to-market and e-commerce strategies;
• protection, enforcement and defense of the Company's intellectual property, including defense of its products against the
intellectual property challenges of others;
• execution of intellectual property licensing programs and other strategies;
• integration of the Company's businesses to SAP, the Company's enterprise system software;
• commercialization of the Company’s breakthrough technologies;
• ability to accurately predict product, customer and geographic sales mix and seasonal sales trends;
• management of inventories, capital expenditures, working capital and cash conversion cycle;
• integration of acquired businesses and consolidation of the Company's subsidiary structure; and
• improvements in productivity and supply chain efficiency and continued availability of essential components and services from
concentrated sources of supply.
The forward-looking statements contained in this report are subject to the following additional risk factors:
• inherent unpredictability of currency fluctuations, commodity prices and raw material costs;
• volatility in the financial markets and the availability of credit;
• the nature and pace of technology evolution;
• changes to accounting rules and tax laws, as well as other factors which could impact the Company's reported financial position
or effective tax rate;
• pension and other postretirement benefit cost factors such as actuarial assumptions, market performance, and employee
retirement decisions;
• general economic, business, geo-political and regulatory conditions or unanticipated environmental liabilities or costs;
• the severity of the economic downturn and its effect upon customer spending;
• possible impairment of goodwill and other assets;
• continued effectiveness of internal controls; and
• other factors and uncertainties disclosed from time to time in the Company's filings with the Securities and Exchange
Commission.
Any forward-looking statements in this report should be evaluated in light of these important factors and uncertainties.