Nautilus 2004 Annual Report Download - page 4

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Table of Contents
PART I
Forward-Looking Statements
Certain statements contained in this Annual Report on Form 10-K, including, without limitation, statements containing the words
“could,” “may,” “will,” “should,” “plan,” “believes,” “anticipates,” “estimates,” “predicts,” “expects,” “projections,” “potential,”
“continue,” and words of similar import, constitute “forward-looking statements.” Investors are cautioned that all forward-
looking statements
involve risks and uncertainties and various factors could cause actual results to differ materially from those in the forward-looking statements.
From time to time and in this Form 10
-K, we may make forward-looking statements relating to our financial performance, including the
following:
•
Anticipated revenues, expenses and gross margins;
•
Seasonal patterns;
•
Expense as a percentage of revenue;
•
Anticipated earnings;
•
New product introductions; and
Numerous factors could affect our actual results, including the following:
•
Future capital expenditures.
•
The availability of media time and fluctuating advertising rates;
•
A decline in consumer spending due to unfavorable economic conditions;
•
Our ability to effectively develop, market and sell future products;
•
Our ability to get foreign sourced products through customs in a timely manner;
•
Our ability to effectively identify and negotiate any future strategic acquisitions;
•
Our ability to adequately protect our intellectual property;
•
Introduction of lower priced competing products;
•
Unpredictable events and circumstances relating to our international operations, including our use of foreign manufacturers; and
We describe certain of these and other key risk factors elsewhere in more detail in this Form 10-K. Although we believe the expectations
reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or
achievements. Except to the extent required by federal securities laws, we undertake no obligation to update publicly any forward-looking
statements to reflect new information, events, or circumstances after the date of this Form 10-K or to reflect the occurrence of unanticipated
events.
3
•
Government regulatory action.