Tucows 2013 Annual Report Download - page 3

Information Concerning Forward-Looking Statements
This Annual Report on Form 10-K contains, in addition to historical information, forward-looking statements by us
with regard to our expectations as to financial results and other aspects of our business that involve risks and uncertainties
and may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Words such as “may,” “should,” “anticipate,” “believe,” “plan,” “estimate,” “expect” and “intend,” and other similar
expressions are intended to identify forward-looking statements. The forward-looking statements contained in this report
include statements regarding, among other things, the number of new, renewed and transferred-in domain names, the
competition we expect to encounter as our business develops and competes in a broad range of Internet services, the
effectiveness of our intellectual property protection, including our ability to license proprietary rights to network partners and
to register additional trademarks and service marks, our belief that the market for domain name registration will trend upward
gradually, our belief that it is more likely than not that net deferred assets will be realized; our intent to continue acquisitions
of previously owned domain names, the effect of the anticipated generic top-level domain (“gTLD”) expansion by the
Internet Corporation for Assigned Names and Numbers (“ICANN”) on the number of domains we register and related
revenues; the impact on operations and risks relating to our potential participation in ICANN’s new gTLD program; our
expectations regarding increases in certain costs and expenses; judgments and assessments regarding the collection of
receivables; and our belief that, by increasing the number of applications and services we offer, we will be able to generate
higher revenues. These statements are based on management’s current expectations and are subject to a number of
uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking
statements. Many factors affect our ability to achieve our objectives and to successfully develop and commercialize our
services including:
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Our ability to continue to generate sufficient working capital to meet our operating requirements;
•
Our ability to maintain a good working relationship with our vendors and customers;
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The ability of vendors to continue to supply our needs;
•
Actions by our competitors;
•
Our ability to achieve gross profit margins at which we can be profitable;
•
Our ability to attract and retain qualified personnel in our business;
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Our ability to effectively manage our business;
•
Our ability to obtain and maintain approvals from regulatory authorities on regulatory issues;
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Our ability to develop and commercialize new services such as Ting while maintaining development and sales of our
established services;
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Pending or new litigation; and
•
Factors set forth herein under the caption “Item 1A Risk Factors”.
This list of factors that may affect our future performance and financial and competitive position and the accuracy of
forward-looking statements is illustrative, but it is by no means exhaustive. Accordingly, all forward-looking statements
should be evaluated with the understanding of their inherent uncertainty. All forward-looking statements included in this
document are based on information available to us as of the date of this document, and we assume no obligation to update
these cautionary statements or any forward-looking statements, except as required by law. These statements are not
guarantees of future performance.
We qualify all the forward-looking statements contained in this Annual Report on Form 10-K by the foregoing
cautionary statements.
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PART I