Vonage 2008 Annual Report Download - page 9

Download and view the complete annual report

Please find page 9 of the 2008 Vonage 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 102

  • 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
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102

FORWARD-LOOKING STATEMENTS
From time to time, we ma
y
provide information, whethe
r
orally or in writing, including certain statements in this Annual
Report on Form 10-K, which are deemed to be “forward-looking”
within the meanin
g
of the Private
S
ecurities Liti
g
ation Reform Act
of 1995 (the “Litigation Reform Act”). These forward-looking
s
tatements and other information are based on our beliefs as well
as assumptions made by us usin
g
information currently available.
The words “anticipate,” “believe,” “estimate,” “expect,
“i
nten
d
,
”“
w
ill
,
”“
s
h
ou
ld”
an
d
s
i
m
il
ar express
i
ons, as t
h
ey re
l
ate t
o
u
s, are intended to identify forward-lookin
g
statements.
S
uch
s
tatements re
f
lect our current views with respect to
f
uture events
an
d
are su
bj
ect to certa
i
nr
i
s
k
s, uncerta
i
nt
i
es an
d
assum
p
t
i
ons
.
S
hould one or more of these risks or uncertainties materialize, or
s
hould underlying assumptions prove incorrect, actual result
s
m
ay vary materially from those described herein as anticipated,
b
e
li
eve
d
, est
i
mate
d
, expecte
d
or
i
nten
d
e
d
or us
i
n
g
ot
h
er s
i
m
il
a
r
expressions. We do not intend to update these
f
orward-lookin
g
s
tatements, except as required by law.
I
n accordance with the provisions of the Liti
g
ation Refor
m
A
ct, we are makin
g
investors aware that such
f
orward-lookin
g
s
tatements, because they relate to
f
uture events, are by their very
n
ature subject to many important factors that could cause actual
r
esults to di
ff
er materiall
yf
rom those contemplated b
y
th
e
f
orward-lookin
g
statements contained in this Annual Report on
Form 10-K, an
y
exhibits to this Form 10-K and other publi
c
s
tatements we make.
S
uch factors include
,
but are not limited to:
restr
i
ct
i
ons
i
n our
d
e
b
ta
g
reements t
h
at may
li
m
i
t our operat
i
n
g
flexibility; any failure to meet New York Stock Exchange listin
g
requirements; the competition we face; worsening economi
c
c
onditions; our history of net operatin
g
losses; our ability to obtain
a
dditional
f
inancing i
f
needed; results o
f
pending litigation an
d
i
nte
ll
ectua
l
property an
d
ot
h
er
li
t
i
gat
i
on t
h
at may
b
e
b
roug
ht
ag
ainst us; results of re
g
ulatory inquiries into our business practi
-
c
es; di
ff
erences between our service and traditional phone serv
-
i
ces,
i
nc
l
u
di
ng our 911 serv
i
ce; our
d
epen
d
ence on t
hi
r
d
party
facilities, equipment and services; s
y
stem disruptions or flaws in
o
ur technology; our dependence on our customers’ existing
b
roadband connections; uncertainties relating to regulation of
V
oIP services; and other factors that are set forth in the “Ris
k
Factors” section, and other sections o
f
this Annual Report o
n
Form 10-K, as well as in our
Q
uarterly Reports on Form 10-
Q
and
C
urrent Reports on Form 8-K
.
FINANCIAL INFORMATION PRESENTATION
For the
f
inancial in
f
ormation discussed in this Annual Repor
t
o
n Form 10-K, other than
p
er share and
p
er line amounts, dolla
r
a
mounts are
p
resente
di
nt
h
ousan
d
s, exce
p
tw
h
ere note
d
.
1