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HomeSafe Harbour
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as PLRO or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements in this release that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements, and can be identified by words such as "could," "may," "likely," "possible" and other such similar expressions. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
We urge you to carefully consider the following important factors that could cause actual results to differ materially from the expectations of the Company or its management:
Market demand for TechroBond;
PLRO's ability to maintain or improve profit margins, including its ability to utilize its manufacturing facilities at sufficient levels to cover its fixed operating costs, in an intensely competitive and cyclical industry;
PLRO's ability to develop, manufacture and market innovative products in a rapidly changing technological environment;
PLRO's ability to compete in products and prices in an intensely competitive industry;
PLRO's ability to maintain and enforce a strong intellectual property portfolio and obtain needed licenses from third parties;
Expiration of license agreements between PLRO and its patent licensees, and market conditions reducing royalty payments to PLRO;
Economic, social and political conditions in the countries in which PLRO, its customers or its suppliers operate, including security risks, health conditions, possible disruptions in transportation networks and fluctuations in foreign currency exchange rates;
Natural events such as severe weather and earthquakes in the locations in which PLRO, its customers or its suppliers operate;
Availability and cost of raw materials, utilities and critical manufacturing equipment;
Changes in the tax rate applicable to PLRO as the result of changes in tax law, the jurisdictions in which profits are determined to be earned and taxed, the outcome of tax audits and the ability to realize deferred tax assets;
Losses or curtailments of purchases from key customers and the timing and amount of distributor and other customer inventory adjustments;
Customer demand that differs from company forecasts;
The financial impact of inadequate or excess PLRO inventories to meet demand that differs from projections;
Product liability or warranty claims, or recalls by PLRO customers for a product containing PLRO ingredients;
PLRO's ability to recruit and retain skilled personnel; and
Timely implementation of new manufacturing technologies, installation of manufacturing equipment and the ability to obtain needed third-party foundry and assembly/test subcontract services.
For a more detailed discussion of these factors, see the text under the heading "Risk Factors" in the Company's most recent Form 10-K. The forward-looking statements included in this release are made only as of the date of publication, and the Company undertakes no obligation to update the forward-looking statements to reflect subsequent events or circumstances.
Platinum Research Organization, Inc. is headquartered in Dallas, Texas, and is traded on the Nasdaq OTC Stock Exchange under the symbol PLRO. More information is located on the World Wide Web at www.techrobond.com.
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