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2
Information set forth in this communication contains forward-looking
statements, which involve a number of risks
and uncertainties. Such
forward-looking statements include, but are not limited to, statements about the timing of the
completion of the transaction, the anticipated benefits of the transaction, including
future financial and operating results and
estimated cost savings and
synergies, and other statements that are not historical facts. TranSwitch and Centillium caution
readers
that
any
forward-looking
information
is
not
a
guarantee
of
future
performance
and
that
actual
results
could
differ
materially from those contained in the forward-looking information due to various
risks and uncertainties.
These
include
risks
and
uncertainties
relating
to:
the
parties’
potential
inability
to
complete
the
transaction
because conditions to the closing of the transaction may not be satisfied; the risk that
the businesses will not be integrated
successfully and without delay; the
risk that the transaction may involve unexpected costs or unexpected liabilities;
uncertainties concerning the effect of the transaction on relationships with customers,
employees and suppliers of either or both
companies; risks associated with
downturns in economic conditions generally and in the telecommunications and data
communications markets and the semiconductor industry specifically; risks in product
development and market acceptance of,
and
demand
for,
both
companies
products
and
products
developed
by
the
companies’
customers;
risks
relating
to
TranSwitch's
indebtedness; risks of failing to attract and retain key managerial and technical
personnel; risks associated with foreign sales
and high customer
concentration; risks associated with competition and competitive pricing pressures; risks associated with
investing
in
new
businesses;
risks
of
dependence
on
third-party
VLSI
fabrication
facilities;
risks
related
to
intellectual
property
rights and litigation; risks in technology development and commercialization. The risks
included above are not exhaustive. The
annual reports on Form 10-K, the
quarterly reports on Form 10-Q, current reports on Form 8-K, any amendments thereto, and
other documents TranSwitch and Centillium have filed and will file with the SEC contain
additional factors that could impact the
company’s businesses and
financial performance. TranSwitch and Centillium expressly disclaim any obligation or undertaking
to release publicly any updates or revisions to any such statements to reflect any
change in expectations or any change in
events, conditions or circumstances
on which any such statement is based.
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