Cautionary
Statement
This discussion may contain forward-looking statements. These
statements include, among others, those regarding our future
investments in
complementary businesses, products and technologies, our expectation that our financial results will continue to fluctuate,
our expectation that international revenue will remain a significant percentage of our
net revenue, our expectation that both product and
pricing competition will
increase, our expectation that product-related expenses will increase, our expectations about future sales to our
top ten distributors and our sales efforts through the channel and other partners, the
expected geographic composition of our future
revenue, our expected future
revenue mix, our expected revenue realization rates, the anticipated future trend of specific categories of
expenses,
the
expected
future
impact
related
to
change
in
senior
management,
our
expected
benefits
from
acquisitions
and
strategic
relationships
or
partnerships
or
our
expected
future
growth
from
those
acquisitions,
relationships
or
partnerships,
stock-based
compensation
expense,
our
expected
settlement
of
pending
federal
and
state
stockholder
derivative
lawsuits,
our
use
of
cash
for
acquisitions, our expected ability to meet our obligations through available cash and
internally-generated funds, our expectation of
generating positive
working capital through operations, our expectations regarding growth opportunities, our expected continuing
investment in our global systems and infrastructure and our belief as to working capital
being sufficient to meet our cash requirements in
future periods.
Forward looking statements are based on managements current expectations and are
subject to risks and uncertainties. In addition, we
may not achieve our
planned revenue realization rates, succeed in our efforts to grow the business, combat effectively the security
threats of the future, build upon our technology leadership, leverage our relationships
and opportunities to the degree expected, or
capture market share, benefit
from our acquisitions and strategic relationships or partnerships or our partnership distribution model as
anticipated,
notwithstanding
related
commitment
or
related
investment;
our
customers
may
not
respond
as
favorably
as
anticipated
to
our
product
or
technical
support
offerings,
we
may
not
satisfactorily
anticipate
or
meet
our
customers
needs
or
expectations,
and
the
industry
shift
to
security
suites
may
not
be
adopted
to
the
extent
anticipated;
our
product
and
service
offerings
may
not
continue
to
interoperate
effectively with newly-developed operating systems; we may not benefit from our
investments in systems, personnel and infrastructure as
anticipated; we may
experience delays in product development or the release of previously-announced products; we may choose not to
deliver
a
previously-announced
product;
we
may
experience
delays
or
losses
in
revenue
resulting
from
outages
in
the
integrated
systems
on which we are highly dependent, and further risks may arise from our past stock option
granting practices. In addition, a number of
operational and other factors,
from new product introductions, the mix of products and services sold, the size of deals closed in a quarter,
the amount of revenue deferred in a quarter, the integration of acquired businesses,
changes in senior management, the competition we
face in the market,
currency fluctuations, to the greater macroeconomic environment, to name a few, may cause our revenue, gross
margins and operating results to fluctuate significantly from period to period.
We
caution
you
that
actual
results
may
vary,
perhaps
materially,
from
the
forward-looking
statements
referenced
in
this
discussion.
We
encourage you to review the risk factors contained in our filings with the Securities
and Exchange Commission, including our annual
report on Form 10-K for
the year ended December 31, 2007 and our quarterly report on Form 10-Q for the quarter ended June 30, 2008
for more detailed information on the risks and uncertainties related to McAfee and our
business. We do not undertake to update any
forward looking
statements.
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