Diebold 2006 Annual Report
[The Path Forward][CEO's Letter][Financials][Index]
FORWARD-LOOKING STATEMENT DISCLOSURE

In this Annual Report, the use of the words "believes," "anticipates," "expects" and similar expressions is intended to identify forward-looking statements that have been made and may in the future be made by or on behalf of the company, including statements concerning future operating performance, the company's share of new and existing markets, the company's short- and long-term revenue and earnings growth rates and the company's implementation of cost-reduction initiatives and measures to improve pricing, including the optimization of the company's manufacturing capacity. Although the company believes that these forward-looking statements are based upon reasonable assumptions regarding, among other things, the economy, its knowledge of its business, and on key performance indicators that affect the company, these forward-looking statements involve risks, uncertainties and other factors that may cause actual results to differ materially from those expressed in or implied by the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Some of the risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in forward-looking statements include, but are not limited to:

  • competitive pressures, including pricing pressures and technological developments;
  • changes in the company's relationships with customers, suppliers, distributors and/or partners in its business ventures;
  • changes in political, economic or other factors such as currency exchange rates, inflation rates, recessionary or expansive trends, taxes and regulations and laws affecting the worldwide business in each of the company's operations, including Brazil, where a significant portion of the company's revenue is derived;
  • the timely completion of the company's new manufacturing operation for financial self-service terminals and related components in the Eastern European region;
  • costs associated with the planned closure of the company's Cassis production facility, including the timing of related restructuring charges;
  • the completion of the company's implementation of its ERP system and other IT-related functions;
  • acceptance of the company's product and technology introductions in the marketplace;
  • unanticipated litigation, claims or assessments;
  • the company's ability to reduce costs and expenses and improve internal operating efficiencies; including the optimization of the company's manufacturing capacity;
  • the company's ability to successfully implement measures to improve pricing;
  • variations in consumer demand for financial self-service technologies, products and services;
  • challenges raised about reliability and security of the company's election systems products, including the risk that such products will not be certified for use or will be decertified;
  • changes in laws regarding the company's election systems products and services;
  • potential security violations to the company's information technology systems; and
  • the company's ability to achieve benefits from its cost-reduction initiatives and other strategic changes.