ITT » Topics » Forward-Looking and Cautionary Statements

This excerpt taken from the ITT 10-Q filed Apr 27, 2009.
Forward-Looking and Cautionary Statements
 
Some of the information included herein includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995 (“the Act”). These forward-looking statements include statements that describe our business strategy, outlook, objectives, plans,


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intentions or goals, and any discussion of future operating or financial performance. Whenever used, words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target” and other terms of similar meaning are intended to identify such forward-looking statements.
 
Forward-looking statements are uncertain and to some extent unpredictable, and involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from those expressed in, or implied from, such forward-looking statements. Factors that could cause results to differ materially from those anticipated include:
 
  •  economic, political and social conditions in the countries in which we conduct our businesses;
 
  •  changes in government defense budgets;
 
  •  decline in consumer spending;
 
  •  our ability to borrow or refinance our existing indebtedness and availability of liquidity sufficient to meet our needs;
 
  •  interest and foreign currency exchange rate fluctuations;
 
  •  competition and industry capacity and production rates;
 
  •  ability of third parties, including our commercial partners, financial institutions and insurers, to comply with their commitments to us;
 
  •  availability of adequate labor, commodities, supplies and raw materials;
 
  •  sales and revenues mix and pricing levels;
 
  •  acquisitions or divestitures;
 
  •  our ability to effect restructuring and cost reduction programs and realize savings from such actions;
 
  •  government regulations and compliance therewith;
 
  •  governmental investigations;
 
  •  changes in technology;
 
  •  potential future employee benefit plan contributions and other employment and pension matters;
 
  •  contingencies related to actual or alleged environmental contamination, claims and concerns;
 
  •  intellectual property matters;
 
  •  personal injury claims;
 
  •  changes in generally accepted accounting principles; and
 
  •  other factors set forth in our Annual Report on Form 10-K for the fiscal year ended December 31, 2008 and our other filings with the Securities and Exchange Commission.
 
We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
 

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