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VOXW » Topics » If the export of our technology is deemed a violation of the regulations of the United States Department of Commerce, Bureau of Industry and Security, our business will be substantially harmed.This excerpt taken from the VOXW 10-Q filed May 15, 2009. If the export of our technology is
deemed a violation of the regulations of the United States Department of
Commerce, Bureau of Industry and Security, our business will be substantially
harmed. The Bureau of Industry and Security,
or BIS, oversees implementation and enforcement of the Export Administration
Regulations, or EAR, which control the export of most commercial items. The BIS
regulates "dual-use" items that have both commercial and military or
proliferation applications, however, purely commercial items without an obvious
military use are also subject to the EAR. The EAR prohibit the export of certain
technologies, while the export of other technologies is restricted in certain
geographical regions or to certain entities. Exporters deemed in violation of
the EAR are subject to substantial penalties. We are developing international
channels for the distribution of our speech recognition and voice-based
technology, and anticipate increasing our dependence upon revenue derived from
foreign sources. If some or all of our products are classified as a restricted
technology under the EAR, our ability to generate revenue from international
sources will be materially adversely affected.
This excerpt taken from the VOXW 10-Q filed Feb 17, 2009. If the export of our technology is
deemed a violation of the regulations of the United States Department of
Commerce, Bureau of Industry and Security, our business will be substantially
harmed. The Bureau of Industry and Security,
or BIS, oversees implementation and enforcement of the Export Administration
Regulations, or EAR, which control the export of most commercial items. The BIS
regulates "dual-use" items that have both commercial and military or
proliferation applications, however, purely commercial items without an obvious
military use are also subject to the EAR. The EAR prohibit the export of certain
technologies, while the export of other technologies is restricted in certain
geographical regions or to certain entities. Exporters deemed in violation of
the EAR are subject to substantial penalties. We are developing international
channels for the distribution of our speech recognition and voice-based
technology, and anticipate increasing our dependence upon revenue derived from
foreign sources. If some or all of our products are classified as a restricted
technology under the EAR, our ability to generate revenue from international
sources will be materially adversely affected.
This excerpt taken from the VOXW 10-Q filed Nov 17, 2008. If the export of our technology is
deemed a violation of the regulations of the United States Department of
Commerce, Bureau of Industry and Security, our business will be substantially
harmed. The Bureau of Industry and Security,
or BIS, oversees implementation and enforcement of the Export Administration
Regulations, or EAR, which control the export of most commercial items. The BIS
regulates "dual-use" items that have both commercial and military or
proliferation applications, however, purely commercial items without an obvious
military use are also subject to the EAR. The EAR prohibit the export of certain
technologies, while the export of other technologies is restricted in certain
geographical regions or to certain entities. Exporters deemed in violation of
the EAR are subject to substantial penalties. We are developing international
channels for the distribution of our speech recognition and voice-based
technology, and anticipate increasing our dependence upon revenue derived from
foreign sources. If some or all of our products are classified as a restricted
technology under the EAR, our ability to generate revenue from international
sources will be materially adversely affected.
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