1029023--3/2/2009--SYNTROLEUM

related topics

{property, intellectual, protect}

{product, market, service}

{control, financial, internal}

{capital, credit, financial}

Many of our competitors have significantly more resources than we do, and technologies developed by competitors could become more commercially successful than ours or render our technologies obsolete. We could have potential indemnification liabilities to licensees relating to the operation of plants based on the Syntroleum and Synfining Processes or our Bio-Synfining Technology or intellectual property disputes. We will need to obtain funds from additional financings or other sources for our business activities. If we do not receive these funds, we would need to reduce, delay or eliminate some of our expenditures. We have incurred losses and anticipate continued losses. We cannot predict the future markets and prices for oil, natural gas, coal or other materials used in the Syntroleum and Synfining Processes and Bio-Synfining Technology or refined products.

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1029023--3/2/2009--SYNTROLEUM_CORP