1040896--4/2/2007--INTELLI_CHECK_INC

related topics
{product, market, service}
{system, service, information}
{property, intellectual, protect}
{acquisition, growth, future}
{personnel, key, retain}
{control, financial, internal}
{interest, director, officer}
{customer, product, revenue}
{stock, price, operating}
Risks Related to Our Business and Industry We have incurred losses since inception and losses may continue, which could result in a decline in the value of our securities and a loss of your investment. We may be unable to meet our future capital requirements. We may not be able to keep up with rapid technological change. Our proprietary software relies on reference data provided by government and quasi-government agencies. If these governmental and quasi-government agencies were to stop sharing data with us, the utility of our proprietary software would be diminished in those jurisdictions and our business would be damaged. Future government regulation restricting the capture of information electronically stored on identification cards could adversely affect our business. Our business strategy exposes us to long sales and implementation cycles for our products. The market for our systems and software is evolving and its growth is uncertain. Failure to manage our operations if they expand could impair our future growth. We are subject to risks associated with product failure and technological flaws. Our failure to protect our proprietary technology may impair our competitive position. If our future products incorporate technologies that infringe the proprietary rights of third parties, and we do not secure licenses from them, we could be liable for substantial damages. Failure to attract and retain management and other personnel may damage our operations and financial results and cause our stock price to decline. Our share price may be volatile and could decline substantially

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