1056696--2/19/2010--MANHATTAN_ASSOCIATES

related topics

{system, service, information}

{product, market, service}

{customer, product, revenue}

{acquisition, growth, future}

{property, intellectual, protect}

{personnel, key, retain}

{operation, international, foreign}

{stock, price, operating}

{cost, operation, labor}

{provision, law, control}

{product, candidate, development}

We may not be able to continue to successfully compete with other companies Our operating results are substantially dependent on one line of business Our operating results are difficult to predict and could cause our stock price to fall Our future revenue is dependent upon continuing license sales which in turn drives sales of post-contract support and professional services. We encounter long sales cycles, particularly with our larger customers, which could have an adverse effect on the amount, timing and predictability of our revenue, adversely affecting our business, results of operations, cash flow and financial condition. Delays in implementations of our products could adversely impact us Our pricing models may need to be modified due to price competition. Our ability to license our software is highly dependent on the quality of our services offerings, and our failure to offer high quality services could adversely affect our software licensing revenue and results of operations. Our failure to manage the growth of our operations may adversely affect our business, results of operations, cash flow and financial condition Our international operations have many associated risks Our operating results may include foreign currency gains and losses. Fluctuations in our hardware sales may adversely affect us. Our technology must be advanced if we are to remain competitive Our research and development activities may not generate significant returns. Our liability to clients may be substantial if our systems fail We incorporate third-party software in our solutions, the failure or unavailability of which could adversely affect our ability to sell, support and service our products. The use of open source software in our products may expose us to additional risks and harm our intellectual property. If we are unable to develop software applications that interoperate with computing platforms developed by others, our business, results of operations, cash flow and financial condition may be adversely affected. Our software may contain undetected errors or bugs, resulting in harm to our reputation and operating results Our business may require additional capital Our inability to attract, integrate and retain management and other personnel may adversely affect us. Our growth is dependent upon the successful development of our direct and indirect sales channel mix Our employee retention and hiring may be hindered by immigration restrictions. Our failure to adequately protect our proprietary rights may adversely affect us Our liability for intellectual property claims can be costly and result in the loss of significant rights Mergers or other strategic transactions involving our competitors could weaken our competitive position or reduce our revenue. Our business, results of operations, cash flow and financial condition may be adversely affected if we cannot integrate acquired companies or manage joint ventures. Our stock price has been highly volatile Our articles of incorporation and bylaws and Georgia law may inhibit a takeover of our company

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1056696--2/19/2010--MANHATTAN_ASSOCIATES_INC