1085653--4/2/2007--ECOLLEGE

related topics

{customer, product, revenue}

{stock, price, operating}

{system, service, information}

{acquisition, growth, future}

{property, intellectual, protect}

{personnel, key, retain}

{operation, natural, condition}

{gas, price, oil}

{product, market, service}

{cost, operation, labor}

{competitive, industry, competition}

{regulation, government, change}

{regulation, change, law}

A Significant Portion of Our Revenue Is Generated From a Relatively Small Number of Customers. Our Stock Price Is Likely to be Volatile. We Depend On Our Customers and Third Parties to Market Student Enrollments for Online Courses. Our Operating Results May Fluctuate Significantly and May Be Below the Expectations of Analysts and Investors. We Depend on Our Key Personnel. We Face Significant Competition in our Markets Recent Rapid Growth in Our Markets May Not Continue and our Ability to Grow May be Adversely Affected. Our Network Infrastructure and Computer Systems May Fail. We May be Unable to Successfully Divest Datamark We May Not be Able to Protect Our Intellectual Property and Proprietary Rights and We May be Subject to Claims of Infringement by Third Parties. Government Regulation May Adversely Affect Our Future Operating Results. Datamark Does Not Have Long-Term Agreements With Its Customers and May Be Unable to Retain Customers, Attract New Customers or Replace Departing Customers With Customers that Can Provide Comparable Revenues. If We are Unable to Continue to Receive our Current Level of Access to and Costs for Mailing Lists, Our Competitive Advantage Could Be Materially Affected. Increases in Costs of Revenue Could Harm Datamark s Business. Continued Terrorist Attacks or War Could Lead to Further Economic Instability and Adversely Affect Our Stock Price, Operations, and Profitability.

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1085653--4/2/2007--ECOLLEGE_COM