66570--2/28/2007--MINE_SAFETY_APPLIANCES_CO

related topics
{cost, regulation, environmental}
{operation, international, foreign}
{regulation, government, change}
{property, intellectual, protect}
{competitive, industry, competition}
{product, market, service}
{acquisition, growth, future}
{personnel, key, retain}
{financial, litigation, operation}
A reduction in the spending patterns of government agencies could materially and adversely affect our net sales, earnings and cash flow. The markets in which we compete are highly competitive, and some of our competitors have greater financial and other resources than we do. The competitive pressures faced by us could materially and adversely affect our business, results of operations and financial condition. If we fail to introduce successful new products or extend our existing product lines, we may lose our market position and our financial performance may be materially and adversely affected. Product liability claims could have a materially adverse effect on our business, operating results, and financial condition. Our ability to market and sell our products is subject to existing regulations and standards. Changes in such regulations and standards or our failure to comply with them could materially and adversely affect our results of operations. We have significant international operations, and we are subject to the risks of doing business in foreign countries. Our future results are subject to availability of, and fluctuations in the costs of, purchased components and materials due to market demand, currency exchange risks, material shortages, and other factors. If we lose any of our key personnel or are unable to attract, train and retain qualified personnel, our ability to manage our business and continue our growth would be negatively impacted. We are subject to various environmental laws and any violation of these laws could adversely affect our results of operations. Our inability to successfully identify, consummate and integrate future acquisitions, or to realize anticipated cost savings and other benefits could adversely affect our business. Because we derive a significant portion of our sales from the operations of our foreign subsidiaries, future exchange rate fluctuations may adversely affect our results of operations and financial condition, and may affect the comparability of our results between financial periods. Our continued success depends on our ability to protect our intellectual property. If we are unable to protect our intellectual property, our net sales could be materially and adversely affected.

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