6814--3/22/2006--COMFORCE

related topics

{system, service, information}

{debt, indebtedness, cash}

{financial, litigation, operation}

{product, market, service}

{personnel, key, retain}

{tax, income, asset}

{customer, product, revenue}

{cost, regulation, environmental}

{operation, international, foreign}

{regulation, change, law}

{operation, natural, condition}

{property, intellectual, protect}

{competitive, industry, competition}

{condition, economic, financial}

Economic uncertainties could reduce our revenues and gross profit. Competition in our industry could reduce our sales or profitability. Potential increase in costs related to being a public company. Significant increases in payroll-related costs could adversely affect our business. The profitability of our engagements with clients may not meet our expectations. We face significant employment liability risk. We operate in a complex regulatory environment, and failure to comply with applicable laws and regulations could adversely affect our business. We may be subject to lawsuits and claims, which could have a material adverse effect on our financial condition and results of operations. We may not be able to recruit and retain qualified personnel. If we cannot obtain new clients or increase sales to our existing clients, our business will not expand and our revenues will not increase. In the event of bankruptcy of any of our clients, we may be unable to collect our fees, including the recovery of the amount of any wages we have paid to employees for work performed for these clients. If we fail to develop new services, or enhance our existing services, to meet the needs of our existing and future clients, our sales may decline. Our business will be negatively affected if we are not able to keep pace with rapid changes in technology or if growth in the use of technology in business is not as rapid as in the past. If our clients or third parties are not satisfied with our services, we may face damage to our professional reputation or legal liability. Our financial results could be harmed if we are required to expend significant financial and other resources to protect our intellectual property from infringement by third parties. Any significant failure or disruption in our computing, software and communications infrastructure could harm our reputation, result in a loss of clients, and disrupt our business. Security breaches that result in the release of proprietary data of clients could impair our reputation and our revenue. Restrictions and covenants in our indenture and other financing agreements limit our ability to take actions and impose consequences in the event of a compliance failure. Our inability to repay or refinance our Senior Notes or the PNC Credit Facility, both of which mature in 2007, could have a material adverse effect on our financial condition. Our credit facility imposes significant expenses and restrictive covenants upon us. We could be required to write-off goodwill in future periods if our future operating results suffer. Adverse results in tax audits could result in significant cash expenditures or exposure to unforeseen liabilities. Significant foreign currency fluctuations could affect our operating results. Severe weather, natural disasters, acts of war or terrorism and other external events could significantly impact our business We depend on key personnel, and the loss of the services of one or more of our senior management or a significant portion of our local management personnel could weaken our management team and our ability to deliver quality services and could adversely affect our business.

Full 10-K form ▸

6814--3/22/2006--COMFORCE_CORP