746782--4/27/2007--COGNOS_INC

related topics
{operation, international, foreign}
{customer, product, revenue}
{stock, price, operating}
{system, service, information}
{competitive, industry, competition}
{acquisition, growth, future}
{product, market, service}
{tax, income, asset}
{regulation, change, law}
{personnel, key, retain}
{property, intellectual, protect}
{condition, economic, financial}
Certain Factors That May Affect Future Results Our reliance on larger transactions is increasing and larger transactions are complex and unpredictable. As we continue to face intense competition, and the nature of our competition is changing, we may not compete successfully. Our products are increasingly used in complex business environments so their installation and operation in those environments is complex and requires planning and cooperation between us and our customers. Our sales forecasts may not match actual revenues in a particular period. We may not be able to hire, integrate, retain, or compensate key personnel essential to our business or we may not be able to manage changes and transitions in our key personnel. Our total revenue and operating results may fluctuate, which could result in fluctuations in the price of our common stock. Our quarterly and annual operating results may vary between periods. Our expenses may not match anticipated revenues. Currency fluctuations may adversely affect us. Economic conditions could adversely affect our revenue growth and ability to forecast revenue. If we do not respond effectively to rapid technological change, our products may become obsolete. We operate internationally and face risks attendant to those operations. Making and integrating acquisitions and our strategic decisions could impair our operating results. New accounting pronouncements or guidance may require us to change the way in which we account for our operational or business activities. Our intellectual property may be misappropriated or we may have to defend ourselves against other parties claims. We may face liability claims if our software products or services fail to perform as intended. We may have exposure to greater or lower than anticipated tax liabilities.

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