78749--6/9/2009--AGILYSYS_INC

related topics
{condition, economic, financial}
{customer, product, revenue}
{product, market, service}
{cost, operation, labor}
{regulation, government, change}
{loss, insurance, financial}
{personnel, key, retain}
{stock, price, operating}
{tax, income, asset}
{acquisition, growth, future}
{capital, credit, financial}
{property, intellectual, protect}
{competitive, industry, competition}
We are dependent on a single customer for a significant portion of our revenues. We are highly dependent on key suppliers and supplier programs. We are dependent on a long-term product procurement agreement with Arrow Electronics, Inc. Prolonged economic weakness causes a decline in spending for information technology, adversely affecting our financial results. We make estimates and assumptions in connection with the preparation of the company s Consolidated Financial Statements, and any changes to those estimates and assumptions could have a material adverse effect on our results of operations. The market for our products and services is affected by changing technology and if we fail to anticipate and adapt to such changes, our results of operations may suffer. Our profitability could suffer if we are not able to maintain favorable pricing. Capital markets are currently experiencing a period of dislocation and instability, which has had and could continue to have a negative impact on our business and operations. Credit market developments may adversely affect our business and results of operations by reducing availability under our credit agreement. Disruptions in the financial and credit markets may adversely impact the spending of our customers, which could adversely affect our business, results of operations and financial condition. When we make acquisitions, we may not be able to successfully integrate them or attain the anticipated benefits. Consolidation in the industries that we serve could adversely affect our business. We May Incur Additional Goodwill and Intangible Asset Impairment Charges that Adversely Affect Our Operating Results. We are subject to litigation, which may be costly. Business disruptions could seriously harm our future revenue and financial condition and increase our costs and expenses. We may be unable to hire enough qualified employees or we may lose key employees. As a publicly traded company, our stock price is subject to certain market trends that are out of our control and that may not reflect our actual intrinsic value.

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