79564--3/28/2008--PORTA_SYSTEMS

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{product, market, service}

{stock, price, share}

{interest, director, officer}

{customer, product, revenue}

{personnel, key, retain}

{capital, credit, financial}

{product, candidate, development}

{debt, indebtedness, cash}

We require substantial financing to meet our working capital requirements and we have no access to such financing. We may enter into an agreement to restructure our debt which would significantly dilute the interest of the holder s of our common stock. We may not be able to replace the significant volume of sales to British Telecommunications which resulted in our loss for 2007 Our independent registered public accounting firm has included an explanatory paragraph relating to our ability to continue as a going concern in its report on our financial statements. Our sales in our copper connection/protection segment are based on specific market factors and the requirements of British Telecommunications, which may not continue. Our sales are dependent upon the requirements of the telecommunications industry. We are heavily dependent on foreign sales. Because of our small size and our historical financial problems, we may have difficulty competing for business. We require access to current technological developments. We rely on certain key employees. Because our stock is subject to the penny stock rules, our stockholders may have difficulty in selling our stock. We do not pay dividends on common stock.

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79564--3/28/2008--PORTA_SYSTEMS_CORP