801748--4/2/2007--HEMACARE_CORP

related topics

{acquisition, growth, future}

{cost, operation, labor}

{product, liability, claim}

{stock, price, share}

{regulation, government, change}

{operation, natural, condition}

{personnel, key, retain}

{cost, regulation, environmental}

{stock, price, operating}

{customer, product, revenue}

{product, market, service}

{capital, credit, financial}

{gas, price, oil}

{control, financial, internal}

{provision, law, control}

{property, intellectual, protect}

Steady or declining market prices, and increased costs, could reduce profitability Changes in demand for blood products could affect profitability Declining blood donations could affect profitability Competition may cause a loss of customers and an increase in costs and impact profitability Operations depend on services of qualified professionals and competition for their services is strong Industry regulations and standards could increase operating costs Decrease in reimbursement rates may affect profitability Targeted partner blood drives involve higher collection costs Not-for-profit status gives advantages to competitors Reliance on relatively few vendors for significant supplies and services could affect the Company s ability to operate Potential adverse effect from changes in the healthcare industry, including consolidations, could affect access to customers Future technological developments or alternative treatments could jeopardize business Potential inability to meet future capital needs could affect plans to finance future expansion Limited access to insurance could affect ability to defend against possible claims Ability to attract, retain and motivate management and other skilled employees Product safety and product liability could provide exposure to claims and litigation Lease for a major production facility has expired and if the Company needs to vacate it may be unable to locate an alternative facility thereby disrupting business Environmental risks could cause the Company to incur substantial costs to maintain compliance Business interruption due to terrorism and increased security measures in response to terrorism Business interruption due to hurricanes or earthquakes could adversely impact profitability Evaluation and consideration of strategic alternatives, and other significant projects, may distract management from reacting appropriately to business challenges and lead to reduced profitability Strategy to acquire companies may result in unsuitable acquisitions or failure to successfully integrate acquired companies, which could lead to reduced profitability Articles of Incorporation and Rights Plan could delay or prevent an acquisition or sale of HemaCare Quarterly revenue and operating results may fluctuate in future periods, and the Company may fail to meet investor expectations Stocks traded on the OTC Bulletin Board are subject to greater market risks than those of exchange-traded and Nasdaq stocks since they are less liquid Stock price could be volatile Future sales of equity securities could dilute the Company s common stock Evaluation of internal control and remediation of potential problems will be costly and time consuming and could expose weaknesses in financial reporting

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801748--4/2/2007--HEMACARE_CORP_/CA/