877645--3/23/2006--TECHNOLOGY_SOLUTIONS

related topics

{cost, contract, operation}

{cost, operation, labor}

{competitive, industry, competition}

{customer, product, revenue}

{property, intellectual, protect}

{product, market, service}

{system, service, information}

{acquisition, growth, future}

{stock, price, operating}

{provision, law, control}

{personnel, key, retain}

{operation, international, foreign}

{condition, economic, financial}

{financial, litigation, operation}

{product, candidate, development}

If we continue to experience operating losses, our cash resources will be depleted and additional sources of cash will be required if we are to continue as a going concern. We must manage costs to match the level of demand for our services, and failure to do so will adversely affect our business. We may not realize expected benefits from any restructuring initiatives. Our inability to achieve appropriate utilization rates or charge acceptable rates for our services could adversely affect our operating profit. A limited number of our clients comprise a large portion of our revenues and any decrease in revenues from these clients could have an adverse effect on our business, financial condition, operating results and prospects. Unanticipated cancellations or suspensions of projects could adversely affect our operating results. Certain of our engagements are on a fixed cost basis which results in additional operating risks. On occasion, we may be subject to project risks arising in connection with incentive provisions in contracts with clients. Our failure to perform services properly could result in substantial claims from clients. Our operating results will likely fluctuate, which may cause volatility in our stock price. We operate in a highly competitive industry. We may engage in strategic acquisitions, investments and dispositions. The market for information technology services is rapidly changing. We may encounter difficulties in hiring and retaining the personnel required to deliver our services and manage our company. We may be subject to litigation from time to time. We are subject to numerous and changing economic and industry conditions. We are dependent on the products of third parties. We have limited intellectual property rights and they may not be adequate to protect our business. Our rights plan as well as provisions of our Company s charter and by-laws may discourage certain extraordinary transactions. We have engaged in limited international operations which are subject to special risks.

Full 10-K form ▸

877645--3/23/2006--TECHNOLOGY_SOLUTIONS_COMPANY