8855--9/4/2007--AMERICAN_LOCKER_GROUP

related topics

{cost, operation, labor}

{product, candidate, development}

{personnel, key, retain}

{control, financial, internal}

{operation, natural, condition}

{product, market, service}

The Company has recently implemented a restructuring plan intended to reduce operating expenses. If the restructuring plan does not have the intended effects, the Company's ability to remain in business may be adversely affected. The success of the Company's restructuring plan is based, in part, upon the Company commencing sales of the new USPS-B-1118 CBU. If approval to manufacture the new CBU is not timely received or if the Company otherwise experiences a delay in commencing sales, the Company's results of operations and its business and financial condition could be materially adversely affected. The Company has identified weaknesses in its internal controls and accounting systems. The Company has experienced rising costs, which it may not be able to successfully mitigate. The Company's business is materially impacted by general economic conditions and the threat of terrorist activity. The Company's future success will depend, in large part, upon its ability to successfully introduce new products. We are heavily dependent upon our senior management, and a loss of any of our key managers could adversely affect our business and results of operations.

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8855--9/4/2007--AMERICAN_LOCKER_GROUP_INC