886432--3/30/2007--Health_Fitness_Corp_/MN/

related topics
{acquisition, growth, future}
{financial, litigation, operation}
{stock, price, share}
{customer, product, revenue}
{cost, operation, labor}
{condition, economic, financial}
{competitive, industry, competition}
{personnel, key, retain}
{loss, insurance, financial}
{system, service, information}
The timing of new and lost staffing service contracts may not be indicative of trends in our business or of future quarterly financial results. We are dependent on maintaining our relationships with third party partners to provide programs and services Failure to renew existing customer contracts could have a negative effect on our financial condition and results of operations. Our financial results are subject to discretionary spending of our customers. We operate within a highly competitive market against formidable companies. We have implemented, on a limited basis, a business model for managing corporate fitness centers on a cost-neutral or for-profit basis. Failure to identify acquisition opportunities may limit our growth Future acquisitions may be dilutive to shareholders, cause us to incur additional indebtedness and large one-time expenses or create intangible assets that could result in significant amortization expense We may not realize the anticipated benefits of acquisitions we complete. The loss of any of our key employees could have a material adverse effect on our performance and results of operations. Our results of operations could be adversely impacted by litigation. The indemnification provisions in our management agreements with customers may obligate us to pay claims that arise from our acts or omissions. Our insurance policies may not provide adequate coverage. We could experience a potential depressive effect on the price of our common stock following the exercise and sale of existing convertible securities. Our common stock is thinly traded, and subject to volatility

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