890923--12/2/2008--ZOLTEK_COMPANIES

related topics

{cost, regulation, environmental}

{stock, price, operating}

{condition, economic, financial}

{operation, international, foreign}

{acquisition, growth, future}

{regulation, change, law}

{personnel, key, retain}

{provision, law, control}

{product, market, service}

{property, intellectual, protect}

Demand for our carbon fiber products may be adversely affected by the current economic and credit environment. Our operations and sales in foreign countries are subject to risks. Our ability to fund and manage our anticipated growth will affect our operating results. Our operations are dependent upon our senior management and technical personnel. Our operating results may fluctuate. Developments by competitors may reduce demand for our products and technologies, which may adversely affect our sales. The price volatility of many of our raw materials and energy costs may result in increased production costs, which we may not be able to pass on to our customers. We could be adversely affected by environmental and safety requirements. Our business depends upon the maintenance of our proprietary technology. We have incurred and will continue to incur increased costs and demands upon our management as a result of complying with the laws and regulations affecting public companies, which could affect our operating results and make it more difficult to attract and retain qualified management. Our stock price has been volatile and may continue to fluctuate. A change of control of our company may be discouraged, delayed or prevented by our classified board of directors, our ability to issue preferred stock, or the voting control of our principal shareholder.

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890923--12/2/2008--ZOLTEK_COMPANIES_INC