913142--2/29/2008--BELDEN

related topics

{cost, operation, labor}

{acquisition, growth, future}

{tax, income, asset}

{product, market, service}

{cost, regulation, environmental}

{personnel, key, retain}

{cost, contract, operation}

{regulation, change, law}

{property, intellectual, protect}

{condition, economic, financial}

{operation, international, foreign}

{competitive, industry, competition}

{customer, product, revenue}

We may be unable to successfully implement our strategic plan. Any change in the level of economic activity in our major geographical markets may have an impact on the level of demand for our products and our resulting revenue and earnings. Changes in the price and availability of raw materials we use could be detrimental to our profitability. The global cable and connectivity industry is highly competitive. Well established global manufacturers of switches and automation equipment could decide to market Industrial Ethernet switches and capture market share from us. We rely on several key distributors in marketing our products. Our effective income tax rate may vary from year to year because of the mix of income and losses among various tax jurisdictions in which we do business. We might be unable to achieve planned cost savings. We are subject to current environmental and other laws and regulations. If our goodwill or other intangible assets become impaired, we may be required to recognize charges that would reduce our income. Changes in accounting rules and interpretation of these rules may affect our reported earnings. Because we do business in many countries, our results of operations are affected by changes in currency exchange rates and are subject to political and economic uncertainties. Our future success depends on our ability to develop and introduce new products. We have defined benefit pension plans that are not fully funded. Some of our employees are members of collective bargaining groups, and we might be subject to labor actions that would interrupt our business. We might have difficulty protecting our intellectual property from use by competitors, or competitors might accuse us of violating their intellectual property rights. We have in the past closed plants and reduced the size of our workforce, and we might elect to do so again in the future. If we are unable to retain senior management and key employees, our business operations could be adversely affected. Belden s strategic plan includes further acquisitions. We may have difficulty integrating the operations of acquired businesses. Should we fail to integrate their operations, our results of operations and profitability could be negatively impacted.

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913142--2/29/2008--BELDEN_INC.