916545--3/7/2008--TURBOCHEF_TECHNOLOGIES

related topics

{customer, product, revenue}

{control, financial, internal}

{regulation, change, law}

{acquisition, growth, future}

{stock, price, operating}

{property, intellectual, protect}

{condition, economic, financial}

{stock, price, share}

{product, market, service}

{financial, litigation, operation}

{provision, law, control}

{product, liability, claim}

{personnel, key, retain}

{competitive, industry, competition}

{product, candidate, development}

We have a history of losses, we could continue to incur losses in the future, and we may never achieve sustained profitability. We continue to expand rapidly, and we may be unable to manage our growth. We have a long sales cycle that requires an extended sales effort and is difficult to predict. We may not be able to accurately forecast continued sales to a customer. Changes in economic conditions, consumer preferences and discretionary spending patterns could adversely affect our business. We may not be able to disclose the identity of our customers or potential customers and their oven orders. Because the market for our commercial and residential ovens is an emerging sector of the cooking equipment market, we will be required to undertake significant marketing efforts to achieve market acceptance, the success of which we cannot predict. The success of our entry into the residential oven market is subject to the risks inherent in establishing a new business enterprise, and we cannot assure you that we will be successful in this endeavor. We are dependent on a network of independent dealers to reach the residential oven market and for success in selling our residential oven products. We are subject to risks associated with developing products and technologies, which could delay product introductions and result in significant expenditures. If we are unable to keep up with evolving technology, our products may become obsolete. We may not be able to compete effectively because our target markets are highly competitive, and some of our competitors have greater financial or technological resources. We are subject to potential disruptions in material and component supply and other potential adverse effects. We may need additional capital to finance growth and to execute our business plan, and we may be unable to obtain additional capital under terms acceptable to us or at all. Our financial performance is subject to significant fluctuations. We rely heavily on our senior management team and the expertise of management personnel. We may not realize the potential benefit of our patents, trademarks and other intellectual property. If our products or intellectual property violate the rights of others, we may become liable for damages. Our business subjects us to significant regulatory compliance burdens. A product liability claim in excess of our insurance coverage, or an inability to acquire insurance at commercially reasonable rates, could have a material adverse effect upon our business. We are dependent on a limited number of customers for a significant portion of our revenues. Risks Related To Ownership Of Our Common Stock Our recent restatement may continue to negatively impact our stock. We are subject to review by taxing authorities, including the Internal Revenue Service. The market price of our common stock has been volatile and difficult to predict and may continue to be volatile and difficult to predict. The exercise of options or vesting and payout of restricted stock units will result in dilution to you. If equity research analysts do not publish research or reports about our business or if they issue unfavorable commentary or downgrade our common stock, the price of our common stock could decline. Certain provisions of our corporate governing documents and Delaware law could make an acquisition of our company more difficult. Failure to maintain an effective system of internal control over financial reporting could harm stockholder and business confidence in our financial reporting, our ability to obtain financing and other aspects of our business. Evolving regulation of corporate governance and public disclosure may result in additional expenses and continuing uncertainty.

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916545--3/7/2008--TURBOCHEF_TECHNOLOGIES_INC