922612--8/14/2008--SCHMITT_INDUSTRIES_INC

related topics
{product, market, service}
{customer, product, revenue}
{product, liability, claim}
{operation, international, foreign}
{stock, price, operating}
{property, intellectual, protect}
{personnel, key, retain}
{tax, income, asset}
{regulation, change, law}
{competitive, industry, competition}
Demand for Company products may change The acquisition of Xtero Datacom Inc. technology and the introduction of the Xact product may not become commercially viable and satisfy expected demand New products may not be developed to satisfy changes in consumer demands Failure to protect intellectual property rights could adversely affect future performance and growth Competition is intense and the Company s failure to compete effectively would adversely affect its business Production time and the overall cost of products could increase if any of the primary suppliers are lost or if a primary supplier increased the prices of raw materials Fluctuations in quarterly and annual operating results make it difficult to predict future performance The Company may not be able to reduce operating costs quickly enough if sales decline The Company maintains a significant investment in inventories in anticipation of future sales Future success depends in part on attracting and retaining key management and qualified technical and sales personnel Changes in securities laws and regulations have increased and will continue to increase Company expenses The Company faces risks from international sales and currency fluctuations

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