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Earnings Presentation Q1 2020 RESULTS IAPRIL 28, 2020
Q1 2020 RESULTS IAPRIL 28, 2020—2Forward -Looking Statements
This presentation, and other written or oral statements made from time to time by management contain “forward -looking statements ” as defined in the Private Securities Litigation
Reform Act of 1995. The words “anticipate”, “believe”, “estimate”, “expect”, “intend”, “will”, “should”, "targeting", "projec ting", "driving" and similar expressions, as they relate to us, our
performance and/or our technology, are intended to identify forward -looking statements. These statements reflect management’s cu rrent beliefs, assumptions and expectations and are
subject to a number of factors that may cause actual results to differ materially. Such factors include but are not limited t o: our ability to address our business challenges in order to
reverse revenue declines, reduce costs and increase productivity so that we can invest in and grow our business; our ability to attract and retain key personnel; changes in economic and
political conditions, trade protection measures, licensing requirements and tax laws in the United States and in the foreign countries in which we do business; the imposition of new or
incremental trade protection measures such as tariffs and import or export restrictions; changes in foreign currency exchange rates; our ability to successfully develop new products,
technologies and service offerings and to protect our intellectual property rights; the risk that multi -year contracts with gove rnmental entities could be terminated prior to the end of the
contract term and that civil or criminal penalties and administrative sanctions could be imposed on us if we fail to comply w iththe terms of such contracts and applicable law; the risk
that partners, subcontractors and software vendors will not perform in a timely, quality manner; actions of competitors and o ur ability to promptly and effectively react to changing
technologies and customer expectations; our ability to obtain adequate pricing for our products and services and to maintain and improve cost efficiency of operations, including savings
from restructuring actions; the risk that confidential and/or individually identifiable information of ours, our customers, c lients and employees could be inadvertently disclosed or
disclosed as a result of a breach of our security systems due to cyber attacks or other intentional acts; reliance on third p arties, including subcontractors, for manufacturing of products
and provision of services; the exit of the United Kingdom from the European Union; our ability to manage changes in the print ingenvironment and expand equipment placements;
interest rates, cost of borrowing and access to credit markets; funding requirements associated with our employee pension and retiree health benefit plans; the risk that our operations
and products may not comply with applicable worldwide regulatory requirements, particularly environmental regulations and dir ectives and anti -corruption laws; the outcome of
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