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Quotes & Info
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| UTIW > SEC Filings for UTIW > Form 8-K on 4-Sep-2008 | All Recent SEC Filings |
4-Sep-2008
Results of Operations and Financial Condition
(c) Exhibits
Exhibit Description
99.1 Earnings News Release dated September 4, 2008
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Safe Harbor Statement
Certain statements in this news release may be deemed to be forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. The company intends that all
such statements be subject to the "safe-harbor" provisions contained in those
sections. Such statements may include, but are not limited to, the company's
discussion of its financial goals, as well as the expected impact of the
company's cost reduction program. Many important factors may cause the company's
actual results to differ materially from those discussed in any such
forward-looking statements, including but not limited to economic conditions
that are adversely affecting trade volumes; the company's clients' demand for
its services; the impact of cost reduction measures recently undertaken by the
company and the amount and timing of the expected benefits from such measures,
including expected severance costs and dispositions of existing operations in
connection therewith; integration risks associated with acquisitions; increased
competition; the impact of higher fuel costs; the effects of changes in foreign
exchange rates; changes in the company's effective tax rates; industry
consolidation making it more difficult to compete against larger companies;
general economic, political and market conditions, including those in Africa,
Asia and EMENA; work stoppages or slowdowns or other material interruptions in
transportation services; risks of international operations; risks associated
with, and costs and expenses the company will incur as a result of, the ongoing
publicly announced U.S. Department of Justice and other governmental
investigations into the pricing practices of the air cargo transportation
industry and other similar or related investigations and lawsuits; the success
and effects of new strategies and of the realignment of the company's executive
management structure; disruptions caused by epidemics, conflicts, wars and
terrorism; and the other risks and uncertainties described in the company's
filings with the Securities and Exchange Commission. Although UTi believes that
the assumptions underlying the forward-looking statements are reasonable, any of
the assumptions could
prove inaccurate and, therefore, the company cannot assure the reader that the results contemplated in forward-looking statements will be realized in the timeframe anticipated or at all. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by UTi or any other person that UTi's objectives or plans will be achieved. Accordingly, investors are cautioned not to place undue reliance on our forward-looking statements. UTi undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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