Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for VeriFone Systems, Inc.
This press release includes certain forward-looking statements related to VeriFone Systems, Inc. within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on VeriFone management’s current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and other risks and uncertainties affecting the operation of the business of VeriFone Systems, Inc. These risks and uncertainties include: our ability to successfully partner with SK C&C to deploy platforms for management of digital wallet services, acceptance solutions and mobile commerce, customer acceptance and adoption of our new solution offerings, our ability to protect against fraud, the status of our relationship with and condition of third parties upon whom we rely in the conduct of our business, our dependence on a limited number of customers, uncertainties related to the conduct of our business internationally, our dependence on a limited number of key employees, short product cycles, rapidly changing technologies and maintaining competitive leadership position with respect to our payment solution offerings. For a further list and description of such risks and uncertainties, see our filings with the Securities and Exchange Commission, including our annual report on Form 10-K and our quarterly reports on Form 10-Q. VeriFone is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.SK C&C ( www.skcc.com ) SK C&C is a total IT service provider with its services covering a wide array of areas: consulting, system integration, IT outsourcing, ICT convergence, etc. SK C&C has experienced double digit growth every year since its establishment, and currently aims to become a top global ICT player through enhanced business competitiveness, secured ICT convergence capabilities and proactive expansion of its global reach driven by innovation. With its over 10 years’ mobile payment experience, SK C&C launched its global mobile commerce business in 2010, and delivered its mobile commerce solution (Corfire) to global leading MNOs and merchants.