Forward Looking Statement: Indemnifying Your Press Release?

Wednesday, April 27, 2011

I was reading a press release sent in and at the bottom it had the following:

The statements made in this press release that are not historical facts are "forward-looking statements." These forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties. The Company cautions readers of this press release that a number of important factors could cause this event¹s actual future results to differ materially from those expressed in any such forward-looking statements. Such factors include, without limitation, product delays, industry competition, rapid changes in technology and industry standards, protection of proprietary rights, maintenance of relationships with key personnel, vendors and third-party developers, international economic and political conditions. The Company may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in the Company's assumptions or otherwise. The Company undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
And for some reason I just felt like posting it up (versus something about Obama, the long form, and tweedle dee) simply because I just have to wonder what type of world we live in when you have to add that at the bottom of your press release.

But I do like that phrase "forward looking statements" though....

I could use that with my boss.

Something like "Oh no - I didn't mean to say I'd have that done by today - that was just a forward looking statement I wanted to let you know about because it could have happened..."