If development milestones are successfully achieved, Irvine Sensors expects to have pre-production prototypes of the Microcombuster suitable for military applications before the end of 2009. Deployment for military uses is expected to result in economics suitable for widespread commercial application.
Irvine Sensors Corporation (http://www.irvine-sensors.com), headquartered
in
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This message may contain forward-looking statements based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "think", "may," "will" and variations of these words or similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, our ability to meet the developmental requirements of the Microcombuster system. Such statements speak only as of the date hereof and are subject to change. We undertake no obligation to revise or update publicly any forward-looking statements for any reason. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.
Important factors that may cause such a difference include, but are not limited to, the availability of sufficient working capital to support fulfillment of our contracts; government budgetary considerations and the timing of government billing and procurement practices; the timing, rescheduling or cancellation of our Microcombuster development contracts; our ability to specify, develop, complete, introduce, market and manufacture new technologies and products in a cost-effective and timely manner; evolving technology and industry standards, and our ability to adapt to and integrate any necessary changes to comply with such new technologies or standards; the availability and pricing of competing technologies and products and other competitive pressures; the effects of international conflicts, natural disasters, public health emergencies and other events beyond our control; and the general economic and political conditions and specific conditions that may impact our operations. Further information on Irvine Sensors Corporation, including additional risk factors that may affect our forward looking statements, is contained in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, our Current Reports on Form 8-K and our other SEC filings that are available through the SEC's website (http://www.sec.gov).
SOURCE Irvine Sensors Corporation