Business Services Industry

Moldflow Reports Second Quarter Fiscal 2008 Results

Business Wire, Feb 7, 2008

Note to editors: Moldflow, Moldflow Plastics Insight, Moldflow Plastics Advisers, Moldflow Structural Alliance, MPA and MPI are trademarks or registered trademarks of Moldflow Corporation or its subsidiaries worldwide. All other trademarks are properties of their respective holders.

Cautionary Statement Regarding Forward-Looking Information

Pursuant to the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995, the Company notes that any statements contained in this press release that are not historical facts are forward-looking statements. Such forward-looking statements include, but are not limited to, statements by Moldflow's President and CEO, statements under Business Outlook and those regarding Moldflow's or management's intentions, hopes, beliefs, expectations, projections, plans for the future and estimates and statements regarding any potential growth during the 2008 fiscal year. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include the risk that a weak global economy will slow capital spending by the Company's prospective customers; the risk that the Company may not be able to recognize the revenue derived from orders received; the risk that the sales cycle may lengthen; the risk that foreign currency fluctuations may adversely affect the Company's financial results; the risk that share-based compensation expense will continue to have a negative impact on the Company's GAAP operating profit from continuing operations, net income from continuing operations and earnings per share from continuing operations calculations; the risk that changes in US or foreign tax legislation, or on-going tax inquiries and the on-going tax audits of the Company's subsidiary companies, including Australia, may result in a higher level of income tax expense than that projected; as well as other risks and uncertainties which are detailed from time to time in reports filed by Moldflow with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended June 30, 2007 as well as its subsequent quarterly and annual filings.

Revenue growth rate, EBITDA, and GAAP and non-GAAP net income per diluted share from continuing operations guidance represent point-in-time estimates and are based on information as of the date of this press release. Senior management has made numerous assumptions in providing this guidance which, while believed to be reasonable, may not prove to be accurate. In addition, as noted above, there are numerous factors that may cause actual results to differ materially from the guidance provided. The Company expressly disclaims any current intention or obligation to update the guidance provided or any other forward-looking statement in this press release to reflect future events or changes in facts assumed for purposes of providing this guidance or otherwise affecting the forward-looking statements contained in this press release.


 

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