Investors
Although past growth has been “organic” or
internal, OurPet’s is positioned to pursue growth though strategic
acquisitions offering marketing or technology competitive advantages.
This optimistic outlook is based on the continued healthy growth
of the pet industry, the rapid growth of the company’s key
customers such as PetsMart and Petco, OurPet’s aggressive development
and marketing of proprietary products, the expansion within its current
marketing base, penetration into new market segments and the future
contributions of OurPet’s experienced, highly motivated team. There are very limited opportunities for the
individual investor to participate in the rapidly growing pet industry
because most of the companies in this industry are privately held.
PetsMart (retailer) (PETM), Petco (retailer) (PETC), Central Garden & Pet (pet products
distributor) (CENT) and OurPet’s (OPCO) (proprietary product
manufacturer/marketer) represent most of the limited investment vehicles
available to the individual investor.OurPet’s began trading in December 2001 under the symbol “OPCO” (OTC
BB). Contacts: This page contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. These statements contain the words "projects," "anticipates," "believes," "expects," "intends," "will," "may" and
similar words and expressions. Each such statement is subject
to uncertainties, risks and other factors that could cause actual
results or performance to differ materially from the results or performance
expressed in or implied by such statements. The forward-looking
statements in this news release that contain projections of the company's
expected financial performance and other projections regarding future
performance are inherently subject to change, given the nature of
projections, and the company's actual performance may be better or
worse than projected. Uncertainties, risks and other factors
that may cause actual results or performance to differ materially
from any results or performance expressed or implied by forward-looking
statements in this news release include: (1) the company’s
ability to manage its operating expenses and realize operating efficiencies,
(2) the company’s ability to maintain and grow its sales with
existing and new customers, (3) the company’s ability to retain
existing members of its senior management team and to attract additional
management employees, (4) the company’s ability to manage fluctuations
in the availability and cost of key materials and tools of production,
(5) general economic conditions that might impact demand for the
company’s products, (6) competition from existing or new participants
in the pet products industry, (7) the company’s ability to
design and bring to market new products on a timely and profitable
basis, (8) challenges to the company’s patents or trademarks
on existing or new products, or (9) the company’s ability to
secure access to sufficient capital on favorable terms to manage
and grow its business. A discussion of other risk factors that
may cause actual results to differ from the results expressed in
or implied by these forward-looking statements can be found in the
company's periodic filings with the SEC. The company disclaims
any duty to provide updates to the forward-looking statements and
projections made in this news release.
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