Convera(R) Reports Fourth Quarter and Fiscal Year 2007 Results; Signed Three Agreements for Seven Vertical Sites

This release, including any statements from Convera personnel, contains statements about Convera's future expectations, performance, plans, and prospects, as well as assumptions about future events. The reader is cautioned not to put undue reliance on these forward-looking statements, as these...

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Bibliographic Details
Published inPR Newswire
Format Newsletter
LanguageEnglish
Published New York PR Newswire Association LLC 14.03.2007
Subjects
Alliances
Balance sheets
Costs
Current liabilities
Dilution
Earnings per share
Enterprise search
Fiscal years
Logos
Net losses
Product development
Professionals
Separate lines of business
Shareholders equity
Software
Software development
Stockholders
Websites
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Summary:This release, including any statements from Convera personnel, contains statements about Convera's future expectations, performance, plans, and prospects, as well as assumptions about future events. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, business and economic conditions and trends; the ability to continue funding operating losses; fluctuations in operating results including impacts from reduced corporate IT spending and lengthier sales cycles; continued success in technological advances and development including the TrueKnowledge Platform (TM); possible disruption in commercial activities caused by terrorist activity and armed conflict, such as changes in logistics and security arrangements; reduced customer demand relative to expectations; competitive factors; and other risk factors listed from time to time in the company's reports to the Securities and Exchange Commission. Actual results may differ materially from our expectations as the result of these and other important factors relating to Convera's business and product development efforts, which are further described in Convera's filings with the SEC. These filings can be obtained from the SEC's website located at www.sec.gov. Any forward-looking statements are based on information available to Convera on the date of this release, and Convera assumes no obligation to update such statements. "The Convera design logo and the following are trademarks of Convera in the United States and other countries: Convera(R), the Convera design logo, Screening Room(R), RetrievalWare(R), Excalibur(TM), Govmine(TM), baseRelevance(TM), TrueKnowledge Platform(TM), TrueB2B(TM), TrueKnowledge for Enterprise(TM), TrueKnowledge for Discovery(TM), TrueKnowledge for Web(TM), and Knew world(TM)."