Forward Looking Statements
This website includes "forward-looking statements" within the meaning of the safe
harbor provisions of the United States Private Securities Litigation Reform Act
of 1995. Words such as "expect,' "estimate," "project," "budget," "forecast,"
"anticipate," "intend," "plan," "may," "will," "could," "should," "believes,"
"predicts," "potential," "continue," and similar expressions are intended to
identify such forward-looking statements. These forward-looking statements
include, without limitation, Polaris' and Hughes Telematics' expectations with
respect to future performance, anticipated financial impacts of the merger
transaction and related transactions; approval of the merger transaction and
related transactions by shareholders; the satisfaction of the closing conditions
to the merger transaction and related transactions; and the timing of the
completion of the merger transaction and related transactions.
These forward-looking statements involve significant risks and uncertainties that
could cause the actual results to differ materially from the expected results.
Most of these factors are outside our control and difficult to predict. Factors
that may cause such differences include, but are not limited to, the possibility
that the expected growth will not be realized, or will not be realized within the
expected time period, due to, among other things, (1) the telematics environment;
(2) competitive actions taken by automotive manufacturers or other telematics firms;
(3) general economic conditions; (4) actions taken or conditions imposed by the
United States and foreign governments; and (5) the willingness of customers to use
the services. Other factors include the possibility that the merger does not close,
including due to the failure to receive required stockholder or regulatory approvals,
or the failure of other closing conditions.
Polaris and Hughes Telematics caution that the foregoing list of factors is not
exclusive. Additional information concerning these and other risk factors is
contained in Polaris' most recent filings with the Securities and Exchange
Commission ("SEC"). All subsequent written and oral forward-looking statements
concerning Hughes Telematics, Polaris, the merger, the related transactions or
other matters and attributable to Polaris or Hughes Telematics or any person
acting on their behalf are expressly qualified in their entirety by the cautionary
statements above. Hughes Telematics and Polaris do not undertake any obligation to
update any forward-looking statement, whether written or oral, relating to the
matters discussed in this news release.
Additional Information about the Merger and Where to Find It
In connection with the proposed merger, Polaris will file with the SEC a Registration
Statement on Form S-4 that will include a proxy statement of Polaris. Polaris urges
investors and security holders to read the proxy statement/prospectus regarding the
proposed merger when it becomes available because it will contain important information.
You may obtain copies of all documents filed with the SEC regarding this transaction,
free of charge, at the SEC's website (www.sec.gov).
Polaris and its respective directors, executive officers and certain other members of
management and employees may be soliciting proxies from Polaris stockholders in favor
of the merger. Information regarding the persons who may be deemed participants in
the solicitation of Polaris' stockholders in connection with the proposed merger will
be set forth in the proxy statement/prospectus when it is filed with the SEC. You can
find information about Polaris' executive officers and directors in its filings with
the SEC.
