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Copyright © 2001-2019 Sypris Solutions, Inc. All rights reserved.
Except as specifically permitted herein, no portion of the information on this web site may be reproduced in any form or by any means without the prior written permission from Sypris.
This web site is offered by Sypris to you, the user, conditioned upon your acceptance without modification of the terms and conditions set forth herein. Your use of this web site constitutes your agreement to all the following terms and conditions.
Information provided on this web site is provided "AS IS" without warranty of any kind, either express or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose or noninfringement. Sypris assumes no responsibility for errors or omissions in the information or other documents which are referenced by or linked to this web site.
Each forward-looking statement herein is subject to risks and uncertainties, as detailed in our most recent Form 8-K, 10-K and Form 10-Q and other SEC filings. Briefly, we currently believe that such risks also include the following: the quantitative effects of the restatement of our previously issued unaudited consolidated interim financial statements as of and for the quarter ended March 31, 2019; the effectiveness of our internal control over financial reporting and our disclosure controls and procedures; our failure to achieve targeted gains and cash proceeds from the anticipated sale of certain equipment; dependence on, retention or recruitment of key employees; our failure to return to profitability on a timely basis by steadily increasing our revenues from profitable contracts with a diversified group of customers, which would cause us to continue to use existing cash resources or other assets to fund operating losses; the cost, quality, timeliness, efficiency and yield of our operations and capital investments, including the impact of tariffs, product recalls or related liabilities, employee training, working capital, production schedules, cycle times, scrap rates, injuries, wages, overtime costs, freight or expediting costs; cost, quality and availability of raw materials such as steel, component parts (especially electronic components), natural gas or utilities; inventory valuation risks including excessive or obsolescent valuations or price erosions of raw materials or component parts on hand or other potential impairments, non-recoverability or write-offs of assets or deferred costs; other potential weaknesses in internal controls over financial reporting and enterprise risk management; disputes or litigation involving governmental, supplier, customer, employee, creditor, stockholder, product liability or environmental claims; the fees, costs and supply of, or access to, debt, equity capital, or other sources of liquidity; our reliance on a few key customers, third party vendors and sub-suppliers; continued shortages and extensive lead-times for electronic components; failure to adequately insure or to identify environmental or other insurable risks; unanticipated or uninsured disasters, losses or business risks; breakdowns, relocations or major repairs of machinery and equipment, especially in our Toluca Plant; our failure to successfully complete final contract negotiations with regard to our announced contract “orders”, “wins” or “awards”; volatility of our customers’ forecasts, scheduling demands and production levels which negatively impact our operational capacity and our effectiveness to integrate new customers or suppliers, and in turn cause increases in our inventory and working capital levels; the costs of compliance with our auditing, regulatory or contractual obligations; our inability to develop new or improved products or new markets for our products; labor relations; strikes; union negotiations; pension valuation, health care or other benefit costs; our inability to patent or otherwise protect our inventions or other intellectual property from potential competitors; adverse impacts of new technologies or other competitive pressures which increase our costs or erode our margins; our inability to regain compliance with the NASDAQ listing standards minimum closing bid price in a timely manner; U.S. government spending on products and services that Sypris Electronics provides, including the timing of budgetary decisions; changes in licenses, security clearances, or other legal rights to operate, manage our work force or import and export as needed; risks of foreign operations; currency exchange rates; war, terrorism, or political uncertainty; cyber security threats and disruptions; inaccurate data about markets, customers or business conditions; or unknown risks and uncertainties.
This web site may contain links to web sites operated by third parties other than Sypris. Such links are provided for your convenience and reference only. The linked sites are not under the control of Sypris, and Sypris is not responsible for the contents of any linked site or any link contained in a linked site. The inclusion of a link does not imply any association with their operators or any endorsement of the linked site by Sypris.
This web site (excluding linked sites) is controlled by Sypris Solutions, Inc. from its offices within the Commonwealth of Kentucky, United States of America. By accessing this web site, you and Sypris agree that all matters relating to your access to, or use of, this web site shall be governed by the statutes and laws of the Commonwealth of Kentucky, without regard to the conflicts of laws principles thereof. Sypris makes no representation that the materials on this web site conform to your local laws, and if you are accessing this web site from a location outside the Commonwealth of Kentucky, you alone are responsible for compliance with your local laws.
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