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In May 2007, Verticalnet executed a source code license agreement with a third party with respect to a legacy product which is not core to the Company's forward strategic goals. On May 11, 2007, Verticalnet executed a source code license agreement with a third party with respect to a legacy product which is not core to the Company's forward strategic goals. Such forward-looking statements include, but are not limited to, statements regarding our ability to successfully complete the acceptance process in order to recognize revenue from a source code license agreement entered into during Q1 2007, our ability to expand the reach of our sales and marketing efforts through our partners, and our ability to achieve our long-term goal of driving sales growth from our portfolio of products and our near term goal of achieving profitability. |
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