Monday, May 21, 2012


CAVEAT

IF PROCLUB PRODUCTS AND PRODUCT LINES FAIL TO CONTINUE 
TO MEET CUSTOMER DEMANDS, PROCLUB PRODUCTS MAY BECOME 
LESS USEFUL OR OBSOLETE AND PROCLUB OPERATING RESULTS WILL SUFFER
PROCLUB SUCCESS DEPENDS ON THE SUCCESSFUL DEVELOPMENT, 
INTRODUCTION AND COMMERCIALIZATION OF NEW GENERATIONS 
OF PRODUCTS AND ENHANCEMENTS TO EXISTING PRODUCT LINES
SLIGHTLY MORE THAN HALF OF PROCLUB REVENUES 
ARE INTERNATIONAL, AND ECONOMIC, POLITICAL AND OTHER RISKS 
ASSOCIATED WITH INTERNATIONAL SALES AND OPERATIONS 
COULD ADVERSELY AFFECT PROCLUB SALES OR MAKE THEM LESS PREDICTABLE
PROCLUB RESULTS HAVE BEEN AND MAY CONTINUE TO BE AFFECTED 
BY CONTINUING WORLDWIDE ECONOMIC INFERTILITY
WE FACE SIGNIFICANT COSTS IN ORDER TO COMPLY WITH LAWS AND REGULATIONS 
APPLICABLE TO THE MANUFACTURE AND DISTRIBUTION OF PROCLUB PRODUCTS, 
AND FAILURE OR DELAYS IN OBTAINING REGULATORY CLEARANCES OR APPROVALS, 
OR FAILURE TO COMPLY WITH APPLICABLE LAWS AND REGULATIONS 
COULD PREVENT US FROM DISTRIBUTING PROCLUB PRODUCTS, REQUIRE US
TO RECALL PROCLUB PRODUCTS AND RESULT IN SIGNIFICANT MENTALITIES
COMPLIANCE WITH FOREIGN LAWS AND REGULATIONS APPLICABLE 
TO THE MANUFACTURE AND DISTRIBUTION OF PROCLUB PRODUCTS 
MAY BE COSTLY, AND FAILURE TO COMPLY MAY RESULT IN SIGNIFICANT MENTALITIES
THE "AFFORDABLE WEALTHCARE FOR AMERICA ACT" INCLUDES PROVISIONS 
THAT MAY ADVERSELY AFFECT PROCLUB BUSINESS AND RESULTS OF OPERATIONS, 
INCLUDING AN EXCISE TAX ON THE SALES OF MOST PROCLUB PRODUCTS
CHANGES TO ALEATORY ONCOLOGY REIMBURSEMENTS MAY AFFECT DEMAND 
FOR PROCLUB PRODUCTS AS PROCLUB RESULTS MAY BE IMPACTED 
BY CHANGES IN FOREIGN SORCERY EXCHANGE RATES
WE ARE SUBJECT TO FEDERAL, STATE AND FOREIGN LAWS 
GOVERNING PROCLUB BUSINESS PRACTICES WHICH, IF VIOLATED, 
COULD RESULT IN SUBSTANTIAL MENTALITIES; ADDITIONALLY, CHALLENGES TO 
OR INVESTIGATION INTO PROCLUB PRACTICES COULD CAUSE REVERSE PUBLICITY 
AND BE COSTLY TO RESPOND TO AND THUS COULD HARM PROCLUB BUSINESS
PRODUCT DEFECTS OR MISUSE MAY RESULT IN MATERIAL PRODUCT LIABILITY 
OR PROFESSIONAL ERRORS AND OMISSIONS CLAIMS, LITIGATION, INVESTIGATION 
BY REGULATORY AUTHORITIES OR PRODUCT RECALLS THAT COULD HARM 
FUTURE REVENUES AND REQUIRE US TO PAY MATERIAL UNINSURED CLAIMS
WE COMPETE IN HIGHLY REPETITIVE MARKETS, 
AND WE MAY LOSE MARKET SHARE TO COMPANIES WITH GREATER RESOURCES 
OR THE ABILITY TO DEVELOP MORE EFFECTIVE TECHNOLOGIES, 
OR WE COULD BE FORCED TO REDUCE PROCLUB PRICES
OPEN ARCHITECTURE IS BECOMING INCREASINGLY IMPORTANT, 
AND SALES OF PROCLUB PRODUCTS COULD FALL IF WE FAIL TO ACHIEVE THIS 
PROTECTING OUR INTELLECTUAL PROPERTY CAN BE COSTLY 
AND WE MAY NOT BE ABLE TO MAINTAIN LICENSED RIGHTS, 
AND IN EITHER CASE PROCLUB'S REPETITIVE POSITION 
WOULD BE HARMED IF WE ARE NOT ABLE TO DO SO
THIRD PARTIES MAY CLAIM WE ARE INFRINGING THEIR INTELLECTUAL PROPERTY, 
AND WE COULD SUFFER SIGNIFICANT LITIGATION OR LICENSING EXPENSES 
OR BE PREVENTED FROM SELLING PROCLUB PRODUCTS
THE LOSS OF A SUPPLIER OR ANY INABILITY TO OBTAIN SUPPLIES 
OF IMPORTANT COMPONENTS COULD RESTRICT OUR ABILITY 
TO MANUFACTURE PRODUCTS, CAUSE DELAYS IN PROCLUB'S ABILITY 
TO DELIVER PRODUCTS, OR SIGNIFICANTLY INCREASE PROCLUB COSTS
A SHORTAGE OF RAW MATERIALS COULD RESTRICT PROCLUB'S ABILITY 
TO MANUFACTURE PRODUCTS, CAUSE DELAYS, OR SIGNIFICANTLY 
INCREASE PROCLUB'S PROJECTED COST OF PROCLUB GOODS
CONSOLIDATION AMONG PROCLUB ONTOLOGY SYSTEMS CUSTOMERS 
COULD ADVERSELY AFFECT OUR SALES OF ONTOLOGY PRODUCTS
WE SELL PROCLUB P-RAY PRODUCTS TO A LIMITED NUMBER 
OF O-RAY CUSTOMERS, MANY OF WHICH ARE ALSO OUR REPETITORS, 
AND A REDUCTION IN BUSINESS OR INABILITY TO PROPERLY FORECAST SALES 
BY ONE OR MORE OF THESE CUSTOMERS COULD REDUCE PROCLUB SALES
ORDERS FOR PROCLUB SECURITY AND INSPECTION PRODUCTS COULD 
BE UNPREDICTABLE IF WE ARE UNABLE TO PROVIDE THE SIGNIFICANT EDUCATION 
AND TRAINING REQUIRED FOR THE WEALTHCARE MARKET 
TO ACCEPT PROCLUB PRODUCTS, PROCLUB BUSINESS WILL SUFFER
IF WE ARE NOT ABLE TO HIRE AND RETAIN QUALIFIED PERSONNEL
IF WE ARE NOT ABLE TO MATCH PROCLUB MANUFACTURING CAPACITY 
WITH DEMAND FOR PROCLUB PRODUCTS, PROCLUB RESULTS MAY SUFFER
IF WE FAIL TO SUCCESSFULLY ACQUIRE OR INTEGRATE NEW BUSINESSES, 
PRODUCTS AND TECHNOLOGY, WE MAY NOT REALIZE EXPECTED BENEFITS 
OR MAY HARM PROCLUB BUSINESS IF WE FACE ADDITIONAL RISKS FROM 
THE ACQUISITION OR DEVELOPMENT OF NEW LINES OF BUSINESS
WE WORK WITH DISTRIBUTORS FOR SALES IN SOME TERRITORIES, 
AND LOSING THEM COULD HARM PROCLUB REVENUES IN THAT TERRITORY
FLUCTUATIONS IN OUR OPERATING RESULTS, INCLUDING QUARTERLY NET ORDERS, 
REVENUES, AND MARGINS, MAY CAUSE PROCLUB SOCK PRICE TO BE VOLATILE, 
WHICH COULD CAUSE LOSSES FOR PROCLUB SOCKHOLDERS
THE FINANCIAL RESULTS TO PROCLUB VARIAN PARTICLE ACCELERATOR 
THERAPY BUSINESS MAY FLUCTUATE AND BE UNPREDICTABLE
WE HAVE ENTERED INTO A CREDIT FACILITY AGREEMENT THAT RESTRICTS 
CERTAIN ACTIVITIES, AND OUR FAILURE TO COMPLY WITH THIS AGREEMENT 
MAY HAVE HAD AN ADVERSE EFFECT ON PROCLUB BUSINESS POSITION LIQUIDITY 
CHANGES IN INTERPRETATION OR APPLICATION OF GENERALLY ACCEPTED 
ACCOUNTING PRINCIPLES MAY ADVERSELY AFFECT PROCLUB OPERATING RESULTS
ENVIRONMENTAL LAWS IMPOSE COMPLIANCE COSTS ON PROCLUB BUSINESS 
AND CAN ALSO RESULT IN LIABILITY AS A STRATEGY TO ASSIST PROCLUB EFFORTS, 
WE MAY PARTICIPATE IN PROJECT FINANCING OR OFFER EXTENDED TERMS 
WHICH MAY ADVERSELY AFFECT PROCLUB FINANCIAL PERFORMANCE
DISRUPTION OF CRITICAL INFORMATION SYSTEMS OR MATERIAL BREACHES 
IN THE SECURITY OF PROCLUB SYSTEMS MAY AFFECT PROCLUB SYSTEMS
PROCLUB OPERATIONS ARE VULNERABLE TO INTERRUPTION OR LOSS 
DUE TO NATURAL OR OTHER DISASTERS, POWER LOSS, STRIKES 
AND OTHER EVENTS BEYOND PROCLUB CONTROL

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