Information Services Group, Inc. (the “Company” “ISG,” “we,” “us” and “our”) believes that some of the information in this Annual Report on Form 10-K constitutes forward-looking statements. You can identify these statements by forward-looking words such as “may,” “expect,” “anticipate,” “contemplate,” “believe,” “estimate,” “intends” and “continue” or similar words, but this is not an exclusive way of identifying such statements. You should read statements that contain these words carefully because they:
| ● | discuss future expectations; |
| ● | contain projections of future results of operations or financial condition; or |
| ● | state other “forward-looking” information; |
These forward-looking statements include, but are not limited to, statements relating to;
| ● | our ability to retain existing clients and contracts; |
| ● | our ability to integrate acquisitions; |
| ● | our ability to navigate challenges from pandemics; |
| ● | our ability to win new clients and engagements; |
| ● | our ability to implement cost reductions and productivity improvements; |
| ● | our beliefs about future trends in the sourcing industry; |
| ● | the expected spending on sourcing services by our clients; |
| ● | the growth of our markets; |
| ● | foreign currency exchange rates; |
| ● | our effective tax rate; and |
| ● | competition in the sourcing industry. |
We believe it is important to communicate our expectations to our stockholders. However, there may be events in the future that we are not able to predict accurately or over which we have no control. The risk factors and cautionary language discussed in this Annual Report on Form 10-K provide examples of risks, uncertainties and events that may cause actual results to differ materially from the expectations in such forward-looking statements, including among other things:
| ● | the amount of cash on hand; |
| ● | our ability to achieve or maintain adequate utilization for our consultants; |
| ● | cost reductions and productivity improvements may not be fully realized or realized within the expected time frame; |
| ● | continued compliance with government regulations; |
| ● | legislative or regulatory environments, requirements or changes that may adversely affect the business in which we are engaged; |
| ● | fluctuations in client demand; |
| ● | our ability to grow the business and effectively manage growth and international operations while maintaining effective internal controls; |
| ● | our ability to hire and retain enough qualified employees to support operations; |
| ● | increases in wages in locations in which we have operations; |
| ● | our ability to retain senior management; |
| ● | fluctuations in exchange rates between the U.S. dollar and foreign currencies; |
| ● | our ability to attract and retain clients and the ability to develop and maintain client relationships based on attractive terms; |
| ● | legislation or executive orders in the United States or elsewhere that adversely affects the performance of sourcing services offshore; |
| ● | cyber incidents ranging from the development and deployment of malicious software to gaining access to our networks; |
| ● | telecommunications or technology disruptions or breaches; |
| ● | pandemics or natural or other disasters; |
| ● | terrorist attacks and wars; |
| ● | our ability to protect our intellectual property and the intellectual property of others; |
| ● | the international nature of our business; |
| ● | political or economic instability in countries where we have operations; |
| ● | worldwide political, economic and business conditions; |
| ● | our ability to source, successfully consummate or integrate strategic acquisitions; |
| ● | the success of our focus on artificial intelligence (“AI”) advisory and AI-powered platforms; and |
| ● | the legal, regulatory, operational, ethical and commercial risks of developing and deploying AI technology. |
All forward-looking statements included herein attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this Annual Report on Form 10-K. You are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date of this Annual Report on Form 10-K. Except to the extent required by applicable laws and regulations, we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of this Annual Report on Form 10-K or to reflect the occurrence of unanticipated events.
You should also review the risks and uncertainties we describe in the reports we will file from time to time with the Securities and Exchange Commission after the date of this Annual Report on Form 10-K.
