EXHBIT 99.1
Published on August 18, 1999
Exhibit 99.1
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES
LITIGATION REFORM ACT OF 1995
In connection with the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995 (the Reform Act), Ball is hereby filing cautionary
statements identifying important factors that could cause Ball's actual results
to differ materially from those projected in forward-looking statements of Ball.
Management's Discussion and Analysis of Financial Condition and Results of
Operations contains forward-looking statements, and many of these statements are
contained in Part I, Item 2, "Business". The Reform Act defines forward-looking
statements as statements that express or imply an expectation or belief and
contain a projection, plan or assumption with regard to, among other things,
future revenues, income, earnings per share or capital structure. Such
statements of future events or performance involve estimates, assumptions and
uncertainties and are qualified in their entirety by reference to, and are
accompanied by, the following important factors that could cause Ball's actual
results to differ materially from those contained in forward-looking statements
made by or on behalf of Ball.
Some important factors that could cause Ball's actual results or outcomes to
differ materially from those discussed in the forward-looking statements
include, but are not limited to, fluctuation in customer growth and demand;
weather; fuel costs and availability; regulatory action; Federal and State
legislation; interest rates; labor strikes; boycotts, litigation involving
antitrust, intellectual property, consumer and other issues; maintenance and
capital expenditures and local economic conditions. In addition, Ball's ability
to have available an appropriate amount of production capacity in a timely
manner can significantly impact Ball's financial performance. The timing of
deregulation and competition, product development and introductions and
technology changes are also important potential factors. Other important factors
include the following:
Difficulties in obtaining raw materials, supplies, power and natural resources
needed for the production of metal and plastic containers as well as
telecommunications and aerospace products could affect Ball's ability to ship
containers and telecommunications and aerospace products.
The pricing of raw materials, supplies, power and natural resources needed for
the production of metal and plastic containers as well as telecommunications and
aerospace products, pricing and ability to sell scrap associated with the
production of metal containers and the effect of changes in the cost of
warehousing the Company's products could adversely affect the Company's
financial performance.
Technological or market acceptance issues regarding the business of EarthWatch,
performance failures and related contracts or subcontracts, the success or lack
of success of the satellite launches and business of EarthWatch.
The inability to achieve technological advances in the Company's businesses. The
inability of the Company to achieve Year 2000 compliance.
Cancellation or termination of government contracts for the U.S. Government,
other customers or other government contractors.
The effects of, and changes in, laws, regulations, other activities of
governments (including political situations and inflationary economies),
agencies and similar organizations, including, but not limited to, those
effecting frequency, use and availability of metal and plastic containers, the
authorization and control over the availability of government contracts and the
nature and continuation of those contracts and the related services provided
thereunder, the use of remote sensing data and changes in domestic and
international tax laws could negatively impact the Company's financial
performance.
The effects of changes in the Company's organization or in the compensation
and/or benefit plans; any changes in agreements regarding investments or joint
ventures in which the Company has an investment; the ability of the Company to
acquire other businesses; the amount, type or cost of the Company's financing
and changes to that financing could adversely impact Ball's financial
performance.
Risks involved in purchasing and selling products and services and receiving
payments in currencies other than the U.S. dollar. The devaluation of
international currencies and the ability to obtain adequate credit resources for
foreseeable financing requirements of the Company's businesses.