The company expects to file a registration statement with the Securities and Exchange Commission within the next few months subject to market conditions. By the end of first quarter of 2000, the company expects to establish one of the most solid and robust nationwide communications networks designed to offer high-speed Internet access, voice, data and other communications services to small to medium businesses, teleworkers and power users. We believe Prism s strategies for growth are sound, and that it is well positioned to succeed as an independent, publicly traded company. The company intends that such forward-looking statements be subject to the safe harbor created by Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. The following lists some of the factors, which could cause results to differ from expectations.
Prism operates in a highly regulated environment.
Changes in regulatory policies may adversely impact its ability to provide services and increase the costs of providing those services. Prism is a start-up company that has incurred operating losses since inception and the company expects that Prism s operating losses will continue to increase as it introduces its services throughout the United States and Canada. In addition, Prism will require substantial additional capital to support its data network, to expand its services, to increase its sales and marketing efforts and to support its growth. There can be no assurance that in the future Prism will be profitable on a quarterly or annual basis. Through its Ventures group, Comdisco is a leader in providing equipment leasing and other financing and services to venture capital backed start-up companies.