SAFE HARBOR

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This web site includes "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as MI or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, such statements herein that describe the company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward- looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.

 

We urge you to carefully consider the following important factors that could cause actual results to differ materially from the expectations of the company or its management:

  • MI's ability to develop, manufacture and market innovative products in a rapidly changing technological environment, including timely implementation of new manufacturing technologies;
  • MI's ability to compete in products and prices in an intensely competitive industry;
  • MI's ability to maintain and enforce a strong intellectual property portfolio and obtain needed licenses from third parties;
  • Consolidation of MI's patent licensees and market conditions reducing royalty payments to MI;
  • Timely completion and successful integration of announced acquisitions;
  • Economic, social and political conditions in the countries in which MI, its customers or its suppliers operate, including security risks, possible disruptions in transportation networks and fluctuations in foreign currency exchange rates;
  • Losses or curtailments of purchases from key customers or the timing of customer inventory adjustments;
  • MI's ability to recruit and retain skilled personnel; and
  • Availability of raw materials and critical manufacturing equipment.

For a more detailed discussion of these factors, see the text under the heading "RISK FACTORS" in the company's most recently filed SEC Form 10-K or 10-Q. The Company assumes no obligation to update the information on this web site.