Amedeo D'Angelo, Chairman & CEO Richard Vacher Detournière, GM & CFO
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and their underlying assumptions, statements regarding plans, objectives, intentions and expectations with respect to future financial results, events, operations, services, product development and potential, and statements regarding future performance of Verimatrix if completed (the "Transaction"). These forward-looking statements are generally identified by the use of forward-looking terminology, including terms such as " believe," "estimate," "anticipate," "expect," "intend," "may," "or" and similar expressions, and include statements that Verimatrix makes concerning the intended results of its strategy and of the completion of the Transaction. Although Verimatrix management believes that the expectations reflected in such forward-looking statements are reasonable, Verimatrix cannot assure investors that these expectations will prove to be correct. Investors are cautioned that forward looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Verimatrix that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. No statement in this presentation is intended as a profit forecast or estimate for any period. Persons receiving this document may not and should not rely on forward looking statements. Past performance is not an indicator of future results and the results of Verimatrix in this document may not be indicative of, and are not an estimate or forecast of, the future results of Verimatrix. The forward-looking statements speak only as of the date hereof and, other than as required by applicable law, Verimatrix does not undertake any obligation to update or revise any forward-looking information or statements.
For a more detailed description of the risks and uncertainties with respect to Verimatrix , please refer to the "Risk factors" section of the 2020 universal registration document filed with the AMF (French Financial Markets Authority) on April 30, 2021, available on
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(*) see basis of preparation and definitions in Appendix hereof
Need for accelerating the transformation
Core value of offerings intact despite mixed Q2
Deeper impact of the pandemic showed the need to adapt faster
Recent customer trends and behavior pattern of historical customer base continue to shift, with an accelerated swing toward mobile use, streaming media, OTT entertainment consumption and to cloud-based systems
Need to respond more quickly to those changes and accelerate transformation into a provider of more flexible and recurring offerings that better serve the content protection needs of today.
Shift to a subscription-based business, including through SaaS offerings, needs to be more radical. Stepping up this transformation toward a more recurring revenue model will also require a sharper commercial approach