By Business Wire
This press release contains forward-looking statements within the meaning of the U.S. securities laws, including statements regarding the expected benefits of the Frauscher Sensor Technology Group, the anticipated synergies of the transaction, the expected impact on Wabtec鈥檚 operational and financial performance, (including business growth opportunities and TAM), and certain projected financial results of Frauscher Sensor Technology Group. These statements and all statements other than historical facts constitute forward-looking statements concerning future circumstances and results and are sometimes identified by the words 鈥渁nticipate,鈥 鈥渆stimate,鈥 鈥渆xpect,鈥 鈥渙utlook,鈥 鈥減osition,鈥 鈥減roject,鈥 鈥渞ecur,鈥 鈥渟trategy,鈥 and 鈥渨ill鈥 or other similar words or expressions. Forward-looking statements are based upon current plans, assumptions, estimates and expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. For more information on these risks, please refer to Wabtec鈥檚 filings with the SEC. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) unexpected costs, charges or expenses resulting from the transaction; (2) uncertainty of the expected financial performance of Frauscher Sensor Technology Group and the combined company following completion of the transaction; (3) risks associated with the integration of Frauscher Sensor Technology Group and the potential for failure to realize the anticipated benefits and synergies of the transaction; (4) the ability of the combined company to implement its business strategy; (5) inability to retain key personnel; (6) changes in general economic and/or industry specific conditions; and (7) other risk factors as detailed from time to time in Wabtec鈥檚 reports filed with the Securities and Exchange Commission. The foregoing list of important factors is not exclusive.