Disclaimer "forward looking statements"

The documents provided on this website contains forward-looking statements and information that is, statements related to future, not past, events. These statements may be identified by words such as "expects," "looks forward to," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "will," "project" or words of similar meaning. Such statements are based on the current expectations and certain assumptions of Halberd's management, and are, therefore, subject to certain risks and uncertainties. A variety of factors, many of which are beyond Halberd's control, affect Halberd's operations, performance, business strategy and results and could cause the actual results, performance or achievements of Halberds to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. In particular, Halberds is strongly affected by changes in general economic and business conditions as these directly impact its processes, customers and suppliers. This may negatively impact our revenue development and the realization of greater capacity utilization as a result of growth. Yet due to their diversity, not all of Halberd's businesses are equally affected by changes in economic conditions; considerable differences exist in the timing and magnitude of the effects of such changes. This effect is amplified by the fact that, as a global company, Halberds is active in countries with economies that vary widely in terms of growth rate. Uncertainties arise from, among other things, the risk of customers delaying the conversion of recognized orders into revenue or cancelling recognized orders, of prices declining as a result of adverse market conditions by more than is currently anticipated by Halberd's management or of functional costs increasing in anticipation of growth that is not realized as expected. Other factors that may cause Halberd's results to deviate from expectations include developments in the financial markets, including fluctuations in interest and exchange rates (in particular in relation to the US$, British £ and the currencies of emerging markets such as China, India and Brazil), in commodity and equity prices, in debt prices (credit spreads) and in the value of financial assets generally. Any changes in interest rates or other assumptions used in calculating obligations for pension plans and similar commitments may impact Halberd's defined benefit obligations and the anticipated performance of pension plan assets resulting in unexpected changes in the funded status of Halberd's pension and other post-employment benefit plans. Any increase in market volatility, deterioration in the capital markets, decline in the conditions for the credit business, uncertainty related to the subprime, financial market and liquidity crises, including the sovereign debt crisis in the Eurozone, or fluctuations in the future financial performance of the major industries served by Halberds may have unexpected effects on Halberd's results. Furthermore, Halberds faces risks and uncertainties in connection with: disposing of business activities, certain strategic reorientation measures, including reorganization measures relating to its segments; the performance of its equity interests and strategic alliances; the challenge of integrating major acquisitions, implementing joint ventures and other significant portfolio measures; the performance, measurement criteria and composition of its environmental portfolio; the introduction of competing products or technologies by other companies or market entries by new competitors; changing competitive dynamics (particularly in developing markets); the risk that new products or services will not be accepted by customers targeted by Halberds; changes in business strategy; the interruption of our supply chain, including the inability of third parties to deliver parts, components and services on time resulting for example from natural disasters; the outcome of pending investigations, legal proceedings and actions resulting from the findings of, or related to the subject matter of, such investigations; the potential impact of such investigations and proceedings on Halberd's business, including its relationships with governments and other customers; the potential impact of such matters on Halberd's financial statements, and various other factors. More detailed information about certain of the risk factors affecting Halberds is contained throughout this report and in Halberd's other filings with the SEC, which are available on the, www.otcmarkets.com, and on the SEC’s website, www.sec.gov. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the relevant forward-looking statement as expected, anticipated, intended, planned, believed, sought, estimated or projected. Halberds neither intends to, nor assumes any obligation to, update or revise these forward-looking statements in light of developments which differ from those anticipated.