THIS ANNUAL REPORT CONTAINS SEVERAL "FORWARD-LOOKING STATEMENTS" CONCERNING TOWNE SERVICES' OPERATIONS, PERFORMANCE, PROSPECTS, STRATEGIES AND FINANCIAL CONDITION, INCLUDING ITS FUTURE ECONOMIC PERFORMANCE, INTENT, PLANS AND OBJECTIVES AND THE LIKELIHOOD OF SUCCESS IN DEVELOPING AND EXPANDING ITS BUSINESS. THESE STATEMENTS ARE BASED UPON A NUMBER OF ASSUMPTIONS AND ESTIMATES WHICH ARE SUBJECT TO SIGNIFICANT UNCERTAINTIES, MANY OF WHICH ARE BEYOND THE CONTROL OF TOWNE SERVICES. ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS AS A RESULT OF SEVERAL FACTORS. PLEASE SEE "DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS" AT THE END OF ITEM...