NCR is pleased with the Seventh Circuit’s rulings. NCR took a leadership position in cleaning up the Fox River, and believes that it has already done more than its fair share of the work. NCR has consistently advocated that a reasonable remediation project shared in by all responsible parties should be the goal of the regulatory authorities. It is now time for others to participate in the cleanup and to reimburse NCR for costs paid in excess of its divisible share. NCR intends to vigorously pursue these goals.
NCR is still analyzing the impact of these rulings. NCR expects a
favorable impact to NCR’s Fox River reserve, which was
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Web site: www.ncr.com,
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Note to Investors - This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements use words such as “ “expect,” “believe,” “intend, and “pursue” and other similar expressions or future or conditional verbs such as “will,” “should,” “would” and “could”. They include statements about NCR's expectations with respect to potential outcomes in pending environmental litigation and the related impact on NCR’s reserves and free cash flow. Forward-looking statements are based on management's current beliefs, expectations and assumptions, and involve a number of known and unknown risks and uncertainties, many of which are out of NCR's control.
Forward-looking statements are not guarantees of future performance, and
there are a number of factors, risks and uncertainties that could cause
actual outcomes and results to differ materially from the results
contemplated by such forward-looking statements. Factors that may cause
future results to differ include actions taken by the other parties, the
regulators and the courts in response to the Seventh Circuit decisions
announced yesterday, other matters relating to environmental exposures
from our historical and ongoing manufacturing activities and other
factors detailed in the Company's 2013 Annual Report on Form 10-K filed
with the
Source:
Investor Contact
NCR Corporation
Tracy H. Krumme,
212-589-8569
tracy.krumme@ncr.com
or
Media
Contact
NCR Corporation
Kevin Ruane, 212-589-8553
kevin.ruane@ncr.com