The ollowing report contains statements that are orwardlooking, including expectations and predictionsregarding uture industry trends and developments. Actual results may dier materially rom our expectations orprojections. This report also contains opinions, estimates, and orwardlooking statements by industry leaders.Such statements are the personal opinions o the individuals quoted and should not be attributed to any otherentity or individual. Readers are cautioned not to place undue reliance upon orward-looking statements, whichspeak only as to the date o this document. Except as required by law, neither Razorfsh, LLC nor any o itsafliated entities undertake any obligation to update any orwardlooking or other statements in this document,whether as a result o new inormation, uture events or otherwise.© Razorfsh, LLC. All rights reserved.
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