Before you begin reviewing this website, please remember that we changed our name from The Stanley Works to Stanley Black & Decker, Inc. (the "Company") in connection with our acquisition of The Black & Decker Corporation in March 2010. This website does not include results from the Black & Decker business because the financial statements and other information contained herein pre-date the Black & Decker acquisition. If you wish to see historical information about Black & Decker, you can download the Black & Decker 2009 Annual Report on Form 10-K.

Cautionary Statements Under the Private Securities Litigation Reform Act of 1995

Statements on this website, including statements made in the Company's materials linked to this website, that are not historical, including, but not limited to, those that often contain words such as "expect," "anticipate," "intend," "plan," believe," "seek," "see," or "will," are "forward-looking statements" and subject to risk and uncertainty. The results that are expressed or implied in such statements are based on expectations at the time the statements were made and involve inherent risks and uncertainties that could delay, divert, or change any of such statements, and could cause actual outcomes and results to differ materially from those expectations.

In addition to the risks, uncertainties and other factors set forth or referred to under Item 1A Risk Factors of the Company's 2009 Annual Report on Form 10-K, Item 1A Risk Factors of Black & Decker Corporation's 2009 Annual Report on Form 10-K, and any material changes thereto set forth in any subsequent Quarterly Reports on Form 10-Q, those contained in the Company's Registration Statement on Form S-4 concerning risk factors related to the Company following its combination with Black & Decker, and those contained in the Company's other filings with the Securities and Exchange Commission, the risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied in the forward-looking statements include, without limitation: the success of the Company's marketing and sales efforts; the ability of the Company to maintain or improve production rates in the Company's manufacturing facilities, respond to significant changes in product demand and fulfill demand for new and existing products; the Company's ability to continue improvements in working capital through effective management of accounts receivable and inventory levels; the ability to continue successfully managing and defending claims and litigation; the success of the Company's efforts to mitigate any cost increases generated by significant Chinese Renminbi or other currency appreciation; the geographic distribution of the Company's earnings; the commitment to and success of the Stanley Fulfillment System; successful integration of businesses and acquisitions; the continued acceptance of technologies used in the Company's products and services; the Company's ability to manage existing franchisee and distributor relationships; the Company's ability to minimize costs associated with any sale or discontinuance of a business or product line, including any severance, restructuring, legal or other costs or asset impairments; the proceeds realized with respect to any business or product line disposals; the success of the Company's efforts to manage, including the ability to sustain or increase prices to mitigate, freight costs, steel, energy, non-ferrous and other commodity costs and any inflation increases; the Company's ability to generate free cash flow and maintain a strong debt to capital ratio; the Company's ability to identify and effectively execute productivity improvements and cost reductions, while minimizing any associated restructuring charges; the continued ability of the Company to access credit markets under satisfactory terms; and the Company's ability to negotiate satisfactory payment terms under which the Company buys and sells goods, services, materials and products.

The Company's ability to achieve results expressed or implied in the forward-looking statements will also be affected by external factors. These external factors include: pricing pressure and other changes within competitive markets; the continued consolidation of customers particularly in consumer channels; inventory management pressures on the Company's customers; the impact the tightened credit markets may have on customers or suppliers; the extent to which the Company has to write off accounts receivable or assets or experiences supply chain disruptions in connection with bankruptcy filings by customers or suppliers; increasing competition; changes in laws, regulations and policies that affect the Company, including, but not limited to trade, monetary, tax and fiscal policies and laws; the timing and extent of any inflation or deflation in 2010; currency exchange fluctuations; the impact of dollar/foreign currency exchange and interest rates on the competitiveness of products and the Company's debt program; the strength of the U.S. and European economies; the extent to which world-wide markets associated with homebuilding and remodeling stabilize and rebound; the impact of events that cause or may cause disruption in the Company's manufacturing, distribution and sales networks such as war, terrorist activities, and political unrest; and recessionary or expansive trends in the economies of the world in which the Company operates, including, but not limited to, the extent and duration of the current recession in the U.S. economy.

The Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that may arise after the date hereof.

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