Tier Technologies, Inc. F2Q10 (Qtr End 03/31/2010) Earnings Call Transcript

Tier Technologies, Inc. (TIER)

F2Q10 Earnings Call

May 11, 2010 5:00 pm ET

Executives

Liz Bowman – Director SEC Reporting

Ronald L. Rossetti – Chairman and Chief Executive Officer

Nina K. Vellayan – Executive Vice President and Chief Operating Officer

Ronald W. Johnston – Chief Financial Officer

Keith S. Kendrick – Senior Vice President of Strategic Marketing

Analysts

Brett Huff - Stephens, Inc.

Presentation

Operator

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Welcome everyone to the Tier Technologies second quarter earnings conference call for fiscal year 2010. (Operator Instructions) Ms. Bowman, you may begin your conference.

Liz Bowman

Good afternoon. My name is Liz Bowman, Tier Technologies’ Director of SEC Reporting. At this time I would like to welcome everyone to the Tier Technologies’ earnings conference call for the quarter ended March 31, 2010. Today’s call is scheduled for one hour.

Yesterday we issued a press release announcing Tier's financial results for the second quarter ended March 31, 2010. This afternoon we issued a copy of the text of today’s call, not including the Q&A, and accompanying presentation which includes charts that will be referenced during this call. A copy of these materials can be found in the Investor Relations section of our web site, www.tier.com.

We invite shareholders and analysts who wish to speak to management about the company and its performance to schedule a meeting by contacting our CFO, Ron Johnston, at 571-382-1333 or [e-mail]. A taped replay of this call will be available on the company's web site beginning Tuesday, May 11, 2010 at 8:00 pm Eastern Time until 11:59 pm Eastern Time on May 25, 2010. Alternatively, you can hear a replay by dialing 866-455-0163.