Ditech Networks, Inc. F4Q10 (Qtr End 04/30/10) Earnings Call Transcript

Ditech Networks, Inc. (DITC)

F4Q10 (Qtr End 04/30/10) Earnings Call Transcript

May 27, 2010 4:30 pm ET

Executives

Bill Tamblyn – CFO and EVP

Todd Simpson – President and CEO

Presentation

Operator

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Ladies and gentlemen, thank you for standing by. Welcome to the Ditech Networks' fourth quarter fiscal year 2010 conference call. At this time, all participants are in a listen-only mode. (Operator instructions) And as a reminder, this conference is being recorded.

I would now like to turn the conference over to Bill Tamblyn, Chief Financial Officer. Please go ahead.

Bill Tamblyn

Thank you very much. Good afternoon, everyone. This is Bill Tamblyn, the Chief Financial Officer of Ditech Networks. Thank you for joining us on this conference call today, and we will cover Ditech’s announcement of the results for its fiscal 2010 fourth quarter ended April 30^th, 2010.

Today’s conference call will cover our financial results for the quarter and we will also provide our outlook for the first half of fiscal 2011. Todd Simpson, Ditech’s President and CEO, will provide the business and strategic analysis and I will provide a more detailed analysis on the financials. Before we begin, let me state that this conference call is being held on May 27^th, 2010. Any sound recording or republishing of the contents of this conference call is expressly forbidden without the written approval of Ditech Networks.

Also, we must point out that there are as with similar presentations, the following discussion contains forward-looking statements and in particular, the financial projections of our first half of fiscal 2011 that involve risks and uncertainties. Our actual results may differ materially from those discussed here. We will attempt to identify such forward-looking statements with qualifying words such as we intend, plan, believe, estimate or predict, or we may, could, should or will or other comparable language.