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Hansen Medical, Inc. Q2 2010 Earnings Call Transcript

Hansen Medical, Inc. (HNSN)

Q2 2010 Earnings Call Transcript

August 4, 2010 5:00 pm ET

Executives

Lasse Glassen – IR, Financial Relations Board

Fred Moll – Co-Founder and Executive Chairman

Bruce Barclay – President and CEO

Peter Osborne – Interim CFO

Analysts

Chris Pasquale – JP Morgan

Bill Carlisle – Morgan Stanley

Tim Lee – Piper Jaffray

Presentation

Operator

Good evening, ladies and gentlemen, thank you for standing by. Welcome to the Hansen Medical second quarter 2010 results conference call. During today’s presentation, all parties will be in a listen-only mode. Following the presentation the conference will be opened for questions. (Operator instructions) This conference is being recorded today, Wednesday, August 4th of 2010. And I would now like to turn the conference over to Lasse Glassen from Financial Relations Board. Please go ahead, sir.

Lasse Glassen

Thank you. Good afternoon everyone. Welcome to Hansen Medical’s 2010 second quarter results conference call. With us today are Hansen Medical’s Co-Founder and Executive Chairman, Fred Moll; President and CEO, Bruce Barclay; and the company’s interim Chief Financial Officer, Peter Osborne.

Before I turn the call over to management please remember that our prepared remarks and responses to questions will contain forward-looking statements. Words such as may, will, should, could, expects, believes, estimates, targets, plans, projects, goals, opportunity, outlook, and variations of these words and similar expressions are intended to identify forward-looking statements that are subject to a number of risks and uncertainties. Examples of such statements include statements about our expected operational and financial results, the expected number of Sensei systems to be sold and recognition of revenue on systems, the timing and results of our clinical studies, the receipt and timing of future regulatory approvals, the expected results of our cost reduction initiatives and the timing of future product introductions.

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