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IncrediMail CEO Discusses Q3 2010 Results - Earnings Call Transcript

IncrediMail Ltd. ( MAIL)

Q3 2010 Earnings Call

November 4, 2010 10:30 a.m. ET

Executives

Josef Mandelbaum – CEO

Yacov Kaufman – Chief Financial Officer

Ofer Adler – Founder and CPO

Analysts

Nick Haylen [ph] – Sidoti & Company

Abba Horwitz – Old School Partners

Kenneth Miller – Nokomis Capital

Michael Prouting – 10K Capital

Lyle Primer [ph] – Bishop Rosen

Walter Ramsley – Walrus Partners

Jane Widman [ph]

Victor Halpert – Halpert Capital

Question-and-Answer Session

Operator

(Operator Instructions) The first question is from Nick Haylen [ph] from Sidoti and Company. Please go ahead, sir.

Nick Haylen [ph] – Sidoti & Company

Good morning, guys.

Yacov Kaufman

Good morning, Nick

Nick Haylen [ph] – Sidoti & Company

My first question I have is about the new contract you guys said you signed with Google. I was wondering if you can give us a little more details regarding that and specifically, I don’t think it’s exact pricing, but would the pricing be somewhat similar to the original contract we saw?

Yacov Kaufman

Two things. What we said earlier, we received the term sheet from Google, and we expect to sign hopefully before the end of the year. So that’s just to clarify that specific comment.

In terms of, as you know, there’s confidentiality agreements in most of these – in all of these contracts, especially in the Google contracts, so I really can’t comment on specifics. But I think as we said, we do not expect to have a material impact on – negative impact on the company and its revenue streams to date.

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