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TheStreet Open House

Dassault's CEO Discusses Q1 2011 Results - Earnings Call Transcript

Dassault Systèmes (DASTY)

Q1 2011 Earnings Conference Call

April 27, 2011 9:00 AM EST

Executives

François Bordonado – IR

Bernard Charles – CEO

Thibault de Tersant – CFO

Analysts

Jay Vleeschhouwer – Griffin Securities

Michael Briest – UBS

Knut Woller – UniCredit Group

Presentation

Operator

Thank you for standing by, ladies and gentlemen, and welcome to Dassault Systèmes 2011 first quarter financial results conference call.

At this time, all participants are in a listen-only mode. A short overview will be given, followed by a question-and-answer session. (Operator Instructions). I must advise you that this conference is being recorded today.

I would now like to hand the conference over to your speaker today, Mr. François Bordonado, Investor Relations. Please go ahead, sir.

François Bordonado

Thank you, Anya. Thank you for joining Bernard Charles, our CEO; and Thibault de Tersant, our CFO, for a review of our 2011 first quarter.

Dassault Systèmes financial results are prepared in accordance with IFRS. In addition, we have provided supplemental non-IFRS financial information. For an understanding of the differences between the two please see the reconciliation tables included in our earnings press release.

Some of the comment we will make on this call will contain forward-looking statement, which could differ materially from actual results. Please refer to our risk factor in today’s press release and in our 2010 Document de reference which we filed with the AMF.

I would now like to turn the call over to Bernard.

Bernard Charles

Thank you, François-Jose. Dassault Systèmes delivered a solid first quarter 2011 as our numbers demonstrate.

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