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November 2, 2011 10:00 a.m. ET
Bill Petty – Chairman, CEO
David Petty – President
Jody Phillips - CFO
William Plovanic – Canaccord Genuity
Jeff Johnson – Robert W. Baird
James Sidoti – Sidoti & Company
Chris Vicini – Eagle Asset Management
Mike (Lande) – Summer Street Research
Jim Quentin – Barrett & Company
Welcome to the Exactech Third Quarter 2011 Earnings Conference Call. During today’s presentation, all participants will be in a listen-only mode. Following the presentation, the conference will be open for questions. (Operator Instructions).
Today’s conference is being recorded November 2, 2011.
I would now like to turn the conference over to Dr. Bill Petty, CEO. Please, go ahead.
Thank you, and welcome to all of you to the Exactech quarter three conference call. As I always do, I will begin with the forward-looking statements statement.
This release contains various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
They represent the company’s expectations or beliefs concerning future events of the company’s financial performance. These forward-looking statements are further qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements.
These factors, include the effect of competitive pricing, the company’s dependence on the ability of third-party manufacturers to produce components on a basis which is cost effective to the company, market acceptance of the company’s products, effects of government regulation, and other probable effects. Results actually achieved may differ from the expected results included in these statements.