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December 22, 2011 4:30 p.m. ET
Joanne Keates - Director of Corporate Communications
Michael Burdiek - President and CEO
Rick Vitelle - VP Finance, CFO and Secretary
Mike Crawford - B. Riley & Co.
John Henderson - Inflection Point Investing
Orin Hirschman - AIGH Investment
Marc Robins - Catalyst Research
Good afternoon. My name is Jessica. And I will be your conference operator today. At this time, I’d like to welcome everyone to the fiscal year 2012 third quarter conference call. (Operator instructions). Thank you. Joanne Keates, Director of Corporate Communications, you may begin your conference.
Thank you, Jessica. Good afternoon and welcome to CalAmp’s fiscal 2012 third quarter conference call. With us today are CalAmp’s President and CEO, Michael Burdiek and CFO, Rick Vitelle.
Before I turn the call over to management, please remember that our prepared remarks and responses to questions may contain forward-looking statements. Words such as may, will, expect, intend, plan, believe, seek, could, estimate, judgment, targeting, should, anticipate, goal, and variations of these words, and similar expressions, are intended to identify forward-looking statements.
Actual results could differ materially from those implied by such forward-looking statements due to a variety of factors, including product demand, competitive pressures and pricing declines in the company’s satellite and wireless markets, the timing of customer approvals of new product designs, the length and extent of the global economic downturn that has and may continue to adversely affect the company’s business, and other risks and uncertainties that are described in the company’s annual report on Form 10-K for fiscal 2011 as filed on April 28, 2011 with the SEC.