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Perion's CEO Hosts 2012 Guidance Conference Call (Transcript)

Perion Network Ltd. (PERI)

2012 Guidance Conference Call

January 12, 2012 10:00 AM EST


Todd Fromer – KCSA

Josef Mandelbaum – CEO

Yacov Kaufman – CFO


Aram Fuchs – Fertilemind Capital



Ladies and gentlemen, thank you for standing by. Welcome to the Perion 2012 Guidance Conference Call.

All participants are at present in listen-only mode. Following management’s formal presentation, instructions will be given for the question-and-answer session. (Operator Instructions). As a reminder, this conference is being recorded, January 12, 2012.

With us today from Perion, we have Josef Mandelbaum, the CEO; and Yacov Kaufman, CFO.

I will now hand over the call to Todd Fromer of KCSA for the Safe Harbor information. Mr. Fromer, would you like to begin?

Todd Fromer

[Starts Abruptly] reviewing its current strategy, issuing guidance for its 2012 financial results and providing an update on the Smilebox acquisition. The press release detailed in 2012 guidance is available on the company’s new website, Also posted on the website is the live webcast that contains a slide presentation that will be used on this call and which will be archived.

Before we begin, I’d like to read the following Safe Harbor statement. Today’s discussion will include forward-looking statements. These statements reflect the company’s current views with the respect to future events. These forward-looking statements involve known and unknown risks, uncertainties and other factors, including those discussed under the heading “Risk Factors” and elsewhere in the company’s annual report on form 20-F that may cause actual results, performance or achievements to be materially different from any future results, performances or achievements anticipated or implied by these forward-looking statements.

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