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February 03, 2012 10:00 am ET
Susan E. Knight - Chief Financial Officer and Senior Vice President
William V. Murray - Interim Chief Executive Officer, Interim President and Director
John Franzreb - Sidoti & Company, LLC
Liam D. Burke - Janney Montgomery Scott LLC, Research Division
Good day, and welcome to the MTS First Quarter 2012 Earnings Release Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Ms. Sue Knight. Please go ahead.
Susan E. Knight
Thank you, Jennifer. Good morning, and welcome to MTS Systems' fiscal 2012 first quarter investor teleconference. Joining me on the call today is Bill Murray, Interim Chief Executive Officer.
I'd like to begin by reminding you that statements made today, which are not historical facts, could be considered forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Future results may differ materially from these statements depending upon risks, some of which are beyond management's control. A list of such risks can be found in the company's latest SEC Forms 10-Q and 10-K. The company disclaims any obligation to revise forward-looking statements made today based on future events. This presentation may also include reference to financial measures, which are not calculated in accordance with generally accepted accounting principles or GAAP. These measures may be used by management to compare the operating performance of the company over time. They should not be considered in isolation or as a substitute for GAAP measures.