Verenium Corporation (VRNM)
Q4 2011 Earnings Call
March 5, 2012 8:30 am ET
James Levine – President, Chief Executive Officer
Jeffrey Black – Senior Vice President, Chief Financial Officer
Janet Roemer – Chief Operating Officer
Kelly Lindenboom – Vice President, Corporate Communications
Good day ladies and gentlemen and welcome to the Verenium Corporation Fourth Quarter 2011 Earnings call. At this time, all participants are in a listen-only mode. If anyone should require assistance on the call, please press star then zero on your touchtone telephone. As a reminder, today’s call is being recorded.
I would now like to turn the conference over to your host, Kelly Lindenboom. Ma’am, you may begin.
Thank you for joining Verenium’s Fourth Quarter and Year-End 2011 conference call this morning. I’m Kelly Lindenboom. With me today are Jamie Levine, our President and CEO, Janet Roemer, our Chief Operating Officer; and Jeff Black, our Chief Financial Officer. The agenda for today’s call is as follows: first, Jamie will discuss today’s announcement, including our current financing strategy as well as the potential sale of the Company, and then give an update on progress made during 2011. Jeff with then review our financial results for the full-year 2011 and provide 2012 guidance, and Janet will then discuss commercial operations, including Q4 and full-year 2011 product performance.
Given the nature of the items we disclosed this morning and the status of ongoing discussions, we will not be taking questions on today’s call.
Before we begin, I would like to advise you that this discussion will include certain statements that are not historical facts and are forward-looking statements that involve a high degree of risk and uncertainty. These statements relate to matters such as our strategy, future operating plans, markets for our products, partnering, collaboration activities, public policy, financing and M&A activities, technical and business outlook, and our 5.5% notes. The Company’s actual results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include but are not limited to those discussed in our filings with the SEC, including but not limited to our report on Form 10-K for the year ended December 31, 2011. These forward-looking statements speak only as of the date hereof.