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Oclaro's CEO Discusses Oclaro And Opnext Merger Conference Call (Transcript)

Oclaro, Inc. (OCLR)

Oclaro and Opnext Merger Conference Call

March 26, 2012 05:00 pm ET


Jim Fanucchi - Summit IR Group

Alain Couder - Chairman & CEO, Oclaro

Harry Bosco - Chairman & CEO, Opnext

Jerry Turin - CFO, Oclaro

Bob Nobile - CFO, Opnext


Patrick Newton - Stifel Nicolaus

Ehud Gelblum - Morgan Stanley

Subu Subrahmanyan- Juda Group

Hamed Khorsand - BWS Financial

William Stein - Credit Suisse



Good afternoon and welcome to the joint conference call announcing the proposed merger of Oclaro Inc and Opnext Inc. At this time, I would like to turn the call over to Mr. Jim Fanucchi of the Summit IR Group. Please go ahead, Mr. Fanucchi.

Jim Fanucchi

Welcome everyone to the Oclaro and Opnext proposed merger conference call and webcast. Please note that the slides accompanying today’s presentation are available in the Investor Relations section of each company's websites. And as a reminder, this conference call is being recorded for replay purposes.

During the course of this conference call webcast, we will be making a number of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to statements about Oclaro and Opnext and the proposed combination that the companies jointly announced earlier today; potential synergies and cost savings of such combination and the timing thereof; future financial and operating results; quarterly synergies; the combined company's plans, objectives, expectations and intentions with respect to future operations, products and services.

Such forward-looking statements are based on the current beliefs and expectations of Oclaro’s and Opnext management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally are beyond the control of Oclaro and Opnext. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors. Further information about the risks inherent in these forward-looking statements is contained in the joint investor presentation that was filed with the SEC today and the most recent Form 10-Q and most recent Form 10-K and other periodic reports filed by Oclaro and Opnext with the SEC.

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