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And thank you for joining us at the Rambus Annual Meeting and thank you for joining us on the web. Before proceeding further, I would like to introduce the Directors and Director nominees of the company who are here with us today. And if you can please stand when I call your name. Tom Bentley, our Chairman; Penny Herscher; Eric Stang; please stand; Dave Shrigley and Sunlin Chou. Thank you. And if I may also introduce the Rambus officers who are here today. Tom Lavelle, our General Counsel; Satish Rishi, our CFO; Sharon Holt who runs our Semiconductor Group; and Martin Scott, who runs our New Business Group.
Also it is today are our audit partner, [Samira Shikar] come here thank you. Aaron Alter from Wilson Sonsini, who has been with us for quite some time. Samir helps us through the complicated ever-growing competitive world of accounting nowadays. I will like to chairperson this meeting and I have asked Tom Lavelle, our Senior Vice President, General Counsel and Secretary to facilitate and record the minutes of this meeting. Tom?
Thanks Harold. If you have not yet received your copies of the agenda and meeting procedures, please raise your hand and copies will be provided to you. In order to ensure that business of the meeting proceeds in an orderly fashion, we ask that you please observe the procedures.