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Good day ladies and gentlemen welcome to the Crexendo Incorporated 2012 First Quarter Earnings Conference Call. (Operator Instructions). At this time I would like to hand things over to Mr. Steve Mihaylo, Chief Executive Officer. Please go ahead sir.
Good afternoon everyone. I am pleased to be here today and to go over first quarter results with you, I have with me on this call on our conference room, Doug Gaylor, our Vice President of Sale, Jon Erickson our Chief Financial Officer, David Krietzberg, our Chief Administrative Officer and Jeff Korn, our Legal Officer. I am also pleased to introduce you to Ron Wilson, our new VP of Finance, Satish Bhagavatula, our Lead Engineer in Phoenix and Dave Hudson, our controller.
I am going to ask Jeff to read our safe harbor information and after that I will give a brief overview of the quarter. Jon will provide some additional granularity to the numbers. If you have any questions we will open it up for calls afterwards or questions afterwards. Jeff, would you please provide the safe harbor statement.
I want to take this opportunity to remind listeners that this call be contain forward-looking statement within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 provides a Safe Harbor for such forward-looking statements. All statements made in this conference call other than statements of historical fact are forward-looking statements.