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Good day ladies and gentlemen and welcome to Stamps.com 2012 Annual Meeting of Stockholders. At this time, all participants are in a listen-only mode. (Operator Instructions) As a reminder this conference call maybe recorded. I would now like to hand the conference over to Mr. Seth Weisberg, Chief Legal Officer and Secretary. Sir, you may begin.
Thank you very much. Good morning. My name is Seth Weisberg, as Chief Legal Officer and Secretary of Stamps.com I’m pleased to call this annual meeting of stockholders to order and to welcome you. I will act as Chairman of this meeting and Matt Lipson our VP of legal affairs will act as Secretary of the meeting. Mr. Jim Hunter of Computershare is hereby appointed Inspector of Elections for the meeting. This meeting is being held pursuant to the written notice, which was mailed around May 3, 2012 together with our proxy statement related to the company’s annual meeting to each stockholder of record at Stamps.com as of the close of business on April 19, 2012. The first order of business is to determine the presence of a quorum.
I hereby present a list of the stockholders of record who are entitled to vote at this meeting, which will remain available for inspection by the stockholders during the course of this meeting. Further, I present copies of the notice of annual meeting and the proxy statement together with an affidavit as for the mailing of such materials to the stockholders. All of which will be filed with the minutes of this meeting.