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June 28, 2012 5:30 AM ET
Joanne Keates – Director, Corporate Communications
Michael Burdiek – President and CEO
Rick Vitelle – CFO
Mike Crawford – B Riley & Company
Marc Robins – Catalyst Research
Gene Weber – Weber Capital Management
Good afternoon. My name is Stephanie, and I will be your conference operator today. At this time, I would like to welcome everyone to the CalAmp First Quarter Conference Call. All lines have been placed on mute to avoid any background noise. After the speakers’ remarks, there will be a question-and-answer session. (Operator instructions). Thank you. Joanne Keates, Director of Corporate Communications; you may begin your conference.
Thank you, Stephanie. Good afternoon and welcome to CalAmp’s fiscal 2013 first quarter conference call. With us today are CalAmp’s President and Chief Executive Officer, Michael Burdiek and Chief Financial Officer, Rick Vitelle.
Before I turn the call over to management, please remember that our prepared remarks and responses to questions may contain forward-looking statements. Words such as may, will, expect, intend, plan, believe, seek, could, estimate, judgment, targeting, should, anticipate, goal, and variations of these words, and similar expressions, are intended to identify forward-looking statements.
Actual results could differ materially from those implied by such forward-looking statements due to a variety of factors including product demand, competitive pressures and pricing declines in the company’s satellite and wireless markets, the timing of customer approvals of new product designs, intellectual property infringement claims, interruptions or failure of our internet based systems used to wirelessly configure and communicate with the tracking and monitoring devices that we sell, and other risks and uncertainties that are described in the company’s annual report on Form 10-K for fiscal 2012 as filed April, 26 with the SEC.