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July 19, 2012 05:00 p.m. ET
Ron Black – President and CEO
Satish Rishi – CFO
Thomas Lavelle – General Counsel
Sharon Holt – General Manager, Semiconductor Business Group
Martin Scott – General Manager, New Business Group
Paul Coster – JP Morgan
Matthew Galinko – Sidoti & Company
Michael Cohen – MDC Financial Research
Hamed Khorsand – BWS Financial
Good day ladies and gentlemen and welcome to the Rambus Q2 2012 conference call. At this time all participants are in a listen-only mode. Later we will conduct the question-and-answer session and instructions will follow at that time. As a reminder, this conference call is being recorded. I would now like to introduce your host for today’s conference, Satish Rishi. Please go ahead.
Thank you Patrick. Welcome to the Rambus second quarter 2012 conference call. I'm Satish Rishi, CFO and on the call today are Ron Black, President and CEO, Thomas Lavelle our General Counsel, Sharon Holt, General Manager of Semiconductor Business Group and Martin Scott, General Manager, New Business Group.
Before we begin, I need to inform you that the press release for the results that will be discussed here today have been filed with the SEC on Form 8-K. A replay of this call will be available for the next week at 855-859-2056. You can hear the replay by dialing the toll-free number and then entering ID number 10812253 when you hear the prompt. In addition, we are simultaneously webcasting this call, along with the audio we'll be webcasting slides too. So even if you're joining us via conference call, you may want to access the webcast for the slide presentation. A replay of this call can be accessed on our website beginning today at 5:00 p.m. Pacific Time.