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July 24, 2012 5:00 pm ET
Robert C. Paul - Chief Executive Officer and Director
Joseph Angileri - President and Chief Operating Officer
Laura L. Fournier - Chief Financial Officer, Chief Accounting Officer, Executive Vice President and Treasurer
Stewart Materne - Evercore Partners Inc., Research Division
Aaron Schwartz - Jefferies & Company, Inc., Research Division
Mark C. Jordan - Noble Financial Group, Inc., Research Division
James Derrick Wood - Susquehanna Financial Group, LLLP, Research Division
Michael Latimore - Northland Capital Markets, Research Division
Hello, and welcome to the Compuware Corporation First Quarter Earnings Release Teleconference. At the request of Compuware, this conference is being recorded for instant replay purposes. At this time, I'd like to turn the conference over to Ms. Lisa Elkin, Senior Vice President of communications and Investor Relations for Compuware Corporation. Ms. Elkin, you may begin.
Thank you very much, Tom, and good afternoon, ladies and gentlemen. With me this afternoon are Bob Paul, Chief Executive Officer; Joe Angileri, President and Chief Operating Officer; and Laura Fournier Executive Vice President and Chief Financial Officer. Certain statements made during this conference call that are not historical facts, including those regarding the company's future plans, objectives and expected performance, are forward-looking statements within the meaning of the federal securities laws. These forward-looking statements represent our outlook only as of the date of this conference call. While we believe any forward-looking statements we have made are reasonable, actual results could differ materially since the statements are based on our current expectations and are subject to risks and uncertainties. These risks and uncertainties are discussed in the company's reports filed with the Securities and Exchange Commission. You should refer to and consider these factors when relying on such forward-looking information. The company does not undertake and expressly disclaims any obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.