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July 24, 2012 04:30 PM ET
Alan Krock - CFO
Steve Nasiri - Chairman & CEO
Nick Clare - Robert Baird
Mark Delaney - Goldman Sachs
Richard Shannon - Craig-Hallum
Gus Richard - Piper Jaffray
Krishna Shankar - Roth Capital
Good day ladies and gentlemen and welcome to the First Quarter 2013 InvenSense Inc., Earnings Conference Call. My name is Fabiola and I will be your operator for today. (Operator Instructions). I would now like to turn the conference over to your host for today Mr. Alan Krock, Chief Financial Officer. Please proceed.
Thank you operator. Good afternoon and welcome to all, I need to begin our call with a forward-looking statements, statements by management in this conference call that are not historical are forward-looking statements as determined to find in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include projects of revenue gross margins and other financial metrics that maybe discussed during this conference call and potential for the continued technology, leadership of InvenSense devices and consumer electronic markets including comments on our current potential future market share.
Investors are cautioned that all forward-looking statements during this call involve risk and uncertainties that can cause actual results to differ from those currently anticipated due to a number of factors including without limitation, current global economic conditions, the business environment facing our customers or their belief concerning this environment, customer inventory levels, verticals, market mix, market acceptance of the Company’s products, production and introduction schedule, the rate of growth in sales, the company’s products.