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TheStreet Open House

VASCO's CEO Discusses Q2 2012 Results - Earnings Call Transcript

VASCO Data Security International, Inc. (VDSI)

Q2 2012 Earnings Conference Call

July 26, 2012 10:00 AM ET



Executives



Kendall Hunt - Chairman and Chief Executive Officer

Jan Valcke - President and Chief Operating Officer

Clifford Bown - Executive Vice President and Chief Financial Officer

Jochem Binst - Director of Corporate Communications



Analysts



Brian Freed - Wunderlich Securities

Joe Maxa - Dougherty & Co.

Frederick Ziegel - Topeka Capital Markets

Scott Zeller - Needham & Co.

Brian Freed - Wunderlich Securities



Presentation

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the VASCO Data Security International Inc. Q2 2012 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question-and-answer session. (Operator Instructions).

I would now like to turn the conference over to T. Kendall Hunt, Chairman, Founder, and CEO.

Please go ahead, sir.

Kendall Hunt



Thank you, operator. Good morning, everyone, for those listening in from Europe, good afternoon and from Asia, good evening. My name is Ken Hunt and I am Chairman, Founder, and CEO of VASCO Data Security International, Inc. On the call with me today are Jan Valcke, our President and Chief Operating Officer; and Cliff Bown, our EVP and Chief Financial Officer.

Before we begin the conference call, I would like Jochem Binst, VASCO’s Director of Corporate Communications to brief all of you on forward-looking statements.

Jochem Binst

Thank you Ken. Ladies and gentlemen, statements made in this conference call that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as believes, anticipates, plans, expects and similar words is forward-looking. And these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. I direct your attention to the company's filings with the U.S. Securities and Exchange Commission for a discussion of such risks and uncertainties in this regard.

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