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August 8, 2012 10:00 am ET
Ehud Helft – Investor Relations, CCG Investor Relations
Eli Fruchter – President and Chief Executive Officer
Dror Israel, Chief Financial Officer
Gary Mobley – The Benchmark Company, LLC
Daniel A. Berenbaum – MKM Partners LLC
Joseph Wolf – Barclays Capital
Daniel Meron – RBC Capital Markets
Jay Srivatsa – Chardan Capital Markets LLC
Paul McWilliams – Next Inning Technology Research
Sundeep Bajikar – Jefferies & Co.
Ladies and gentlemen, thank you for standing by. Welcome to the EZchip Second Quarter 2012 Results Conference Call. All participants are at present in listen-only mode. Following management’s formal presentation, instructions will be given for the question-and-answer session. (Operator Instructions) As a reminder, this conference is being recorded, August 8, 2012.
I would like to remind everyone that forward-looking statements for the respected company’s business, financial condition and results of its operations are subject to risks and uncertainties, which could cause actual results to differ materially from those contemplated.
Such forward-looking statements include but are not limited to, product demand, pricing, market acceptance, changing economic conditions, risks in product and technology development and the effect of the company’s accounting policies as well as certain other risk factors which are detailed from time to time in the company’s filings with the various securities authorities.
I’d now like to hand the call over to Mr. Ehud Helft of CCG Investor Relations. Mr. Helft, please go ahead.
Thank you, operator, and good day to everybody. I would like to welcome all of you to EZchip’s second quarter 2012 conference call and thank EZchip’s management for hosting this call. With us on the line today are Mr. Eli Fruchter, CEO; and Mr. Dror Israel, CFO.