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Good afternoon. My name is Sabrina and I will be your conference operator today. At this time I would like to welcome everyone to the second quarter financial results conference call. All lines have been placed on mute to prevent any background noise. After the speakers remarks there will be a question-and-answer session. (Operator Instructions). Thank you.
I would now like to turn the conference over Janine Zanelli. Please go ahead ma’am.
Welcome to Local Corporation’s second quarter 2012 conference call. With me are Local’s Chairman and CEO, Heath Clarke; and our Chief Financial Officer, Ken Cragun. Heath and Ken will discuss our second quarter 2012 results and updated guidance for the full year 2012. We’ll then open the lines for questions.
Today’s discussion includes forward-looking statements that are subject to risks and uncertainties that can cause actual results to differ materially from those expressed in the forward-looking statement. These risks and uncertainties will be outlined at the end of this conference call and are detailed in Local.com’s SEC filings. Any forward-looking statements are only made as of the date of this conference call and we undertake no obligation to update such statements to reflect subsequent events or circumstances.