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August 7, 2012 4:45 PM ET
Jeffrey Jagid – Chairman and CEO
Ned Mavrommatis – CFO
Darryl Miller – COO
Ken Erhman – President
Matthew Hoffman – Cowen
Zach Ajzenman – Griffin Securities
Good day ladies and gentlemen and welcome to the I.D. Systems Inc. second quarter 2012 conference call. At this time, all participants are in a listen-only mode. Later, we’ll have a question-and-answer session and instructions will follow at that time. (Operator Instructions) As a reminder, today’s conference is being recorded.
I would now like to turn the conference over to your host for today, Mr. Jeffrey Jagid. Sir, you may begin.
Thank you. Welcome to I.D. Systems fiscal 2012 second quarter conference call. Thank you for joining us today. I’m Jeffrey Jagid, the Chairman and CEO of I.D. Systems. Joining me today are our CFO, Ned Mavrommatis; our Chief Operating Officer, Darryl Miller; and Ken Ehrman, the President of I.D. Systems.
I will provide a brief overview of our results for the quarter and year to date, Ned will detail our financials, Darryl will update you on the performance of our Asset Intelligence subsidiary, and Ken will review the highlights of our vehicle management business. We will then open the call to your questions.
Before we begin, let me reiterate the Safe Harbor statement under the Private Securities Litigation Reform Act of 1995.