Methode Electronics Inc. (MEI) F4Q10 (Qtr End 05/01/2010) Earnings Call July 1, 2010 11:00 AM ET Executives Don Duda – President and CEO Doug Koman – Chief Financial Officer Analysts David Leiker – Robert W. Baird Jeremy Hellman – Divine Capital Markets PresentationOperator
Greetings. And welcome to the Methode Electronics Fiscal 2010 Fourth Quarter Earnings Presentation. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. (Operator Instructions) As a reminder, this conference is being recorded. This conference call does contain certain forward-looking statements, which reflect management’s expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements are subject to the Safe Harbor protection provided under the securities laws. Methode undertakes no duty to update any forward-looking statements to conform the statement to actual results or changes in Methode’s expectation on a quarterly basis or otherwise. The forward-looking statements in this conference call involve a number of risks and uncertainties. The factors that could cause actual results to differ materially from our expectations are detailed in Methode’s filings with the Securities and Exchange Commission, such as our annual and quarterly report. Such factors may include, without limitations, the following, dependence on a small number of large customers; dependence on the automotive, appliance, computer and communications industries and the consumer and industrial equipment markets; seasonal and cyclical nature of some of our businesses, including further downturns in the automotive industry; ability to compete effectively in our technology-based business and the markets in which we operate; customary risks related to conducting international operations; ability to keep pace with rapid technological changes; ability to avoid design or manufacturing defects; ability to protect our intellectual property or if we infringe or are alleged to infringe, on another person’s intellectual property; dependence on the availability and price of raw materials; affect of acquisition or divestiture of various business operations on our business, financial condition and operating results; significant fluctuation between the U.S. dollar and other currencies; unfavorable tax legislation; the future trading price of our common stock could be subject to wide price fluctuations; and risks of owning real property.