Acacia Research Corporation (ACTG) Q2 2010 Earnings Call July 22, 2010; 04:30 pm ET Executives Paul Ryan - Chairman & Chief Executive Officer Chip Harris - President of Acacia Dooyong Lee - Executive Vice President Clayton Haynes - Chief Financial Officer. Analysts Mark Argento - Craig-Hallum Capital Jonathan Skeels - Davenport Harry Haskell - Private Investor Marilyn Patterson - Private Investor PresentationOperator
Ladies and gentlemen, this is the operator. Today’s conference is scheduled to begin momentarily. Until that time your lines will again be placed on musical. Thank you for your patience. Good afternoon and welcome ladies and gentlemen to the Acacia Research second quarter earnings release conference call. At this time, I would like to inform you that this conference is being recorded and that all participants are in a listen-only mode. At the request of the company, we will open the conference up for questions and answers at the end of the presentation. I will now turn the conference over to Mr. Paul Ryan. Please go ahead, sir. Paul Ryan Thank you for being with us today. Today's call may involve what the SEC considers to be forward-looking statements. Please refer to our 8-K, which was filed with the SEC today for our forward-looking statement disclaimer. In today's call, the terms we, us and our refer to Acacia Research Corporation and/or its wholly and majority-owned operating subsidiaries. All intellectual property acquisition, development, licensing and enforcement activities are conducted solely by certain Acacia Research Corporation’s wholly and majority-owned operating subsidiaries.