These forward-looking statements that differ materially from our actual results and we are under no obligation to update these statements. Further as we have in previous calls, we will discuss non-GAAP financial measures on the call today and we have posted reconciliations of these non-GAAP financials to the most directly comparable GAAP measures on our website.With that I'll turn the call over to Harold. Harold? Harold Hughes Thanks, Satish and good afternoon everyone. For the quarter we reported customer licensing income of $49.2 million at the high end of the guidance we provided on our last quarterly call. This result benefiting from a successful license agreement we signed with Samsung at the beginning of the year. We're also seeing strong patent and solutions licensing revenues from our licensees driven by growing worldwide sales of computers and consumer electronics. This includes year-over-year increases in royalties from Samsung -- excuse me from Sony's PS3, that's been a 40% jump in sales since last years launch of the PS3 phone. We had expected during the quarter to receive decisions regarding both the ITC action and the coordinated cases before the CIFC. As you know that did not happen as both were delayed. Tom will go into more detail about progress in our legal front later in the call. Meanwhile, we are having very constructive discussions with potential licensees for our Mobile XDR Memory which we introduced in Q1 of this year. The Mobile XDR Memory Architecture offers a high bandwidth, low power memory solution tailored to the power and performance requirement for next-generation mobile products. Mobile XDR Memory delivers data rates of up to 4.3 gigabits per second. That's about 10 times faster than the memory in today's leading Smart Phones. It delivers this performance with an unmatched power efficiency of 2.2 megawatt per gigabits per second.
High performance at low power make it possible advanced applications life HD Video capture and 3D gaming in mobile phone. And Mobile XDR Memory superior power efficiency means that users can have an additional 30 minutes or even more of battery life while running these demanding applications.During the quarter furthered our drive adoption efforts as industry thought leaders. In May, Rambus Fellow Craig Hampel presented about the memory bandwidth requirement in the age of multicore computing. As multicore becomes pervasive, DRAM memory sub-systems will be severely challenged to deliver the required data throughput. Craig talked about how Rambus innovations increased bandwidth and throughput while adjusting the power problems with multicore systems. Solving these challenges has relevance across the entire electronics landscape. Next week at (inaudible) Micom we will show how Rambus innovations can advance the performance of DDR3 memory solutions. Also thanks to our innovations, higher performance DDR3 controllers can be implemented in low cost wire born packing new technology. This is a chip packaging of choice for HDTV and other high volume consumer electronics products. Thanks to our long term commitment to innovation, we mark the milestone of reaching 1,000 issued patents early this month, with tremendous credit going to Rambus scientist and engineers who have developed so many valuable inventions for the benefit of the industry and it customers. It's also a credit to the patent team who provides such outstanding support to our inventions. We also marked a great start for our diversification efforts with signing of the GE licensing for our lighting and display business. This is like getting a whole note at your first major to get back. GE is a renowned leader in lighting. To partner with GE as our licensee demonstrates the incredible value of technology that Jeff Parker and his team has created. GE and Rambus have signed a broad technology and patent license agreement for LED based lighting. Read the rest of this transcript for free on seekingalpha.com