Metabolix, Inc. (MBLX) Q2 2010 Earnings Call Transcript July 28, 2010 4:30 pm ET Executives James Palczynski – IR, ICR Richard Eno – President and CEO Joseph Hill – CFO Analysts Michael Cox – Piper Jaffray Laurence Alexander – Jefferies Pamela Bassett – Cantor Fitzgerald Jeff Osborne – Stifel Nicolaus Ian Horowitz – Rafferty Capital Market JinMing Liu – Ardour Capital PresentationOperator
Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to the Metabolix Inc. second quarter 2010 earnings conference call. Today's call is being recorded. At this time, all participants are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. Instructions will be provided at that time for you to queue up for your questions. I would now like to turn the conference over to Mr. James Palczynski of ICR. Please go ahead. James Palczynski Thank you and good afternoon to everyone. Metabolix released second quarter 2010 financial results after the market closed today. If you do not have a copy of the press release, I’d just like to point out that one may be found on the company’s website at www.metabolix.com in the Investor Relations section. Making today’s presentation will be Richard Eno, President and Chief Executive Officer of Metabolix and Joseph Hill, Chief Financial Officer of the company. They are joined today by Oliver Peoples, the Co-founder of Metabolix and the company's Chief Scientific Officer. Before we begin formal remarks, I just need to remind everyone that part of our discussion today will include forward-looking statements. These statements are not guarantees of future performance and therefore, undue reliance should not be put upon them. The company undertakes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this conference call. We would refer all of you to our recent filings with the SEC for a more detailed discussion of the risks that could impact our future operating results and financial condition.