Good morning ladies and gentlemen, welcome to the Q2 2010 results conference call of Software AG. Please note that for the duration of the presentational participants will be in listen only mode and a conference is being recorded. After the presentation there will be an opportunity to ask questions. (Operator Instructions). At this time I would like to turn the conference over to Otmar Winzig Senior VP Investor Relations and Compliance. Please go ahead Mr. Winzig. Otmar Winzig Thank Jason, good morning ladies and gentlemen. Before we start please allow me some housekeeping remarks of how to access the conference to dial in number for today’s call has been published by email and on our website. In addition the conference call will broadcast also via webcast in listen only mode. Access to the webcast via our investor relations website. The webcast will display the PowerPoint presentation charts used in this call, the same charts are on our website for download and the full presentation has been emailed to all invited parties in PDF format this morning. The call on the webcast will be recorded and available for replay later today. The agenda of today’s call is the following Karl-Heinz Streibich will give you a summary of the achievements in the first half year and an update on the execution of our strategy including our outlook for fiscal 2010.