Ultralife Corporation (ULBI)

Q2 2010 Earnings Call

July 29, 2010 10:00 am ET

Executives

Jody Burfening - Lippert/Heilshorn & Associates

John Kavazanjian - President & CEO

Philip Fain - CFO & Treasurer

Analysts

Walter Nasdeo - Ardour Capital

James Mcllree - Merriman

Sam Bergman - Bayberry Asset Management

Presentation

Operator

Good day and welcome to the Ultralife Corporation Second Quarter Earnings Conference Call. At this time, I would like to turn the conference over to Ms. Jody Burfening. Please go ahead.

Jody Burfening

Thank you, and good morning, everyone. This is Jody Burfening of Lippert/Heilshorn & Associates. Thank you for joining us this morning for the Ultralife Corporation's earnings conference call for the second quarter of fiscal 2010.

With us on today's call are John Kavazanjian, Ultralife's President and CEO; and Philip Fain, Ultralife's Chief Financial Officer. The earnings press release was issued earlier this morning and if anyone has not yet received a copy, I invite you to visit the Ultralife website at www.ultralifecorp.com, where you will find the release under Investor News in the Investor Relations section.

Before turning the call over to management, I'd like to remind everyone that some statements made during this conference call contains forward-looking statements based on current expectations. Actual results could differ materially from those projected as a result of various risks and uncertainties. These include worsening global economic conditions, increased competitive environment and pricing pressures, and possibility of intangible asset impairment charges that may be taken, should management decide to retire one or more brands of acquired companies.

The company cautions investors not to place undue reliance on forward-looking statements, which reflect the company's analysis only as of today's date. The company undertakes no obligation to publicly update forward-looking statements to reflect subsequent events or circumstances. A more detailed description of such uncertainties is contained in the company's filings with the Securities and Exchange Commission such as the company's report on Form 10-K for the period ending December 31, 2009.

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