Crexendo Inc. ( EXE) Q2 2011 Earnings Conference Call August 9, 2011 4:30 PM ET Executives Jeff Korn – Chief Legal Officer Steve Mihaylo – CEO John Erickson – CFO Dave Krietzberg – Chief Accounting Officer Clint Sanderson – President Jeff Jarvey – Controller Analysts Neal Goldman – Goldman Capital Management Jeff Bash [Ph] Walter Disney [Ph] PresentationOperator
Good day everyone and welcome to the Crexendo second quarter 2011 earnings conference call. Today’s call is being recorded. At this time, I would like to turn the conference over to Mr. Steve Mihaylo, Chief Executive Officer. Please go ahead sir. Steve Mihaylo Good afternoon everyone. Today I have with us Clint Sanderson our President, John Erickson, our Chief Financial Officer, Jeff Jarvey, our Controller, Dave Krietzberg, our Chief Administrative Officer and Jeff Korn, our Chief Legal Officer. Before we get started today, I’d like to have Jeff read the forward-looking Safe Harbor statement. Jeff Korn Thank you, Steve. I want to take this opportunity to remind listeners that this call will contain forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 provides a Safe Harbor for such forward-looking statements. All statements made in this conference call other than statements of historical facts are forward-looking statements. Forward-looking statements include that are not limited to words like, like, belief, expect, anticipate, estimate, will, and other similar statements of expectations identifying forward-looking statements. Investors should be aware that any forward-looking statements are based on assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those discussed here today. The risk factors are explained in detail in the company’s filings with the Securities and Exchange Commission including the Form 10-K for fiscal year ended December 31 2010 and the Forms 10-Q for the periods ending March 31, 2011 and June 30 2011.
The acquisition will create the second-largest utility company in the country by customers after Exelon, with 11 regulated electric and natural gas distribution companies providing service to 9 million customers.