Call End :16:57 SED International Holdings, Inc (SED) F4Q 2011 Earnings Call Transcript September 14, 2011, 4:30 pm ET Executives Brandi Floberg - IR Stan Baumgartner - CFO Jonathan Elster - President, CEO Analysts JD Abouchar - GRT Capital PresentationOperator
Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to the SED International fiscal 2011 and fourth quarter financial results conference call. During today's presentation, all parties will be in a listen-only mode. Following the presentation the conference will be opened for questions. (Operator Instructions). This conference is being recorded today, September 14, 2011. I would now like to turn the conference over to Brandi Floberg. Go ahead, please. Brandi Floberg Thank you, Operator, and good afternoon, everyone. Thank you all for joining us today for SED International Holdings' 2011 fiscal year and fourth quarter conference call. Joining us today from the management of SED International are Jonathan Elster, Chief Executive Officer, and Stan Baumgartner, Chief Financial Officer. Before we begin the call, I would like to remind everyone that during this conference call and webcast statements made that are not historical or current facts are deemed forward-looking statements. These statements often can be identified by the use of terms such as may, will, expects, believes, anticipates, estimates, approximates or continue or the negative thereof. The company wishes to caution you not to place undue reliance on any such forward-looking statements which speak only as of today's date. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, it is important to remember that forward-looking statements are subject to risks, uncertainties and important factors beyond the control of the company that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected.