Parametric Technology (PMTC) Q4 2011 Earnings Call October 27, 2011 8:30 am ET Executives Barry F. Cohen - Executive Vice President of Strategy Jeffrey D. Glidden - Chief Financial Officer and Executive Vice President Tim Fox - James E. Heppelmann - Chief Executive Officer, President, Director and Member of National FIRST Executive Advisory Board Analysts Yun S. Kim - ThinkEquity LLC, Research Division Blair Abernethy - Stifel, Nicolaus & Co., Inc., Research Division Sterling P. Auty - JP Morgan Chase & Co, Research Division Steven R. Koenig - Longbow Research LLC Richard H. Davis - Canaccord Genuity, Research Division Ben Z. Rose - Battle Road Research Ltd. Ross MacMillan - Jefferies & Company, Inc., Research Division Jay Vleeschhouwer - Griffin Securities, Inc., Research Division Matthew Hedberg - RBC Capital Markets, LLC, Research Division PresentationOperator
Good morning, ladies and gentlemen, and welcome to PTC's Fourth Quarter Fiscal Year 2011 Results Conference Call. After brief comments by management, we will go directly into the question-and-answer session. As a reminder, ladies and gentlemen, this conference is being recorded. I would now to like introduce Tim Fox, PTC's Vice President of Investor Relations. Please go ahead. Tim Fox Thank you. Good morning, everyone. Thanks for joining us on our Q4 results and outlook call. Before we get started, I would like to remind everybody that this call and Q&A session may include forward looking statements regarding PTC's products or anticipated future operations or financial performance. Any such statements will be based on current assumptions of PTC's management and are subject to risk and uncertainties that could cause actual events and results to differ materially. Information concerning these risks and uncertainties as contained in PTC's most recent Form 10-K and Forms 10-Q on file with the SEC. Also, financial measures in this presentation are a non-GAAP financial measures. A reconciliation between the non-GAAP measures and the comparable GAAP measure is located in our prepared remarks document on the Investor Relations page of our website at www.ptc.com.