Network Equipment Technologies CEO Discusses F3Q2012 Results - Earnings Call Transcript

Network Equipment Technologies, Inc. (NWK)

F3Q2012 Earnings Call

February 1, 2012; 05:00pm ET

Executives

Nick Keating - President & Chief Executive Officer

David Wagenseller - Chief Financial Officer

Leigh Salvo - Investor Relations

Analysts

Brian Swift - Security Research

Nick Farewell - Arbor Group

John Nelson (ph) - Unidentified Company

Presentation

Operator

Good day ladies and gentlemen and welcome to the third quarter 2012, Network Equipment Technologies Inc. earnings call. My name is Erin and I will be your coordinator for today. At this time all participants are in a listen-only mode. (Operator Instructions).

I will now turn the presentation over to your host for today’s conference, Ms. Leigh Salvo with Investor Relations; please proceed.

Leigh Salvo

Welcome everyone to our call this afternoon, during which we’ll discuss results for Network Equipment Technology, third quarter fiscal year 2012. With me today are Nick Keating, President and CEO; and David Wagenseller, CFO.

In keeping with the Safe Harbor provisions of the Private Securities Litigation Reform Act, I want to remind everyone that we’ll be making some forward-looking statements and projections today, including those relating to future revenue, operating results and financial condition.

Investors are cautioned that these statements are based on current estimates and assumptions that involve risks and uncertainties that might cause actual results to differ materially from those expressed or implied in the forward-looking statements.

These risks and uncertainties may include our ability to develop and commercialize new products and product enhancements, success in building new sales channels, achieving broad market acceptance for our products, the status of relations with and performance by third-party technology providers, challenges of managing inventory and production of products, certifications for new and existing products, compliance, controls and other government regulations, federal government budget matters and procurement decisions, circumstances regarding specific sales that can affect the recognition of revenue, and other risks, including those identified in the company’s filings with the SEC, including Forms 10-K and 10-Q and in other press releases and communications.

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