Welcome to the NeoPhotonics 2012 First Quarter Conference Call. This call is being webcast live on the event calendar page of the Investor Relations section of NeoPhotonics' website at www.NeoPhotonics.com. This call is property of NeoPhotonics and any recording, reproduction or transmission of this call without the expressed written consent of NeoPhotonics is strictly prohibited. As a reminder, today's call is being recorded. You may listen to a webcast replay of this call by going to the event calendar page of the Investor Relations section of NeoPhotonics' website. I would now like to turn the call over to Erica Mannion, Investor Relations for NeoPhotonics. Erica Mannion Good afternoon. Thank you for joining us to discuss NeoPhotonics' financial and operating results for the first quarter ended March 31, 2012. With me today are Tim Jenks, Chairman and CEO and JD Fay, CFO. The call today contains forward-looking statements that involve risks and uncertainties. These include statements related to NeoPhotonics' business outlook for the quarter ending March 31, 2012, future periods and industry trends, as well as forward-looking statements that we may make in response to questions. Forward-looking statements are generally indicated by words such as "would", "believe", "should", "expect", "outlook", "estimate," "anticipate", "forecast" and similar expressions that look toward future events or performance. Actual results may differ materially from forward-looking statements. Factors that could cause results to differ materially from these statements include those described in today's press release as well as those detailed in the section entitled "Risk Factors" of the company's Annual Report on Form 10-K most recently filed with the SEC. NeoPhotonics cautions you not to place undue reliance on forward-looking statements, and that these statements speak only as of the date they are made.