ClickSoftware Technologies, Ltd. (CKSW) Q2 2012 Earnings Call July 25, 2012 9:00 am ET Executives Moshe BenBassat - Chairman and CEO Shmuel Arvatz - CFO Analysts Daniel Meron - RBC Capital Markets Nathan Schneiderman - Roth Capital Michael Martin - Small Cap Report Nick Farwell - Arbor Group Hugh Cunningham - Oppenheimer PresentationOperator
Ladies and gentlemen, thank you for standing by. Welcome to the ClickSoftware Technologies, Ltd., Second Quarter 2012 Financial Results Conference Call. All participants are at present in a listen-only mode. Following management's formal presentation instructions will be given for the question-and-answer session. (Operator Instructions). As a reminder, this conference is being recorded July 25, 2012. With us online today are Dr. Moshe BenBassat, CEO and Chairman of the Board; and Mr. Shmuel Arvatz, CFO. Before I turn the call over to Dr. BenBassat, I would like to remind you that during the course of the conference call, the company will be making express or implied forward-looking statements within the meaning of the Privates Securities Litigation Act of 1995 and other US federal securities laws. These forward-looking statements include, but are not limited to, those statements regarding future results of operations and operating expenses, visibility into future periods, and probably of future revenues including our outlook for full year 2012 revenues, growth, and rates of growth, and future return on investment, cash flows, and dividends, our ability to generate profits and cash to finance our operations, growth, and any dividends payment we may declare in the future, expectations regarding operating profit and margin, pipeline growth, and winning new business growth, opportunities in the workforce management and enterprise mobility markets, future closing of contracts, future product offerings, receipts of orders, and recognition of revenues and deferred revenues.