TranSwitch's CEO Discusses Q2 2012 Results - Earnings Call Transcript

TranSwitch Corporation (TXCC)

Q2 2012 Earnings Conference Call

August 08, 2012, 17:30 p.m. ET

Executives

Mary Lombardo - IR

Ali Khatibzadeh - President and CEO

Robert Bosi - VP and CFO

Analysts

Quinn Bolton - Needham & Company

Richard Shannon - Craig-Hallum Capital

Walter Schenker - MAZ Partners

Paul Berghaus - Cornerstone Asset Management

Presentation

Operator

Good day everyone and welcome to the TranSwitch Second Quarter 2012 Earnings Release Conference. As a reminder today’s presentation is being recorded. At this time for opening remarks and introduction I will turn the call over to Mary Lombardo, Investor Relations. Please go ahead.

Mary Lombardo

Thank you. Good afternoon. With me today is Dr. Ali Khatibzadeh, our President and CEO; and Robert Bosi, our CFO.

This call will include forward-looking statements that involve risks and uncertainties that could cause TranSwitch’s results to differ materially from management’s current expectation. We encourage you to review the Safe Harbor statements contained in the earnings release published today as well as TranSwitch’s most recent SEC filings for a more complete discussion.

With that said, I will turn it over to Ali for his thoughts on the quarter and Bob will discuss our financial results. Thank you.

Ali Khatibzadeh

Thank you, Mary, and good afternoon ladies and gentlemen. Over the last three months we continue to make significant progress in expanding customer opportunities for our HDplay product while at the same time we have taken a number of important strategic actions to better position us for growth in our video connectivity business.

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