FormFactor's CEO Presents At MicroProbe Acquisition Conference (Transcript)

FormFactor, Inc. (FORM)

MicroProbe Acquisition Conference Call

September 04, 2012 9:00 am ET


Thomas St. Dennis – Chief Executive Officer

Michael M. Ludwig – Chief Financial Officer

Mike Slessor – Chief Executive Officer - MicroProbe, Inc.


C.J. Muse – Barclays Capital

James Covello – Goldman Sachs

Patrick Ho – Stifel Nicolaus & Company, Inc.



Thank you and welcome everyone to the FormFactor’s Conference Call to discuss the merger of FormFactor and Astria Semiconductor Holdings, the parent company of MicroProbe. On this morning’s call, our FormFactor’s Chief Executive Officer, Tom St. Dennis; MicroProbe’s Chief Executive Officer, Mike Slessor; and FormFactor’s Chief Financial Officer, Mike Ludwig.

Before we begin, let me remind you that the company will be discussing GAAP P&L results and some key non-GAAP results to supplement understanding of the announced merger transaction. Yesterday, we issued a press release, announcing the merger agreement between FormFactor and Astria Semiconductor Holdings; the press release and our presentation outlining details of the merger are on the Investor section of FormFactor’s website.

Also as a reminder for everyone, today’s discussion contains forward-looking statements within the meaning of Federal Securities Laws. Such forward-looking statements include, but are not limited to our ability to consummate acquisition of Astria Semiconductor Holdings, including MicroProbe, our ability to successfully integrate and realize the anticipated benefits of the acquisition. Statements of our own customers’ engagement with newly combined entities, our ability to deliver technology innovation for the advanced probe card industry.

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