Earnings Call Excerpt
Saifun Semiconductors Ltd., (SFUN)
Q2 2006 Earnings Conference Call
July 26, 2006, 8:30 a.m. EST
Executives:
Dr. Boaz Eitan, Chairman and CEO
Igal Shany, Chief Financial Officer
Kobi Rozengarten, President
Lee Roth, Investor Relations
Analysts:
Daniel Amir, W.R. Hambrecht
Jeff Rosenberg, William Blair
Craig Ellis, Citigroup
Daniel Gelbtuch, CIBC
Pranay Laharia, Deutsche Bank
Khameel Des, Lehman Brothers
Nimal Vallipuram, Halpoalim Securities
Presentation
Operator
Good evening ladies and gentlemen. My name is Charita and I will be your conference facilitator today. At this time, I would like to welcome everyone to your Saifun Semiconductor Second Quarter 2006 Financial Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks there will be a question and answer period. If you would like to ask a question during this time, please press * then the number 1 on your telephone keypad. If you would like to withdraw your question press the # key. Thank you; it is now my pleasure to turn the floor over to your host, Mr. Lee Roth. Sir, you may begin your conference.
Lee Roth, Investor Relations
Thank you, Charita, and good morning everyone. This is Lee Roth of KCSA Worldwide, Investor Relations counsel for Saifun. With me on the call this morning are Dr. Boaz Eitan, Chairman and CEO of Saifun; Mr. Kobi Rozengarten, President; and Mr. Igal Shany, CFO.
Before we begin, I would like to remind you of the following Safe Harbor provisions that are in effect for today’s call. During the course of this conference call, the Company may make forward-looking statements regarding future events. We wish to caution you that such statements reflect only the Company’s current expectations and that actual events or results may differ materially. You are kindly referred to the risks factors and cautionary language contained in the Company’s annual report filed on Form 20-F with the US Securities and Exchange Commission dated April 11, 2006. The Company undertakes no obligation to update any projections or forward-looking statements in the future. With that said I’d now like to turn the call over to Dr. Boaz Eitan, Chairman and CEO of Saifun Semiconductors. Boaz, go ahead please.
Dr. Boaz Eitan, Chairman and CEO
Thank you, Lee. Good day everyone and welcome to our second quarter call. Before I turn the call over to Igal and Kobi for their review of the financials and the quarter highlights, I would like first to share the following.
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