Earnings Call Excerpt
M-Systems Flash Disk Pioneers Ltd. (FLSH)
Q1 2006 Earnings Conference Call
April 26th 2006, 10:00 AM.
Executives:
Jeff Corbin, Chief Executive Officer
Dov Moran, Chairman, President and Chief Executive Officer
Ronit Maor, Chief Financial Officer
Noam Kedem, Vice President of Business Development and Marketing
Analysts:
Eric Gomberg, Thomas Weisel Partners
Craig Ellis, Citigroup.
Alex Gauna, UBS Securities, LLC
Sam Doctor, JP Morgan
Daniel Amir of WR Hambrecht
Daniel Gelbtuch, of CIBC World Markets
Romy Wilson, Aster Group
Presentation
Operator
Good morning. My name is Lynn, and I will be your conference facilitator today. At this time, I would like to welcome everyone to the M-Systems First Quarter 2006 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. Operating Instructions. It is now my pleasure to turn the floor over to your host Jeff Corbin. Sir, you may begin your conference.
Jeff Corbin, Chief Executive Officer
Good morning everyone, this is Jeff Corbin, CEO of KCSA Worldwide, Investor Relations consultant to M-Systems. With me on the call today are Dov Moran, President and Chief Executive Officer; Ronit Maor, Chief Financial Officer; and Noam Kedem, Vice President of Business Development in the United States. At this point you should have all received a copy of the press release which was issued earlier this morning. If you haven’t received the release, please refer to M-Systems website at www.m-systems.com.
Before we begin, I would like to mention that the matters discussed in this conference call include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements about our business outlook for the year 2006, that are based on our current expectations and may involve a number of risks and uncertainties. We caution you not to place undue reliance on these forward-looking statements, as they are subject to various risks, which may cause actual results to vary significantly. These risks include but are not limited to the risk factors detailed in the company’s most recent Form 20-F filed with the SEC and all of its other filings with the SEC. Also, M-Systems assumes no obligation to update such forward-looking statements and disclaims any obligation to publicly revise any such statements to reflect any change in expectations or in events, conditions or circumstances on which any such statements may be based.
With that said, I would like now to turn the call over to Dov, Ronit, and Noam who will provide you with an update on the business during the quarter including a review of the financials. After that Dov, Ronit, and Noam will be happy to answer any questions that you have. Dov.
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