Earnings Call Excerpt
Fuel Systems Solutions, Inc. (FSYS)
Q4 2008 Earnings Call
March 6, 2009 1:00 pm ET
Executives
Mariano Costamagna – Chief Executive Officer
Matthew Beale – President
Bill Larkin – Chief Financial Officer
Analysts
Mark Siegel - Canaccord Adams
Robert Brown – Craig-Hallum Capital
Ronald Oster – Broadpoint AmTech
Graham Mattison – Lazard Capital Markets
Patrick McGlinchey – Sidoti and Company
John [Kardy] – Principal Global Investments
Unidentified Analyst
Jamie Lester – Soundpost Partners
[Adam Howe – Holden Capital]
John Quealy – Canaccord Adams
Presentation
Operator
Welcome to the Fuel Systems Solutions’ fourth quarter and year end results conference call. (Operator Instructions). I will now hand the conference to Ms. Kirsten Chapman.
Cathy Mattison
Thank you for joining the call today. With me today from management are Mariano Costamagna, CEO, Matthew Beale, President, and Bill Larkin, CFO. Mariano will provide an overview, Matthew will review recent corporate events, Bill will follow with financial detail, and then Matthew will conclude with closing remarks and open the call for questions.
Before I turn the call over to the team, I would like to remind everyone of the Safe Harbor statement included in the earnings press release issued yesterday. If you have not received a copy of the release and would like one, please call Lippert/Heilshorn and Associates at 415-433-3777 and we will send one to you.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for certain forward-looking statements including statements made during the course of today’s call. Such forward-looking statements are based on the company’s current expectations and beliefs concerning future developments and their potential effects on the company. There can be no assurance that future developments affecting the company will be those anticipated by Fuel Systems Solutions. Actual results may differ materially from those projected in the forward-looking statements. These forward-looking statements involve significant risks and uncertainties, some of which are beyond the control of the company and subject to change based upon various factors. For a more detailed discussion of some of the ongoing risks and uncertainties of the company’s business, I refer you to the company’s various filings with the Securities and Exchange Commission.
With that it is my pleasure to turn the call over to Mariano Costamagna.
Mariano Costamagna
Welcome to Fuel Systems Solutions 2008 fourth quarter and year end conference call. Thank you for joining us today. During our US automotive launch in Santa Ana in early February 2009, we stated Fuel Systems Solutions is dedicated to innovation, ingenuity, and inspiration. In 2008, we accomplished this again. We achieved critical mass and demonstrated the value of our business model as we optimized production across our broad spectrum.
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