Earnings Call Excerpt
Digital Theater Systems (DTSI)
Q4 2005 Earnings Conference Call
February 13th 2006, 5:00 PM.
Executives
Jon Kirchner, President and CEO
Mel Flanigan, Chief Financial Officer, DTS
Vanessa Lehr, Investor Relations
Analysts
Ralph Schackart, William Blair
Paul Auster, JP Morgan
Steven Frankel, Canaccord Adams
Rob Stone, SG Cowen and Company
Gordon Hodge, Thomas Weisel Partners
Gene Munster, Piper Jaffray
Jeff Usher, JMD Asset Management
Presentation
Operator
Good afternoon ladies and gentlemen and welcome to the DTS Fourth Quarter and Fiscal Year 2005 Conference Call. At this time all participants are in listen-only mode. Following today’s presentation instructions will be given for the question and answer session. If anyone needs assistance at anytime during this conference please press * followed by 0. As a reminder this conference is being recorded on Monday, February 13, 2006. I would now like to turn the conference over to Vanessa Lehr of the Blueshirt Group. Please go ahead Ms. Lehr.
Vanessa Lehr, Investor Relations
Good afternoon and thanks for joining us as we report fourth quarter and year end 2005 financial results for DTS. Joining me on the call today are Jon Kirchner, President and CEO; and Mel Flanigan, CFO of DTS. Before we begin, let me remind you that during this conference call management may make forward-looking statements within the meeting of the present Securities Litigation Reform Act of 1995. Such statements are subject to known and unknown risks. Uncertainties or other factors may cause the company’s actual results to be materially different from the historical reports or any results expressed or implied during this call. The potential growth and uncertainties that could cause the actual growth and results to differ materially include, but are not limited to the rapidly changing and competitive nature of the digital audio consumer electronics and entertainment market. The company’s inclusion and/or exclusion from developmental or industry standard, acceptance of the company’s technology products, services, and pricing, growth-related to the ownership and enforcement of intellectual property that continues to lease and availability of entertainment content containing DTS audio soundtrack. Press relating to integrating acquisitions and changes in domestic and international market and political conditions. The information in this conference call, related to projections or other forward-looking statements is based on current execution. The company expressly disclaims any responsibility for update forward-looking statements should circumstances change. And now I would like to turn the call over to Jon Kirchner, President and CEO of DTS. Jon please go ahead.
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