Bitstream Inc. F3Q09 (Qtr End 10/31/08) Earnings Call Transcript

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2008-11-12 21:04:13.0

Tags: Direction, Call Transcript, Earnings, PDAs, Operational Accounting, Tools & Techniques, Handhelds, Hardware, Finance, Management, Seeking Alpha, Direction, Call Transcript, Earnings, PDAs, Operational Accounting, Tools & Techniques, Handhelds, Hardware, Finance, Management, Seeking Alpha, Bitstream

Question-and-Answer Session

Operator

(Operator instructions) Your first question comes from the line of Glenn Mattson - GTK Capital Partners LP.

Glenn Mattson - GTK Capital Partners LP

Good job on controlling your expenses and trying to stay profitable in these difficult times.

Anna Chagnon

Yes, thank you.

Glenn Mattson - GTK Capital Partners LP

On ThunderHawk you said, you had some announcements shortly including some new product directions but when are we going to start to see some revenue here or some alignments instead of regard some serious directions previously going to Java and going to PDAs as well as cell phones. These are all directions but it sounds like this is more the same or when should we expect some intangible here you think?

Anna Chagnon

Again, I really cannot comment but it is then to say we are working on some pretty exciting things and the soon as they are completed and we have won them, we can announce them and we will do so at that time unfortunately we cannot say anything else.

Glenn Mattson - GTK Capital Partners LP

That is what we are looking for, I know in some revenue, directions we have had a lot of in the past.

Anna Chagnon

I understand.

Glenn Mattson - GTK Capital Partners LP

That will be good if we got the [winnings] because you have directions. Now a recent resource that Microsoft is making a deal to align with Verizon to be the world default search provider. Would you fit in any way into this shape [18.33] situation?

Anna Chagnon

Again, I am not directly familiar with that particular announcement to comment on it, Glenn, but I can just say that there are numbers of companies providing search options and our software does allow for us to include a third party search component into our software and we currently use Google for that purpose but there are opportunities out there potentially in future to partner in both types of strategy.

Operator

Your next question comes from the line of George [Gavi] - Western International.

George [Gavi] - Western International

On the ThunderHawk, how many people, I know you have a lot of people at the beginning that you have done with for a quite while that were looking at this product, how many now you really think you have a shot with and what do you think that, what is your best guess on announcement that you will be able to make or doing business with one of them?

 

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