Bitstream Q2 2009 Earnings Transcript

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2009-08-13 17:58:23.0

Tags: Bitstream, Analyst, Announcement, Tools & Techniques, Management, Seeking Alpha

Question-and-Answer Session

Operator

(Operator Instructions). And it looks like we just have one question coming from George Gavi (ph), please go ahead sir.

Unidentified Analyst

Yeah. Hi Anna, how are you?

Anna Chagnon

Good. How are you George?

Unidentified Analyst

Fine. Six months ago, you mentioned that as far as the border or a technology that there would something very soon in your message to analyst. Three months ago, you said that there would be within three to six months should have an announcement. Now today, you are saying very soon again, but even hedging that saying that there won't be any announcements in the near-term level, what is it on this thing? I can't quite figure it out.

Anna Chagnon

WellI think just to clarify, I didn't say there was going to be no announcements in the near term. I said we are working on those announcements now. The types of announcements that may come first are the types of announcements about relationships that help us monetize the current user base. And any deployment we'veexampled with OEM may come behind those because those are deals where the OEMs want to not leave that they're our technology until they are actually ready to release. So, I think what we see along has been consistent. We're working very diligently on those relationships that we need to get them solidified to move ahead.

Unidentified Analyst

Are you saying Anna that there are things that are signed or you just cannot report right now?

Anna Chagnon

There are things in process that we're working on and some are in the contractual phase, but that's all I can say.

Unidentified Analyst

You can't give a timeframe on that?

Anna Chagnon

No, again George it really depends on when a joint announcement is agreed to. What we're saying right now is that a number people don't want to talk probably and so we -- because they want to know that our software has been officially released and our timeframe from coming out of data is in the fall. So, we're very active with the -- most active we've ever been with this product and the relationships are happening. It's just a question of when the announcements will happen.

Operator

(Operator Instructions). And our next question comes from William Barn (ph).

Unidentified Analyst

Hey Anna, how are you?

Anna Chagnon

good and how are you Bill?

Unidentified Analyst

 

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