 Before we begin and I turn the call over to Selwyn Joffe, chairman, president, and chief executive officer; and David Lee, the companys chief financial officer, let me remind everyone of the safe harbor statement included in todays press release. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for certain forward-looking statements, including statements made during todays conference call. Such forward-looking statements are based on the companys current expectations and beliefs concerning future developments and their potential effects on the company. 