AudioCodes Ltd.

Greetings. Welcome to Audio Code's third quarter 2020 earnings conference call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero from your telephone keypad. Please note that this conference is being recorded. At this time, I'll turn the conference over to Louis Thoma with Hayden IR. Louis, you may begin.

Thank you. Hosting the call today are Shabtai Adlersberg, President and Chief Executive Officer, and Niran Baruch, Vice President of Finance and Chief Financial Officer. Before we begin, I'd like to remind you that the information provided during this call may contain forward-looking statements related to audio codes, business outlook, future economic performance, product introductions, plans, and objectives related thereto. Any statements assuming assumptions made or expectations as to future events, conditions, Performance, or other matters are forward-looking statements as a term defined under U.S. federal security laws. Forward-looking statements are subject to various risks and uncertainties and other factors that could cause actual results to differ material from those stated in such statements. These risks, uncertainties, and factors include, but are not limited to, the effect of global economic conditions in general and conditions in the audio codes industry and target markets in particular. Shifts in Supply and Demand, Market Acceptance of New Products, and Demand for Existing Products, the Impact of Competitive Products and Pricing on Audio Codes and its Customers, Products, and Markets, Timing, Products, and Technology Developments, Upgrades, and the Ability to Manage Changes in Market Conditions as Needed, Possible Need for Additional Financing, the Ability to Satisfy Covenants and the Company's Loan Agreements, Possible Disruptions, from Acquisitions, the ability of AudioCodes to successfully integrate the products and operations of acquired companies into AudioCodes business, possible adverse impact from COVID-19 pandemic on our business and results of operations and other factors detailed in AudioCodes filing with the U.S. Security and Exchange Commissions. AudioCodes assumes no obligations to update this information. In addition, during the call, AudioCodes will refer to non-GAAP Nathanael, Nathanael, Nathanael, Webcast will be made available on the investor relations section of the company's website at the conclusion of this call. With that said, I would like to turn the call over to Shabtai. Shabtai, please go ahead.

Thank you, Louis. Good morning and good afternoon, everybody. I would like to welcome all to a third conference, third quarter conference call with me this morning is Niran Baruch. Chief Financial Officer and Vice President of Finance of Audiocodes. Niran will start off by presenting a financial overview of the Corps. I will then review the business highlights and summary for the Corps and discuss trends and developments in our business and industry. We will then turn it into the Q&A session. Niran? Thank you, Shabtai, and hello, everyone.