Comtech Telecommunications Corp.

Ladies and gentlemen, thank you for standing by. Welcome to ComTech Telecommunications Corps' fourth quarter fiscal 2021 earnings conference call. At this time, all participants are in a listen-only mode. Later, we will conduct a question and answer session. At that time, if you have a question, you will need to press the star and 1 on your push-button phone. As a reminder, this conference is being recorded Monday, October 4th, 2021. I would now like to turn the conference over to Mr. Jason DiLorenzo of ComTech Telecommunications. Please go ahead, sir.

Thank you, and good afternoon. Welcome to the ComTech Telecommunications Corp conference call for the fourth quarter and full fiscal year 2021. With us on the call today are Fred Kornberg, Chairman of the Board and Chief Executive Officer of ComTech, Michael D. Porcelain, President and Chief Operating Officer, and Michael Bondi, Chief Financial Officer. Before we proceed, I need to remind you of the company's safe harbor language. Certain information presented in this call will include, but not be limited to, information relating to the future performance and financial condition of the company, the company's plans, objectives, and business outlook, and the plans, objectives, and business outlook of the company's management. The company's assumptions regarding such performance, business outlook, and plans are forward-looking in nature and involve significant risks and uncertainties. Actual results could differ materially from such forward-looking information. Any forward-looking statements are qualified in their entirety by cautionary statements contained in the company's Securities and Exchange Commission filings. I am pleased now to introduce the Chairman and Chief Executive Officer of ComTech, Fred Kornberg. Fred.

Thank you, Jason. And good afternoon, everyone. And thank you for joining us on this call. Today is an exciting day. As I hope you all saw, in addition to announcing our fourth quarter results, our full year results, and our initial fiscal 2022 financial targets, we also announced a leadership change. Mike Porcelain, our president and COO, will become our chief executive officer by the end of calendar year 2021. Mike will also continue as president of ComTech and join our board of directors. In making this change, the board has asked that I take on a senior advisor role on technology matters and continue as a director and a non-executive chairman of the board. As you know, I have worked with Mike for many years and I have tremendous confidence in him. I want to congratulate him on his well-deserved appointment. Mike brings to his new role a track record of professional dedication and achievement and a deep knowledge of ComTech. Our board also recently has taken other important actions. In July, Judy Chambers was appointed to the board bringing fresh perspectives and enhancing diversity. Not only is Judy the second female member of our board, Judy is also the first African American to join the board. She is already making invaluable contributions to ComTech, and we're confident that she will continue to do so for many years ahead. At the same time that Judy joined our board, we also announced that our longest serving outside directors, will be retiring as of the upcoming annual meeting. These directors have been wise stewards of our business, and I want to personally thank them for their tireless efforts on behalf of our shareholders. And in August 2021, we announced that our refreshed board intends to submit a plan to CompTech shareholders to eliminate our staggered three-year terms for our directors. As the company continues building value for our shareholders, our board remains committed to sound corporate governance practices and productive shareholder engagement. Before we turn to the details of our fourth quarter, I also want to acknowledge that we received notice from one of our shareholders, Outerbridge Capital Management, of its intent to nominate three individuals for the election to our board. Our leadership team and members of our board have met several times with Outerbridge since June. We have listened to their perspectives and sought a constructive dialogue. When Outerbridge privately proposed two director candidates at the beginning of August, our board initiated a thoughtful review of the individuals. Outerbridge lately publicly nominated three different individuals to join the board. The Nominating and Governance Committee, once again, is thoroughly reviewing these proposed candidates and following our standard procedures for doing so. At this time, we have nothing further to report on this, and as always, though, we remain open to constructive dialogue with all of our shareholders. With all that out of the way, let's get down to today's business, and let me turn it over to Mike Bondi, our CFO, who will provide a discussion of our financials. And after that, Michael Porcelain will provide an update on our business. Mr. Bondi?