Nano Dimension Ltd.

Good day, ladies and gentlemen. Welcome to today's conference call to discuss Nano Dimension's first quarter 2020 financial results. My name is Andrew and I'm your operator for today's call. On the call with us today are Joachim Stern, President and CEO, and Yael Sandler, CFO. Before we begin, may I remind our listeners that certain information provided on this call may contain forward-looking statements, and the safe harbor statement outlined in today's earnings press release also pertains to this call. If you have not received a copy of the press release, please view it in the investor relations section of the company's website. Yoav will begin the call with a business update, followed by a question and answer session, at which time Yael will answer questions regarding the first quarter 2020 financial results. If you require operator assistance, please press star then zero. Please note this event is being recorded. I would now like to turn the conference over to Nano Dimensions President and CEO, Yoav Stern. Yoav, please go ahead.

Thank you very much, sir. Welcome, everybody. We waited two, three minutes over 9 a.m. in order to get all people that want to be online online so I apologize for that and so I hope the day will start well with our call and later have a good day in the market rather than a day like yesterday but those are our lives on a daily basis so we know that what we're going to do in this call is I will speak a little bit about the business situation and where we are We're not going to have me read anything that everybody can read on the news list in order not to waste your time. In the same manner, we're not going to have Yael read all the numbers and all the MD&A management discussions and analysis because you could read it there and I don't want to waste your time. But on any subject afterwards that you want to ask about, We will direct the questions either I will direct them to myself or to Yael on anything you want to ask about numbers or anything else and then we'll hopefully have a call that is efficient in time and content. What I'm going to tell you about the business situation to many of you is probably known it's only two weeks ago actually three weeks ago that we closed the public offering and thank you very much for the support. And during that one week or seven days roadshow, I met with 60, I had about 60, 45 to 55 meetings actually, 50-something meetings. I don't know with 60 people or with 80 people, but I met most of you probably. And everything I told you then is through today. There's only three weeks difference, so you're not going to hear earth-shattering information. As much as the previous quarter, which is what we're reporting today, I spoke with most of you on these occasions, as I just mentioned, about what happened in the first quarter, and what you hear and what you read today is a repetitive story. We lost the opportunity for that quarter to sell about 3-4 machines and our revenue was $700,000 comparing to 1.7 quarter the same quarter a year before but it's irrelevant to compare it to a year before the year before did not have a corona the corona entered China early in the quarter China was one of our Main buyers for machines this quarter or prospective buyers and that's gone. It's gone to come back. We are now talking with the Chinese same organizations about doing the things we planned last quarter for this quarter and if not it could be the late part of this quarter if not maybe early next quarter but it's actually

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