Nortech Systems Incorporated

Good day, ladies and gentlemen, and welcome to the Q3 2021 Nortec Systems, Inc. Earnings Conference Call. All lines have been placed on a listen-only mode, and the floor will be open for questions and comments following the presentation. If you should require assistance throughout the conference, please press star zero on your telephone keypad to reach a live operator. At this time, it is my pleasure to turn the floor over to your host, Chris Jones. Sir, the floor is yours.

Thank you, and good afternoon, and welcome to Nortec Systems' third quarter 2021 conference call. I'm Chris Jones, Senior Vice President and CFO, and with me is our President and CEO, Jay Miller. Jay will begin today's call with a brief introduction, and then I'll review Nortec's Q3 financial results before turning it back over to Jay for his comments on the quarter. And at the end, we'll open it up for questions. Before we continue, please note that statements made during this call and Q&A session may be forward-looking regarding expected revenue, earnings, future plans, opportunities, and other company expectations. These estimates, plans, and other forward-looking statements involve unknown and known risks and uncertainties that may cause actual results to differ materially from those expressed or implied on this call. These risks, including those that are detailed in our most recent annual report in Form 10-K, may be amended or supplemented. The statements made during this conference call are based upon information known to NORTEC as of the date and time of this call, and we assume no obligation to update the information in today's call. You can find NORTEC's complete safe harbor statements in our SEC filings. And with that, I will turn it over to Jay for his opening comments.

Thank you, Chris. I'd like to begin the call today by recognizing some people who are very important to NORTEC's past and future success. First and foremost, it's critical to say thank you to our frontline workforce. They are the key people in the plant making mission-critical products and parts for our medical, military, and industrial customers. They have been working overtime for most of Q2 and Q3 2021 to scale up production, and I greatly appreciate their tireless efforts during these extremely challenging circumstances. I'm very proud of everyone in the Nortec facilities in Bemidji, Blue Earth, Mankato, Maple Grove, and Malacca, Minnesota, as well as our people in Monterey, Mexico and Suzhou, China. Thanks to our customers for their confidence in us. Our record $79 million backlog in September is a testament to their trust that we will continue to do everything possible to deliver them quality products on time. We take this responsibility very seriously. and we work hard every day to take great care of our customers. Thanks to our suppliers for their resourcefulness and hard work in overcoming these unprecedented global supply chain challenges. It's a team effort, and we sincerely appreciate their partnership. I also want to thank our board of directors for their constant support during a very difficult 22 months since Nortec first encountered COVID-19 in China in January 2020. Our board never wavered from the guiding principle that the health and safety of our frontline workers was our highest priority. Finally, I want to thank all of our shareholders for being patient with us as we worked hard to fix some of Nortec's fundamentals while battling COVID-19. Q3 and Q4 of 2020 and Q1 of 2021 were rough quarters, but we're very proud of our Q2 and our Q3 21 results. Rest assured, Nortec is significantly stronger now than we were in 2020, and our future has never been brighter. Now we'll turn it over to Chris to review the Q3 financials.