Mobivity Holdings Corp

Thank you. Thank you. Greetings and welcome to Mobivity's third quarter 2020 earnings call. At this time, all participants are in listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Brett Maas of Hayden IR. Please go ahead.

Thank you, operator. I'd like to welcome everyone to Mobivity's third quarter 2020 earnings call. Hosting the call today are Dennis Becker, founder and chairman and chief executive officer, and Lynn Tiscarino, chief financial officer. Before I turn the call over to management, I'd like to call everyone's attention to the company's safe harbor policy. Please note that certain statements made on this call will be forward-looking statements, which are subject to considerable risks and uncertainties. We caution you that such statements reflect the management's best judgment based on factors currently known and that the actual results or events could differ materially. Please refer to the documents filed by the company from time to time with SEC, and in particular, its most recently filed annual report on the Form 10-K. These documents contain and identify important risk factors and other information that cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made during this call are being made as of today. If this call is replayed or reviewed after today, the information presented during this call may not contain current or accurate information. Except as required by law, the company assumes no obligation to update those forward-looking statements publicly or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if the new information becomes available in the future. Today's call may include non-GAAP financial measures, which require a reconciliation to the most directly comparable financial measures, which are calculated and presented in accordance with GAAP and can be found in today's press release, along with our recent corporate presentation, which is also available at Mobility.com. With all that said, I'd like to now turn the call over to Dennis Becker. Dennis, the floor is yours.

Dennis Becker Thanks, Brett, and thanks, everyone, for joining us on our call today. As we round the corner toward the end of a memorable year, I couldn't be more proud of our team for staying the course and remaining focused on executing our plan. We met these chaotic times head on. I'm proud to announce that we drove substantial revenue growth, increased gross margins, and ultimately achieved profitable operations. The race is on to transform businesses in every industry. As Satya Nadella, CEO of Microsoft wisely stated, every company is now a software company. Our core restaurant market is racing to figure out how to adapt to the new digital reality while under intense pressure from the COVID-19 pandemic. The product and technology investments we've made over the last few years have prepared us well to capitalize on the vast opportunities in the marketplace. With the shift in focus to low or no contact, businesses need the ability to market and sell their goods and services remotely across digital channels. Our one platform strategy is helping our customers quickly pivot to the digital commerce that consumers demand. Our unified mobile messaging solution was recently recognized in September for the best mobile messaging-based marketing solution award by Martech Breakthrough. We joined an impressive group of winners from other categories, including Shopify, Adobe, The Trade Desk, Axiom, and many others. Simply put, our platform is recognized alongside some of the largest brands who, together, are innovating to solve the problems of today's circumstances. The financial strains in the restaurant industry are forcing marketers to focus on maximizing the return on marketing spent. Traditional marketing channels, such as television, outdoor, and print, where the majority of pre-pandemic marketing budgets were spent, are being challenged as people spend less time commuting and listening to conventional radio. Our cloud-based free currency platform uses artificial intelligence to map point of sale data to marketing investments so that brands gain a clear picture of which marketing investments are working and enables them to efficiently target consumers with the right message at the right time. Our technology drives high returns for our customers during a time where the margin for error couldn't be smaller. Our customers, such as Subway, have publicized a 10 times return on their investment in our technology. These results show that Mobivity is a leading solution in delivering high ROI through a volatile marketing environment. I'm also pleased to report that our relationship with Pepsi continues to progress. We are now featured in Pepsi marketing plans and materials, and we have trained approximately 400 Pepsi sales reps on the benefits of our recurrency platform for restaurant operators. Pepsi is actively communicating the benefits of our platform to their customers, large and small. Roughly half of the restaurant industry serves Pepsi products, and many of these customers are facing unprecedented pandemic-related challenges. Recurrency can help them compete and, in some cases, can help them capture market share. Though the relationship with Pepsi is in its early stages, we are seeing a meaningful pipeline develop and expect equally meaningful revenue impact. I will now turn the call over to Lynn for a more detailed view of our financial results. And then I will come back for a few summary comments. Lynn?