Legend Power Systems Inc.

Good afternoon. My name is Ian and I will be your conference operator today. At this time, I would like to welcome everyone to the Legend Power Systems Q3 2020 financial results release and conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star, the number one on your telephone keypad. If you would like to withdraw your question, please press the pound key. Thank you. Mr. Vannery, you may begin your conference.

Thanks, Ian, and welcome, everybody, to the Legend Power Systems Fiscal 2020 Q3 Investor Call. I'm Steve Banry, Legend's Chief Financial Officer. We're pleased to have you join us on the call today to discuss our corporate progress and financial results for the third quarter of 2020, ending June 30th. I'd like to remind everyone that certain statements in this call may be forward-looking in nature. These include statements involving known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied in our forward-looking statements. For more information about Legends forward-looking statements and risk factors, please see our 2019 Year-End Management Discussion and Analysis, dated January 28, 2020, which can be found under our company profile at cdar.com. I will now pass the call over to Legend's CEO, Ren Buckemer, for an overview of our third quarter.

Thanks, Steve. Welcome, everyone, to the quarterly call. Pleased to have you on the call and discuss the progress we've made and give you a good idea of what's happening with our market and business. Joined by Steve, as you've already heard, Mark Pearson, Chief of Engineering, and Mike Ciosi, RDC Sales and Marketing. Steve will discuss our financials and enlighten you on the smart steps we took to reduce the financial impact of the pandemic on Legend. And Mark will update us on the strong progress made by the engineering team. Mike will share his excitement about our transition from a product-based company, which we spoke about last quarter, to our enhanced SmartGate energy management platform and how the enhancements are transformational for Legend. During our last call, we discussed our focus on our continued journey to enhance our solution offerings improve our sales process and sales talent, and begin to see demonstrable sales and order activity validating our new platform and positioning. However, the pandemic started and we had to accept tough times and have to make some tough decisions, and we've made progress on that regard. We proactively reduced our cost to run our business, but without reducing our effectiveness to deliver on strategy and expectations. We redesigned our infrastructure to support our strategy. And although our revenue recognition numbers reflect our inability to install solutions to buildings because buildings were shut down due to COVID, we've made significant progress in our product and sales initiatives. Investments made over the last couple of years, which we've talked about the last few quarters, to improve our solution or develop new sales territories and regions is clearly starting to pay off. And Mike will highlight strong recent sales progress. Clearly, we have the right people meeting with the right audiences and developing meaningful business relationships to ensure our growth. We have never seen more sales opportunities. We've never been more excited about our opportunities with higher potential in multiple regions and verticals than any time in Legends' history. I now will turn the call back over to Steve, our CFO, to provide a financial review, followed by Mark, and then by Michael. Thank you.