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Here’s the entire text of the prepared remarks from Jabil Circuit’s (ticker: JBL) fiscal Q1 2006 conference call. The Q&A is here. We recognize that this transcript may contain inaccuracies - if you find any, please post a comment below and we’ll incorporate your corrections. And please note: this conference call transcript is a Seeking Alpha product, so feel free to link to it but reproduction is not permitted without the explicit permission of Seeking Alpha.

Executives:

Forbes I. J. Alexander, Vice President, Corporate Communications & Investor Relations
Timothy L. Main, President and Chief Executive Officer, Director

Analysts:

Brian White, Kaufman
Lou Miscioscia, Lehman Brothers
Jim Suva, Citigroup
Steven Fox, Merrill Lynch
Matt Sheerin, Thomas Weisel
Alex Blanton, Ingalls & Snyder
Shawn Severson, Raymond James
Thomas Hopkins, Bear Stearns
Bernie Mahon, Morgan Stanley
Paras Bhargava, BMO NB
Amit Daryanani, RBC Capital Markets
Todd Coupland, CIBC

Presentation

Operator

At this time, I would like to welcome everyone to the Jabil Circuit first quarter 2006 earnings release conference call. All lines have been placed on mute to prevent any background noise. After the speaker’s remark there will be a question and answer period. If you would like to ask a question during this time simply press, “*’, then the number “1

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