Zoran Corporation Q1 2006 Earnings Conference Call Transcript (ZRAN)

Zoran Corporation, (ZRAN)
Q1 2006 Earnings Conference Call
April 24, 2006, 5:00 p.m. EST

Executives:

Dr. Levy Gerzberg, President and CEO
Karl Schneider, Senior Vice President and CFO
Dr. Isaac Shenberg, Senior Vice President, Business Development

Analysts:

Richard Faust, C.E. Unterberg, Towbin
Sameer Doctor, JP Morgan
Jason Pflaum, Thomas Weisel Partners
Brian Alger, Pacific Growth Equities
Craig Berger, Wedbush Morgan Securities
Jennifer West, Merriman Curhan Ford & Co.
Tayyib Shah, Longbow Research
Heidi Poon, Piper Jaffray
Dan Morris, CIBC World Markets
Quinn Bolton, Needham & Company
Vernon Essi, Janney Montgomery Scott LLC
Dan Scovel, Tokeneke Research

Presentation

Operator

Good day ladies and gentlemen, thank you for standing by and welcome to Zoran’s First Quarter Earnings Conference Call. My name is Carlo and I’ll be your coordinator for today’s presentation. At this time, all of our participants are in listen-only mode. We will be facilitating a question and answer session towards the end of today’s prepared remarks, at which time if you would like to ask a question feel free to press “*