Intellicheck Mobilisa, Inc. (NYSE MKT:IDN) Q4 2018 Earnings Conference Call - Final Transcript

Mar 21, 2019 • 04:30 pm ET

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Intellicheck Mobilisa, Inc. (NYSE MKT:IDN) Q4 2018 Earnings Conference Call - Final Transcript

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Presentation
Operator
Operator

Ladies and gentlemen, greetings and welcome to the Intellicheck Fourth Quarter and Year-End 2018 Earnings Call. At this time, all participants are in a listen-only mode. A brief Q&A session will follow the formal presentation. (Operator Instructions) As a reminder, this program is being recorded.

It is now my pleasure to introduce your host, Gar Jackson of Investor Relations. Thank you, you may begin.

Executive
Gar Jackson

Thank you, operator. Good afternoon, and thank you for joining us today for the Intellicheck Fourth Quarter and Year-End 2018 Earnings Call. Before we get started, I will take a few minutes to read the forward-looking statement. Certain statements in this conference call constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. When used in this conference call, words such as will, believe, expect, anticipate, encourage and similar expressions, as they relate to the company or its management as well as assumptions made by and information currently available to the company's management, identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

These forward-looking statements are based on management's current expectations and beliefs about future events. As with any projection or forecast, they are inherently susceptible to uncertainty and changes in circumstances, and the company undertakes no obligation to and expressly disclaims any obligation to update or alter its forward-looking statements, whether resulting from such changes, new information, subsequent events or otherwise.

Additional information concerning forward-looking statements is contained under the headings of Safe Harbor Statement and Risk Factors listed from time to time in the Company's filings with the Securities and Exchange Commission. Statements made on today's call are as of today, March 21st, 2019. Management will use the financial term adjusted EBITDA in today's call. Please refer to the Company's press release issued this afternoon for further definition, reconciliation and context for the use of this term.

We'll begin today's call with Bryan Lewis, Intellicheck's Chief Executive Officer; followed by Bill White, Intellicheck's Chief Financial Officer, who will discuss the Q4 and full year results. Following their prepared remarks, we will take questions from our analysts and institutional investors. Today's call will be limited to 1 hour. And I will now turn the call over to Bryan.

Executive
Bryan Lewis

Thank you, Gar. And good afternoon everyone, and thank you for joining us for the Q4 2018 Intellicheck's earnings call. My first earnings call as CEO of Intellicheck was one day shy of a year ago, and I'm very pleased with the changes and progress we have made over the past year. As I said on the last call, the increases in identity theft and the underage getting access to age-restricted products and the need to increase officer effectiveness and safety is fueling the realization that authenticating a government-issued ID is the most effective way to solve each of these issues.

I would like to start with some general comments about our Group. I believe the changes we have put in place over the past