Good day and welcome to the PeerStream, Inc. Third Quarter 2019 Earnings Conference Call. Today's conference is being recorded. At this time I would like to turn the conference over to Stephanie Prince, PCG Advisory.

Thank you, Chloe, and good afternoon, everyone. Welcome to the PeerStream third quarter 2019 earnings and business update call. With me on the call is Alex Harrington, Chief Executive Officer and Principal Financial Officer. I would like to remind everyone that earlier today we issued a presentation to accompany this call. The presentation can be accessed on the Company's website at PeerStream.com under the Quarterly Earnings tab of the News section or by following the links on PeerStream's homepage. Before I turn the call over to management I would like to inform everyone that certain statements made during today's conference call that are not statements of historical fact, including those concerning future plans, objectives, goals, strategies or performance, are forward-looking statements. These statements reflect the good faith, beliefs and judgment of PeerStream's management and are based on currently available information only as of the date of this conference call. These statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the current expectations. These factors include those described in the Risk Factors section of the Company's periodic reports filed with the Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance and the Company expressly disclaims any obligation to update earlier statements as a result of new information except where required by law. Certain non-GAAP measures may be discussed during today's presentation including adjusted EBITDA. Adjusted EBITDA has been calculated consistent with the manner in which it is defined in PeerStream's periodic reports filed with the SEC. Adjusted EBITDA has been reconciled for the nearest applicable GAAP measure in this presentation and in PeerStream's earnings release, which is also available under the Quarterly Earnings tab of the News section of PeerStream's website, which once again is PeerStream.com. I'd now like to turn the call over the Alex Harrington. Alex?

Thank you, Stephanie, and thank you all for joining us today. As Stephanie said, I encourage you all to access the earnings call presentation available on our website, www.peerstream.com. Q3 2019 was a transitional period for PeerStream with a revenue shortfall reflecting the period after our termination of the ProximaX agreement at the end of Q2, but before our secure communication sales pipeline yields revenue as we anticipate that it will. However, there were key strategic developments in the quarter that we believe are indicative of growth and a bright future for the Company. And let's advance to Page 3 to start by reviewing those. Dating back 20 years, PeerStream has always had exceptionally strong core technology and that technology became the foundation of a suite of social apps that has served nearly 0.5 billion end-users. This consumer chat business cultivated a high degree of competency in communications and network security simply to deliver our end-users an experience without disruption from bad actors on the Web. That technology strength allowed us to bring that secure communications capability to market as a B2B service starting with the ProximaX technology services agreement in 2018 and now with exciting sales prospects with the federal government and enterprise. We believe that our core technology and tech talent base remains a competitive advantage of the business and a central theme in the forward-looking business opportunity. Moving on to slide 4, this is a recap of our secure communications solution. There are really two complementary products which together offer a solution for maximum-security and voice, video, text and data communications. These products are not designed for mainstream consumer use but for the most sensitive communication situations, military, intelligence, emergency response, highly confidential corporate communication. The first part of the solution is PeerStream Protocol, which is a…

There are no questions on the phone line at this time. And I'd like to turn the conference back over to you. Thank you.

Thank you. Well, thanks, everyone, for joining today. Let us know if you have any questions. We look forward to future communications with our shareholders. Thanks again.

This concludes today's call. Thank you for your participation. You may now disconnect.