Good afternoon, everyone and thank you for participating in today's conference call to discuss Research Solutions Financial Results for its Fiscal Fourth Quarter and Full Year Ended June 30, 2017. Earlier today, the Company issued a press release discussing their results and a copy of the release is available for viewing and can be downloaded from the Investor Relations section of the company's website. Joining us today are Research Solutions' President and CEO, Peter Derycz; and the Company's CFO, Alan Urban. Following their remarks, we will open the call for your questions. Then, before we conclude today's call, I will provide the necessary cautions regarding any forward-looking statements made by management. I will also provide information regarding the company's use of non-GAAP financial information. Finally, I would like to remind everyone that this call will be recorded and made available for replay via a link in the Investor’s Section of the company's website. I will now turn the call over to Peter Derycz, Research Solutions' President and CEO.

Thank you, operator and good afternoon everyone. I'll open the call with a brief state of our business and then pass the call to Alan to speak about our financial results. Finally, I will return to address other details and our outlook. As our preliminary results indicated, the market momentum for our SaaS platform business continued to grow during the quarter. Deployments of our cloud-based subscription solution known as Article Galaxy increased to 140 at the end of the quarter with annual recurring revenue growing by triple digits to approximately $1.4 million. We continued to invest in this business as demonstrated by the April launch of the new version of our platform, which featured a completely redesigned user interface with more friendly navigation capabilities and enhanced technology and infrastructure. In our transaction business, the proactive measures we are taking to improve revenue and gross margins are having their intended effect. Fourth quarter transaction revenue increased 8% year-over-year with double-digit transaction count growth and a 40 basis point gross margin improvement. Our results also reflect the sale of our RePrints and ePrints just prior to our June 30 fiscal year end. Divestiture enables us to focus solely on our high margin recurring revenue platform business. Before commenting further, I'd like to turn the call over to our CFO, Alan Urban, who will walk us through some of the financial details for the quarter. Alan?

Thank you, Peter, and good morning everyone. As Peter mentioned, we sold our RePrints and ePrints business line on June 30 and their results are excluded from the numbers discussed today for all periods. Now, a few comments on our Q4 results compared to the same prior year period. Our platform subscription revenue increased 145% to 318,000 compared to the year ago quarter, which was driven by a 137% increase in total platform deployments to 140. This translates into 24 incremental deployments in Q4. The quarter ended with annual recurring platform revenue, up 137% on a year-over-year basis to $1.4 million and up 22% sequentially. Please see today's press release for how we define and use annual recurring revenue and other non-GAAP terms. Transaction revenue was up 8% to $6.5 million compared to the same year ago quarter. This was driven by 11% growth in total customer count to 1,011. In addition, the number of corporate customers was up 7% to 810 and academic customers were up 31% to 201. Together, this drove 11% increase in transactions to approximately 212,000. Total consolidated revenue increased 11% to $6.8 million compared to $6.2 million in the same year-ago quarter. Moving on to gross margins, our platform business saw gross margins decline by 430 basis points to 77.7%. This decline was driven by the addition of new data sources that further enhanced our platform. While the addition of new data sources increases our cost of revenue in the short-term, we believe these investments are necessary to creating a highly valued and differentiated offering for our customers. Our target gross margin in platform should be in the high 70s to low 80% range. Gross margin in our transaction business was up 40 basis points to 22.4%. As mentioned on our third quarter call, we…

Thanks, Alan. So now, more details on the progress of our Platform business. Our fourth quarter was another step forward in our development and enhancement of the product. We continued to add valuable data sources improving the user experience and value of the platform. As we announced last week, we've partnered with RedLink, a rapidly growing provider of business analytics to academic publishers and libraries to provide our platform customers a complete overview of usage and other statistics to help with collection decision making. As the single point of billing and 24/7 support, the combined solution provides a better path to data driven decision making, enabling researchers to manage their literature, procurement methodologies, and budgets more efficiently than they have before. As mentioned in my opening, we continue to accelerate the number of organizations deploying our platform solutions in the fourth quarter; and this momentum has continued so far in our fiscal 2018. We continued to get more efficient at acquiring new customers through content generation, digital and inbound marketing, and traditional sales prospecting which has allowed us to continue to expand our pipeline. In addition, we have created an account management group dedicated to upselling our existing Article Galaxy transaction customers that are not yet using the platform. Account management is a key priority for us as it helps our existing customer stay informed on our improvements as well as provide a key feedback channel for customer driven improvement requests. In fact, our account management team accounted for one-third of our platform deployments this year. As we add new platform customers that have the additional benefit of increasing our transaction business, as more articles are ordered, the benefits of our platform increased with the customer as we interconnect their research with related data. This creates a virtuous cycle that…

Yes, thanks for attending the call. We really look forward to continuing to focus on our platform and growing our business as we enter our new fiscal year. Thanks again. Operator?