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Company Appoints New CEO
Jerusalem, June 2, 2009 - WizCom Technologies Ltd. ("WizCom") (Prime
Standard: WZM, IL 0010830706) today announces a change to its top
management with the appointment of Mr. Shimon Amouyal as CEO,
effective immediately. Shimon Amouyal is taking over the role of Mr.
Ronen Elad, who temporarily held the position of the CEO since
September 2008, will now take on the role of Chairman of the Board of
Directors, a position previously held by Mr. Gideon Ben-Zvi. Mr.
Ben-Zvi will remain ordinary member of the Board of Directors.
Shimon Amouyal, was formerly the CEO for 3Com Israel and the Regional
Sales Director for 3COM MED & EE, a leading global provider of
enterprise and small-business networking solutions. Prior to joining
3Com Israel in 1997, he worked in several well known companies, such
as CMS-Hewlett Packard and Intel Corporation. Mr. Amouyal earned his
B.Sc. degree Business management from Mercy College in New York.
Mr. Elad, WizCom's chairman, stated, "We are delighted to have been
able to attract an experienced manager like Shimon Amouyal to lead
the company. Mr Amouyal's background ensures a deep understanding of
WizCom's business and with an impressive track record in growing
sales and profitability, team building and product development and
positioning, he is the ideal appointment to lead WizCom in achieving
its corporate and financial goals, as well as guide the Company's
Mr. Amouyal stated, "Having taking a good look under the bonnet of
WizCom's products, market reach and operations, I was very happy to
accept the role of CEO. Much work has been done recently in order
better to position the Company and I envisage continuing this
development while bringing in my own expertise to turn WizCom's
potential into hard sales."
About the Wizcom Group:
WizCom Technologies Ltd. is the world's leading producer of personal,
portable scanning pens that help people read and process text. These
pocket-sized, user-friendly devices enable people to understand and
use printed material, anytime and anywhere, without disrupting their
reading process. Our pens help students of English as a first or
second language, as well as people working in multilingual
environments, enhancing their fluency and expediting reading
WizCom Technologies Inc, Boston, US-based entity, responsible for
WizCom Group operations in the Americas.
Ligature Ltd. is a world leader developer of Optical Character
Recognition (OCR) technologies and applications. The company offers
innovative approach to OCR based solutions for specialized markets
partnering with OEMs, VARs and system integrators incorporating
CharacterEyes into software applications and hardware products.
Galil Microwaves Israel (2003) Ltd. is a third party manufacturer and
assembler of electronic modules for microelectronic and microwave
For further information, please contact:
WizCom Technologies Ltd.
Shimon Amouyal, CEO
13 Hamelacha St.
Rosh Ha'ayin, 48091, Israel
SCHWARZ Financial Communication
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WizCom Technologies Ltd.
8B Hamarpe St. Jerusalem Israel
915856; ISIN: IL0010830706; Index: Prime All Share, TECH All Share;
Listed: Freiverkehr in BÃ¶rse Berlin, Freiverkehr in BÃ¶rse DÃ¼sseldorf,
Freiverkehr in Hanseatische WertpapierbÃ¶rse zu Hamburg, Freiverkehr
in NiedersÃ¤chsische BÃ¶rse zu Hannover,
Freiverkehr in Bayerische BÃ¶rse MÃ¼nchen, Freiverkehr in BÃ¶rse
Prime Standard in Frankfurter WertpapierbÃ¶rse, Regulierter Markt in