WizCom Technologies Management Change

2 juni 2009Corporate news announcement processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- -------------- 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 further development." 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 comprehension. 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 components. For further information, please contact: WizCom Technologies Ltd. Shimon Amouyal, CEO 13 Hamelacha St. Rosh Ha'ayin, 48091, Israel Phone +972-3-9103330 http://www.wizcomtech.com SCHWARZ Financial Communication Frank Schwarz Investor Relations Germany Phone +49-611-1745-398-11 Schwarz@schwarzfinancial.com --- End of Message --- WizCom Technologies Ltd. 8B Hamarpe St. Jerusalem Israel WKN: 915856; ISIN: IL0010830706; Index: Prime All Share, TECH All Share; Listed: Freiverkehr in Börse Berlin, Freiverkehr in Börse Düsseldorf, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Niedersächsische Börse zu Hannover, Freiverkehr in Bayerische Börse München, Freiverkehr in Börse Stuttgart, Prime Standard in Frankfurter Wertpapierbörse, Regulierter Markt in Frankfurter Wertpapierbörse;