JERUSALEM (ots/PROTEXT) - WizCom Technologies Ltd. (WizCom)(NeuerMarkt: WZM, WKN: 915856) is pleased to announce theappointment of Mr. Erez Meltzer as Executive Chairman of theBoard of Directors. Meir Shamir, who has held this position upuntil now, will serve as Director of the Board.
Mr. Meltzer, the former President and CEO of CreoScitexCorporation Ltd., a merger of Preprint Operations of Scitex andCreo Products Inc., is one of the top executives in the Israelihigh-tech industry. Prior to this position, he served as COO ofScitex Corporation and played a key role in the company'sturnaround in 1997-1998. In addition he has held various seniormanagement positions in the telecom and semiconductorsindustries.
Mr Meltzer's experience in leading global, internationalcompanies will be a great advantage to WizCom, in it's newstrategy of creating new and wider global markets. This isaccentuated in light of Wizcom's objectives in the cellular, PDAand enterprise markets and in context of the focus on strategicpartnerships with industry leaders in these fields. Meltzer isquoted: "I am delighted at the prospect of working with Wizcom'snew management team. Wizcom's technology and people are theplatform from which we will make the necessary changes to ensuresuccess"
Meir Shamir, WizCom's exiting chairman has been searchingsome time for an appropriate candidate to take on the role ofWizcom's business leadership. This has been a key element in thesuccessful implementation of Wizcom's new strategy. Shamir says:"Wizcom possesses unparalleled technological and human assets. Sofar, Wizcom, has not been successful in translating these assetsinto financial results that reflect this strength. Thisdiscrepancy between the "dream" which was born with Quicktionary,and the current business reality has been disappointing to bothfounders and investors alike. Wizcom's reorganization is allabout setting this straight. I am certain that the wealth ofexperience and business acumen Mr. Meltzer brings to thisposition will assist in driving the company in its new strategy.we look forward to achieving the success and the profitabilitywhich Wizcom deserves."
WizCom's third generation products, to be released inDecember of this year, are targeted at the mobile phone and PDAmarkets. At this time Wizcom is investing growing resources intoits Business Development department as part of it's overall planto penetrate those markets.
Contact:WizCom Technologies Ltd.Raz Itzhaki8 Hamarpe St.Har Hotzvim BJerusalem 97774 IsraelTel.: +972-2-532 8222Mobil: 00972 548 458 45www.wizcomtech.comKirchhoff Consult AGUlla ErdmannAhrensburger Weg 220359 HamburgTel.: +49-(0)40-609 186 34Fax: +49-(0)40-609 186 71
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