Orad Hi-Tec Systems Ltd
Orad Hi-Tec Systems Ltd.announces the appointment of Mr. Sami Totah as new Chairman of the Board of Directors
Orad Hi-Tec Systems Ltd / Key word(s): Change of Personnel Press Release Orad announces the appointment of Mr. Sami Totah as new Chairman of the Board of Directors Orad Hi-Tec Systems Ltd. (symbol OHT) announced today the appointment of Mr Sami Totah as its new Chairman of the Board. Mr Totah will be replacing Mr Danny Falk who has stepped down from the Board of Directors. “We are very pleased to announce that Mr Sami Totah will serve as our new Chairman. In addition to his many years’ experience in Orad board of directors, Mr Totah is a seasoned executive with over 25 years of international management experience in the IT industry,” stated Avi Sharir, Orad’s Founder and CEO. “We would like to thank Mr Falk for his many years of dedication and contribution to Orad’s Board of Directors.” Mr Totah is a General Partner in Viola Private Equity, Orad’s largest shareholder. Viola Private Equity, a member of Viola Group, is an Israeli-based technology growth capital and buyout fund, focusing on investments in global companies at expansion phase. About Orad Hi-Tec Systems For further information contact: Edicto Investor Relations 06.01.2015 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | Orad Hi-Tec Systems Ltd | |
15 Atir Yeda str POB 2177 | ||
44425 Kfar Saba | ||
Israel | ||
Phone: | +972-9-7676862 | |
Fax: | +972-9-7676861 | |
E-mail: | orad@orad.tv | |
Internet: | www.orad.co.il | |
ISIN: | IL0010838071 | |
WKN: | 928634 | |
Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart; London | |
End of News | DGAP News-Service |
309999 06.01.2015 |