Isaac Soibelman to focus on business expansion in The Americas.
Jerusalem, November 6, 2007 - WizCom Technologies Ltd. (WizCom)
(Prime Standard: WZM, IL 0010830706) announced today, that the
company has appointed Isaac Soibelman as new Managing Director for
the wholly owned US-subsidiary, WizCom Inc. Isaac Soibelman is
replacing Raz Itzhaki, who is leaving the company after serving for
over eight years in various management positions in order to further
move on in the world of business.
Michael Kenan, CEO of WizCom Technologies, commented: "I would like
to thank Raz Itzhaki for his work and strong personal commitment
during the past eight years he has worked for the company. His
different rolls in the company were important in the successful
implementation of the Company's turnaround strategy to reduce
operational costs, increase efficiencies and improve the balance
Kenan continued: "At the same time I would like to welcome Isaac
Soibelman, an experienced manager for sales and marketing of consumer
and technology products in the United States and Canada. Isaac will
help us to expand the company's position in the very important
American markets. Historically, the US has always been a stronghold
for the WizCom business. We still see a lot of possibilities for
growth in the consumer segments in both North- and South-America."
Isaac Soibelman has over 20 years experience in sales and marketing
in the US and in north Americas. Before joining WizCom, among others
he has worked 15 years as Director of Sales and Marketing at
Voguestrap, a licensee of TIMEX Corporation. Most recently he has
been North American Sales Director for Cognifit, developers of
cognitive assessment and training software programs. Isaac's
experience includes development of major sales programs including
developing and staffing, creative development and implementation of
marketing and public relations programs.
For additional information regarding WizCom Technologies, please
About WizCom Group
WizCom Technologies Ltd. is the world's leading producer of personal,
portable scanning pens that enable and enhance reading-related
activities, text processing and business productivity. These pocket
sized, user-friendly devices enable people to understand and use
printed material, anytime and anywhere, without disrupting their
reading process. Our pens are an invaluable support tool for students
of English as a first or second language, as well as people working
in multilingual environments, enhancing their fluency and expediting
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.
Roy Cohen, CFO
8B HaMarpe St.
SCHWARZ Financial Communication
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WizCom Technologies Ltd.
8B Hamarpe St. Jerusalem
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
Prime Standard in Frankfurter Wertpapierbörse, Geregelter Markt in