Allot Communications Names Doron Arazi as New Chief Financial Officer
09 Maggio 2007 - 11:00AM
PR Newswire (US)
HOD HASHARON, Israel, May 9 /PRNewswire-FirstCall/ -- Allot
Communications Ltd. (NASDAQ:ALLT), a leader in IP service
optimization solutions based on deep packet inspection (DPI)
technology, today announced that Doron Arazi has been appointed as
Chief Financial Officer, following the announced departure of Adi
Sapir to pursue other interests. Mr. Sapir will remain with the
company during the interim period to ensure a smooth transition.
Mr. Arazi, who will assume the CFO position starting on September
1, 2007, brings over 18 years of financial management experience to
Allot. For the past six years, Mr. Arazi has held various financial
roles at Verint Systems Ltd., one of the largest subsidiaries of
Verint System Inc., an analytic software-based solutions provider,
with worldwide sales of over $370 million in fiscal 2006. For the
last three years, Mr. Arazi has served as Vice President Finance of
Verint's Israeli subsidiary. In this capacity and as part of
Verint's Israeli management team, he was responsible for all of the
Israeli company's and other foreign subsidiaries' financial and
legal issues, including strategic planning, mergers and
acquisitions, budget planning and control, treasury and accounting
departments, as well as US securities law compliance issues. Mr.
Arazi, a certified public accountant, holds a BA in Accounting and
Economics and an MBA from Tel Aviv University. "We are excited to
bring on Doron, who has extensive financial experience with a
large, multi-national solutions provider for the telecommunications
industry among other industries. As Allot continues to expand its
worldwide operations, we believe that Doron's familiarity with this
type of environment will make him a valuable part of our management
team," said Rami Hadar, Allot's President and CEO. "I want to thank
Adi for his 10 years of devoted service to Allot. During his tenure
as CFO, the Company grew from a start-up operation to a public,
global telecommunications company, following our successful IPO in
November 2006. As a part of Allot's senior management team, Adi
played a significant role in the Company's growth. I wish Adi much
success in his future endeavors." About Allot Communications Allot
Communications Ltd. (NASDAQ:ALLT) is a leading provider of
intelligent IP service optimization solutions. Designed for
carriers, service providers and enterprises, Allot solutions apply
deep packet inspection (DPI) technology to transform broadband
pipes into smart networks. This creates the visibility and control
vital to manage applications, services and subscribers, guarantee
quality of service (QoS), contain operating costs and maximize
revenue. Allot believes in listening to customers and provides them
access to its global network of visionaries, innovators and support
engineers. For more information, please visit
http://www.allot.com/. DATASOURCE: Allot Communications Ltd.
CONTACT: Jay Kalish, Executive Director Investor Relations,
International access code +972-9-761-9365, Web site:
http://www.allot.com/
Copyright
Grafico Azioni Allot (NASDAQ:ALLT)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Allot (NASDAQ:ALLT)
Storico
Da Lug 2023 a Lug 2024