IncrediMail Announces Appointment of New CEO
05 Febbraio 2008 - 4:35PM
Business Wire
IncrediMail Ltd. (NASDAQ: MAIL) (http://www.incredimail-corp.com),
an Internet content and media company, today announced that Yaron
Adler, its co-founder, Chief Executive Officer and Director, has
been appointed as the Company's President. Mr. Ofer Adler, the
Company's co-founder and director and currently the Company's Chief
Product Officer, will replace Yaron Adler as Chief Executive
Officer. Yaron�s terms of engagement as the Company's President are
subject to approval by the Company's shareholders. The Company will
announce separately the date of a meeting of the Company�s
shareholders at which such terms will be submitted to approval.
Tami Gottlieb, Chairperson of the Company's board of directors,
commented: "We are grateful to Yaron for his vision, leadership,
enthusiasm and determination, bringing together with Ofer the
Company so far. We accept Yaron�s wish to allocate more time to
other endeavors, resulting in a lesser involvement in the Company�s
operations, and are thankful for his continued availability and
advice, which we believe will contribute to the Company's future
growth and success. We are confident that Ofer, a co-founder of the
Company, having been involved in all of its operations since
inception, is the right person to take the Company to its next
phase." About IncrediMail Ltd. IncrediMail is an Internet content
and media company. Founded in 1999, IncrediMail�s products bring a
new level of fun, personality and convenience to email, desktops
and screen savers, and have been downloaded more than eighty
million times. Having secured more than ten million active users,
IncrediMail is now branching out into Instant Messaging, Web 2.0
and social networking applications, using its unique content and
approach to enhance the user experience. Forward Looking Statements
This press release contains historical information and
forward-looking statements within the meaning of The Private
Securities Litigation Reform Act of 1995 with respect to the
business, financial condition and results of operations of the
Company. The words �believe,� �expect,� �intend,� �plan,� �should�
and similar expressions are intended to identify forward-looking
statements. Such statements reflect the current views, assumptions
and expectations of the Company with respect to future events and
are subject to risks and uncertainties. Many factors could cause
the actual results, performance or achievements of the Company to
be materially different from any future results, performance or
achievements that may be expressed or implied by such
forward-looking statements, including, among others, changes in the
markets in which the Company operates and in general economic and
business conditions, loss of key customers and unpredictable sales
cycles, competitive pressures, market acceptance of new products,
inability to meet efficiency and cost reduction objectives, changes
in business strategy and various other factors, both referenced and
not referenced in this press release. Various risks and
uncertainties may affect the Company and its results of operations,
as described in reports filed by the Company with the Securities
and Exchange Commission from time to time. The Company does not
assume any obligation to update these forward-looking statements.
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