Commtouch Announces Promotions, Changes to Management Team.Business Editors MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Nov. 12, 2001 Commtouch (Nasdaq:CTCH CTCH Common Traffic Channel ), a leading provider of messaging solutions and software to telcos, data centers, ISPs, ASPs, and corporations, today announced a number of key executive additions and changes in order to insure continued proactive leadership. Avner Amram has been promoted to Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Amram joined Commtouch in March 1996, and was most recently the Senior Vice President of Operations. He built upon the company's expertise in carrier-class messaging for global service providers to develop a leading capability in enterprise messaging, as well as earning a Microsoft Gold certification for the Commtouch Exchange 2000 hosting service. Amram received a B.Sc., graduating cum laude cum lau·de adv. & adj. With honor. Used to express academic distinction: graduated cum laude; 25 cum laude graduates. , in Computer Science from the Technion, Haifa. Grif Palmer has been promoted to Executive Vice President of Sales and Business Development. Palmer joined Commtouch in September, 2000 as Vice President of North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Sales. Before joining Commtouch, he was Vice President of Sales at High End Systems in Austin, Texas, and prior to that he was the Chief Executive Officer and owner of Core Systems. Devyani Patel has been appointed Vice President of Finance. Patel is assuming primary responsibility for accounting and finance matters as Sunil Bhardwaj, former Chief Financial Officer of Commtouch, leaves the company to pursue other business interests. Devyani Patel has served as Corporate Controller for Commtouch for the past five years. Patel has nearly 20 years of accounting and finance experience, and has several years of technology industry experience in addition to Commtouch. Patel graduated from the University of Kent, at Canterbury, England in Accounting and Law. Gideon Mantel, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Commtouch, noted, "We are very fortunate to have committed executives of this caliber and experience to manage our organization. With the challenges of this past year behind us, these changes should assure a solid management team to lead Commtouch into the future of the email messaging market." About Commtouch Commtouch is a leading provider of hosted messaging and collaboration solutions to service providers and corporations. Commtouch enterprise-class services include Microsoft Exchange Messaging and groupware software for Windows from Microsoft. Exchange Server is an Internet-compliant e-mail system that runs under Windows NT/2000 and Windows Server 2003. It can be accessed by Web browsers, the Exchange client, versions of Outlook and the earlier Windows Inbox. 2000 and open standards Specifications for hardware and software that are developed by a standards organization or a consortium involved in supporting a standard. Available to the public for developing compliant products, open standards imply "open systems;" that an existing component in a system can be replaced messaging, either as hosted or onsite solutions that deliver a high level of performance, reliability, scalability and security. Hosted messaging and collaboration Powered by Commtouch(TM) includes unified communications The real time redirection of a voice, text or e-mail message to the device closest to the intended recipient at any given time. For example, voice calls to desk phones could be routed to the user's cellphone when required. , wireless, Web-based administration and revenue generating capabilities. Through its subsidiary Wingra Technologies, the company provides enterprise migration tools and services. Founded in 1991, Commtouch is a global company, headquartered in Netanya, Israel and Mountain View, Calif. To learn how Commtouch solutions are designed to meet today's enterprise messaging and collaboration needs, visit http://www.commtouch.com. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , including projections about our business, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. For example, statements in the future tense future tense n. A verb tense expressing future time. Noun 1. future tense - a verb tense that expresses actions or states in the future future , and statements including words such as "expect", "plan", "estimate", anticipate", or "believe" are forward-looking statements. These statements are based on information available to us at the time of the release; we assume no obligation to update any of them. The statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations as a result of numerous factors, including business conditions and growth or deterioration de·te·ri·o·ra·tion n. The process or condition of becoming worse. in the Internet market, commerce and the general economy both domestic as well as international; fewer than expected new-partner relationships; competitive factors including pricing pressures; technological developments, and products offered by competitors; availability of qualified staff for expansion; and technological difficulties and resource constraints CONSTRAINTS - A language for solving constraints using value inference. ["CONSTRAINTS: A Language for Expressing Almost-Hierarchical Descriptions", G.J. Sussman et al, Artif Intell 14(1):1-39 (Aug 1980)]. encountered in developing new products as well as those risks described in the Company's registration statement on Form 20-F filed with the SEC on May 16, 2001, which is available through www.sec.gov. Note to Editors: Commtouch is a registered trademark of Commtouch Software Ltd. Terms and product names in this document may be trademarks of others. |
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