Elscint Ltd. Announces Appointment of New Corporate Secretary and Resignation of Director.HAIFA, Israel--(BW HealthWire)--Aug. 10, 1999-- Elscint Ltd. (NYSE NYSE See: New York Stock Exchange : ELT), a subsidiary of Elbit Medical Imaging Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : EMITF EMITF European Microsoft Information Technology Forum ), announced today that Mr. Marc Lavine has been appointed Corporate Secretary of the company, effective August 4, 1999. Mr.Lavine also serves as Corporate Secretary of Elbit Medical Imaging Ltd. ("EMI"), Elscint's principal shareholder. Mr. Lavine, a member of the Israel Bar Association The Israel Bar Association is the single organization which serves as the bar for all Israeli lawyers. The Israel Bar is organized as a corporation, with a Central Committee and a National Assembly, plus five different districts. , is General Counsel of Europe-Israel (M.M.S.) Ltd, ("Europe-Israel"), the principal shareholder of EMI. Mr. Lavine is a graduate of University of Zimbabwe The University of Zimbabwe (UZ), is the first and largest university in Zimbabwe. It was founded through a special relationship with the University of London and it opened its doors to its first students in 1952. (B.L., 1974). In addition, effective August 5, 1999, Mr. Mordechai Zisser resigned as a Director of the company. Mr. Zisser resigned his position due to his many positions and activities in the corporate group and desires to concentrate his activities within the framework of the holding companies. This release contains certain forward-looking statements which involve known and unknown risks, uncertainties or other factors not under the company's control which may cause actual results, performance or achievements of the company to be materially different from the results, performance or other expectations implied by these forward-looking statements. These factors include, but are not limited to, those detailed in the company's periodic filings with the Securities and Exchange Commission. |
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