MCLEAN, Va., Nov. 19, 2013 /PRNewswire/
-- Commtouch® (NASDAQ: CTCH) announced changes
within its senior management team to support its ongoing
transformation strategy from a technology service provider to a
complete cloud-based Security-as-a-Service provider. These
appointments will enable the executive team to focus on the
Company's long-term growth strategy, while keeping a keen eye on
operational excellence.
(Logo:
http://photos.prnewswire.com/prnh/20130731/MM56946LOGO)
Effective immediately, Shlomi
Yanai has accepted the role of president focused on
Commtouch's strategic and growth initiatives. He transitioned the
position of chief executive officer (CEO) to Lior Samuelson, currently the Chairman of the
Board of Commtouch, who will keep continued focus on the company's
operational excellence.[1] Mr. Samuelson has a long-term
relationship with Commtouch as well as an extensive career
including serving as chairman, CEO and board member of multiple
companies in technology, telecom, financial services and management
consulting.
"These management changes strengthen Commtouch's ability to
evaluate and capitalize on emerging business opportunities more
quickly," said Lior Samuelson, CEO
and Chairman of the Board. "The Board of Directors is very pleased
that Shlomi accepted this position."
"These new roles for Lior and me allow us to continue the strong
partnership we have built over the past few years. I am more
confident in the strength of the organization to take advantage of
the most critical opportunities to build long-term sustainable
growth," said Shlomi Yanai.
Shlomi Yanai will retain his seat
on the Commtouch Board of Directors.
About Commtouch
Commtouch® (NASDAQ: CTCH)
is a leading provider of Internet security technology and
cloud-based services for vendors and service providers, increasing
the value and profitability of our customers' solutions by
protecting billions of Internet transactions on a daily basis. With
12 global data centers and award-winning, patented technology,
Commtouch's email, Web, and antivirus capabilities easily integrate
into our customers' products and solutions, keeping safe more than
550 million end users. To learn more, visit www.commtouch.com.
- Blog: http://blog.commtouch.com
- Facebook: www.facebook.com/commtouch
- LinkedIn: www.linkedin.com/company/commtouch
- Twitter: @Commtouch
Recurrent Pattern Detection, RPD, Zero-Hour and GlobalView
are trademarks, and Commtouch is a registered trademark of
Commtouch. U.S. Patent No. 6,330,590 is owned by Commtouch. All
other trademarks are the property of their respective
owners.
[1] Pending shareholder approval at the annual meeting on
December 24, 2013.
Company Contact:
|
Israel Investor Relations
Contact:
|
Brian Briggs, Chief Financial
Officer
|
Iris Lubitch
|
Commtouch
|
EffectiveIR
|
703.760.3444
|
+972.54.2528007
|
brian.briggs@commtouch.com
|
iris@EffectiveIR.co.il
|
|
|
U.S. Investor Contact:
|
Commtouch Media Contact:
|
Monica Gould
|
Matthew Zintel
|
The Blueshirt Group
|
Zintel Public Relations
|
212.871.3927
|
281.444.1590
|
monica@blueshirtgroup.com
|
matthew.zintel@zintelpr.com
|
SOURCE Commtouch