RA'ANANA, Israel, Oct. 2, 2017 /PRNewswire/ -- MTS – Mer
Telemanagement Solutions Ltd. (Nasdaq Capital Market: MTSL), a
global provider of telecommunications expense management (TEM) and
enterprise mobility management (EMM) solutions, and video
advertising solutions for online and mobile platforms, today
announced that it has appointed Mr. Roy
Hess as the Company's CEO.
Mr. Hess is a seasoned executive with over 20 years of
experience building successful global businesses in the telecom and
communication solutions and services sector. Over the course of his
career, Mr. Hess served as President of MTS Inc. and Mer Inc., VP
Business Development of C. Mer Industries Ltd. and the CEO of Gilat
Satcom Systems Ltd., a publicly traded company. Most recently, Mr.
Hess was the General Manager of Bioness Neuromodulation Ltd., a
provider of medical devices. Mr. Hess holds a B.Sc. degree in
Physics and Computer Science from Ben Gurion
University and M.B.A. degree from Tel
Aviv University.
"We are delighted to welcome Roy, a proven executive with
decades of successful company-building, to the MTS team," said Mr.
Haim Mer, MTS's Chairman of the
Board. "Roy has significant experience in the telecom and
communication industries and has demonstrated a unique ability to
manage and grow operations across diverse business units and
multiple continents in the organizations that he led. We are
confident that Roy's experience and managerial skills will be a
valuable asset to MTS's management team and will facilitate our
strategy to enhance our business," concluded Mr. Mer.
"It is an honor for me to be named CEO of MTS and to have the
opportunity to work with MTS's management and employees," said Mr.
Hess. "I understand the challenges facing MTS and I am confident
that we can address these challenges and deliver on our commitment
to create value for our shareholders by expanding MTS's businesses
and delivering long-term growth."
About MTS
Mer Telemanagement Solutions Ltd. (MTS) is a provider of video
advertising solutions for online and mobile platforms through
Vexigo, as well as a provider of innovative products and services
for telecom expense management (TEM) and enterprise mobility
management (EMM). Headquartered in Israel, MTS markets its solutions through
wholly owned subsidiaries in Israel, the United
States and Hong Kong and
through distribution channels.
Vexigo (www.vexigo.com) is a global provider of online video
advertising software and services delivering compelling results
through a propriety in-house technology and an easy-to-use and very
effective publishing platform specifically designed for content
publishers.
For more information, please visit the MTS web
site: www.mtsint.com.
Certain matters discussed in this news release are
forward-looking statements that involve a number of risks and
uncertainties including, but not limited to, risks in product
development plans and schedules, rapid technological change,
changes and delays in product approval and introduction, customer
acceptance of new products, the impact of competitive products and
pricing, market acceptance, the lengthy sales cycle, proprietary
rights of the Company and its competitors, risk of operations in
Israel, government regulations,
dependence on third parties to manufacture products, general
economic conditions and other risk factors detailed in the
Company's filings with the United States Securities and Exchange
Commission.
Contact:
MTS:
Alon Mualem
CFO
Tel: +972-9-7777-540
Email: Alon.Mualem@mtsint.com
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SOURCE Mer Telemanagement Solutions Ltd. (MTS)