RA'ANANA, Israel and
RIVER EDGE, New Jersey,
Oct. 15, 2018
/PRNewswire/ -- MTS - Mer Telemanagement Solutions Ltd.
(NASDAQ Capital Market: MTSL), a global provider of
telecommunications expense management (TEM) and enterprise mobility
management (EMM) solutions, announced today that Mr. Yaacov Goldman has informed the Company that he
intends to resign from the Board of Directors of MTS, effective on
October 22, 2018.
Yaacov Goldman joined the Board
of MTS in 2004 and serves as a member of our audit and compensation
committees. "It has been a pleasure being a part of the MTS board
of directors. I appreciate the seriousness and professionalism of
the Board members and management in dealing with multiple business
challenges that have arisen.t., I ask to be discharged from my
service as an independent director due to my expected nomination to
serve as a director of another substantial company which will
require most of my time," said Mr. Goldman.
MTS's Chairman of the Board, Haim
Mer, said, "I value Yaacov's professionalism and strategic
insights and am appreciative of his contribution and service to our
company. The Board and management of MTS would like to thank Yaacov
for his time and dedication to MTS and we wish him well in his
future business endeavors."
About MTS
Mer Telemanagement Solutions Ltd. (MTS) is focused on innovative
products and services for enterprises in the area of telecom
expense management (TEM) and Call Accounting. Headquartered in
Israel, MTS markets its solutions
through wholly-owned subsidiaries in Israel, the U.S and Hong Kong, as well as through distribution
channels. 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.
MTS Contact:
Ofira
Bar
CFO
Tel:
+972-9-7777-540
Email: ofira.bar@mtsint.com
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SOURCE Mer Telemanagement Solutions Ltd. (MTS)