Metalink's Chief Executive Officer Acquires Additional 120,000 Shares
December 12 2007 - 7:30AM
PR Newswire (US)
YAKUM, Israel, December 12 /PRNewswire-FirstCall/ -- Metalink Ltd.
(NASDAQ:MTLK), a provider of high-performance wireless and wireline
broadband communication silicon solutions, today announced that
Tzvika Shukhman, Metalink's Chief Executive Officer, and a
principal shareholder, has acquired 120,000 shares of the Company's
stock in open market purchases during the past two months. The
purchases by Mr. Shukhman have been made in accordance with
Metalink's trading policies. About Metalink Metalink Ltd.
(NASDAQ:MTLK) is a leading provider of high performance wireless
and wireline broadband communication silicon solutions. Metalink's
WLAN and DSL technologies are designed to enable true broadband
connectivity in every home, and its products revolutionize the
broadband experience by facilitating the convergence of
telecommunication, networking and entertainment. Metalink's
WLANPlus(TM) is a high-throughput, 802.11n-draft-compliant wireless
LAN technology optimized for the networked home entertainment
environment. Featuring advanced MIMO technology and full support of
QoS, and operating in both 2.4GHz and 5GHz bands, WLANPlus enables
multi-room networking of multiple high-definition video streams. In
addition, Metalink offers a broad range of symmetric DSL and VDSL
products used by operators as a cost-effective network upgrade to
support triple-play services. Headquartered in Yakum, Israel, the
company has design centers in USA (Atlanta, GA) and Taiwan, and
sales offices in USA (Atlanta, GA), South Korea, Japan, China and
Taiwan. Further information is available at http://www.mtlk.com/
This press release contains "forward looking" information within
the meaning of the United States securities laws that involve risks
and uncertainties that could cause actual results to differ
materially from those in the forward looking statements. Additional
factors that could cause actual results to differ materially from
these forward-looking statements are set forth from time to time in
Metalink's filings with the Securities and Exchange Commission,
including Metalink's Annual Report in Form F-20. Readers are
cautioned not to place undue reliance on forward-looking
statements. The Company undertakes no obligation to republish or
revise forward-looking statements to reflect events or
circumstances after the date hereof or to reflect the occurrences
of unanticipated events. The Company cannot guarantee future
results, events, and levels of activity, performance, or
achievements. Contact: Yuval Ruhama, CFO, Metalink Ltd., Tel:
+972-9-9605395, Fax: +972-9-9605544, ; Mor Abraham, Marketing
Communications Manager, Metalink Ltd., Tel: +972-9-9605406, Fax:
+972-9-9605544, . DATASOURCE: Metalink Ltd CONTACT: Contact: Yuval
Ruhama, CFO, Metalink Ltd., Tel: +972-9-9605395, Fax:
+972-9-9605544, ; Mor Abraham, Marketing Communications Manager,
Metalink Ltd., Tel: +972-9-9605406, Fax: +972-9-9605544,
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