SuperCom Broadens Management Team, Names New CIO and CFO

Arnon Zilberman joins company as Chief Information Officer

Vice CFO to replace departing CFO

17 Nov, 2015, 08:32 ET from SuperCom

HERZLIYA, Israel, and NEW YORK, Nov. 17, 2015 /PRNewswire/ -- SuperCom Ltd (NASDAQ: SPCB), a leading provider of Electronic Intelligence Solutions for National ID, Public Safety and HealthCare, announced today that it has named Shahar Marom as its acting Chief Financial Officer and Arnon Zilberman as its new Chief Information Officer.

The company's departing CFO, Ms. Simona Green, will continue to work jointly with Mr. Marom during the transition period to ensure a smooth changeover.

Mr. Marom is a Certified Public Accountant in Israel, currently serving as the company controller and Vice CFO. He joined SuperCom in 2013 as a controller after working for five years at 012 Smile Telecom Ltd, where he gained vast experience in aspects of finance, accounting, tax and bookkeeping. Mr. Marom began his financial career at KPMG and he holds a B.A. in Economics and Accounting from the University of Tel-Aviv.

"I would like to take this opportunity to express our deep thanks to Simona, who has served SuperCom through both exciting and challenging times, and we wish her the very best of luck in the future," commented Mr. Arie Trabelsi, President and CEO of SuperCom. "Shahar is a proven financial professional, who is highly familiar with SuperCom's operations and financials, and we are confident he will continue to be a key contributor as we continue to implement our international growth strategy."

Mr. Arnon Zilberman brings over 15 years of experience in technology management, most of which managing large IT divisions in global enterprises, including implementation and integration of IT systems. Before joining SuperCom, he served as head of Retalix IT, part of NCR Corporation (NYSE: NCR), a global technology provider well known for its presence in the retail and payments industries, where he supervised IT teams in regions around the world including EMEA, Israel, USA, China and Japan. Previously, Arnon was based in Stockholm, Sweden, where he served as Head of the IT Common Services division at Ericsson AB. In this role, Arnon was responsible for strategy execution and global leaders' management in both Sweden and India. His areas of focus included software and IT asset management, secured access solutions and IT supplier governance. Arnon holds a BA degree in Economics & Management from the Academic College of Tel-Aviv–Yafo and a Master's degree in Law from the Bar-Ilan University.

"We are very excited to add a technology leader like Arnon to the SuperCom team," added Mr. Trabelsi. "He brings years of experience and a wealth of relationships to SuperCom, and his expertise with a broad range of different technologies will benefit us as we continue to expand our offerings and differentiate SuperCom within the industries we serve."

About SuperCom Since 1988, SuperCom has been a leading global provider of traditional and digital identity solutions, providing advanced safety, identification and security solutions to governments and organizations, both private and public, throughout the world. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secured Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers advanced, secure mobile payments ranging from mobile wallet to mobile POS, using a set of components and platforms to enable secure mobile payments and financial services. SuperCom is a global provider of a unique all-in-one field-proven RFID & mobile PureSecurity advanced solutions suite, accompanied by advanced complementary services for various industries, including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, livestock monitoring, and building and access automation.

SuperCom's website: http://www.supercom.com

Investor Relations Contacts:

Company Contact:

Brett Maas / Rob Fink

Ordan Trabelsi, President, Americas

Hayden IR

(646) 536.7331 / (646) 415.8972

(212) 675-4606

spcb@haydenir.com 

ordan@supercom.com

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded or followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Forward-looking statements in this release also include statements about business and economic trends. Investors should also consider the areas of risk described under the heading "Forward Looking Statements" and those factors captioned as "Risk Factors" in the Company's periodic reports under the Securities Exchange Act of 1934, as amended, or in connection with any forward-looking statements that may be made by the Company. These statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements arising from the annual audit by management and the Company's independent auditors. The Company undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release.

SOURCE SuperCom



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