HERZLIYA, Israel, May 22, 2013 /PRNewswire/ --
SuperCom Ltd (formerly Vuance) (OTCQB: SPCBF), a leading provider of e-ID, Security, HealthCare, Homecare, and Electronic Monitoring Solutions, announced today that it has appointed Doron Ilan to serve as its Chief Financial Officer.
Doron Ilan brings to SuperCom a wealth of experience in corporate finance, mergers & acquisitions and public offerings. In his most recent position, Doron served as Chief Financial Officer of 012 Smile Telecom, where he led the company through complex merger processes and executed a successful initial public offering.
Doron began his financial career in 1992, and holds an M.B.A. and a B.A. in Economics and Accounting, and is a Certified Public Accountant in Israel.
"We are extremely pleased to welcome Doron to the SuperCom executive team," said Arie Trabelsi, Chief Executive Officer, SuperCom. "Doron brings the right financial experience that SuperCom needs as we advance the development of our company and its products. This is an exciting stage in our company's growth. Doron's track record of orchestrating successful M&A for fast growing companies makes him an ideal appointment for our organization."
Since 1988, SuperCom has been a leading global provider of traditional & digital identity solutions, providing advanced electronic monitoring, identification and security products and solutions, to Governments, private and public organizations throughout the world. SuperCom has been inspiring governments and national agencies, to design and issue secured Multi-ID documents and robust digital identity solutions to its citizen and visitors, using SuperCom e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services. SuperCom features a unique all-in-one field-proven RFID & mobile technology and products, accompanied with advanced complementary services for the healthcare, security, community public safety, electronic monitoring, livestock monitoring, and more.
SuperCom website is http://http://www.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.
Corporate Relations Contacts:
Investor Relations Contacts:
Ehud Helft & Kenny Green
CCG Investor Relations
SOURCE SuperCom Ltd