Pointer Telocation Ltd. Announces CEO Danny Stern Stepping Down and Being Replaced by David Mahlab
Telocation Ltd. (Nasdaq Capital Market: PNTR) (TASE: PNTR) ) (the “Company”)
announced today that
Ltd. will be replacing
Mr. Mahlab will commence his office as Chief Executive Officer on
of successful and challenging tenure. Danny will be assisting David during
the short term in handing over duties and completing several business
David brings with him extensive experience in building successful
enterprises and opening new markets.
of the employees, management, board of directors and shareholders for his
contribution to the company. Danny was responsible for building the company’s
international presence and for finding new growth engines. I congratulate
David for joining the company and I am confident that together we will
continue the company’s growth.”
About Pointer Telocation:
Pointer Telocation is a leading provider of technology and services to
the automotive and insurance industries, offering a set of services including
Road Side Assistance, Stolen Vehicle Recovery and Fleet Management. Pointer
has a growing client list with products installed in over 30 countries.
Cellocator, a Pointer Products Division, is a leading MRM (Mobile Resource
Management) technology developer and manufacturer.
For more information: http://www.pointer.com Contact: Zvi Fried, V.P. and Chief Financial Officer Tel.; +972-3-572 3111 E-mail: email@example.com Chen Livne, Gelbart-Kahana Investor Relations Tel: +972-3-607 4717, +972-54-302 2983 E-mail: firstname.lastname@example.org
SOURCE Pointer Telocation Ltd