ECtel Ltd. (NASDAQ: ECTX), a leading global provider of Integrated Revenue Managementâ„¢ (IRMâ„¢) solutions, has promoted Itzik Weinstein, Executive Vice President, Professional Services & Operations to serve as the company’s new President and Chief Executive Officer, commencing May 1, 2007 Itzik Weinstein will replace Eitan Naor who will be working with Itzik until June 30th, 2007 to facilitate smooth transition and assumption of responsibilities.
Itzik Weinstein brings to the position significant management experience and a strong track record in the hi-tech industry.
Itzik served as ECtel’s Executive Vice President for Professional Services and Operations since July 2004 where he had a major contribution to ECtel’s successful implementation of recovery and growth plans. Prior to joining ECtel Itzik served as Vice President, Customer Services & Product Management at VocalTec, where he was responsible for R&D activities, product management and customer support. Prior to that, Itzik served as an Engineering Site Manager at NetManage and as a Software Engineering Manager of KLA-Tencor Corporation’s optical metrology division. He has also held software engineering and project management positions at Scitex Corporation, Electronics Images Technology and Intel Corporation.
Itzik Weinstein holds an MBA from the Kellogg-Recanati Executive MBA Program of Tel Aviv University and a BSc in Computer Engineering from the Technion-Israel Institute of Technology.
Yair Cohen, Chairman of the Board of ECtel said, “We are very pleased to have an able leader as Itzik taking over as the companyâ€™s CEO. As we move forward in implementing our strategy, ECtel will need to continue and excel in its technology and operations and lead the market in providing IRMâ„¢ solutions to communication service providers”
Commenting on his appointment, Itzik Weinstein said, “I’m excited and challenged in assuming the President & CEO position at ECtel, a leading global innovative player in its field. Having been part of the Company’s executive team for the past three years I’m confident that our excellent management team and employees have what it takes to drive ECtel’s business forward.”
ECtel (NASDAQ: ECTX) is a leading global provider of Integrated Revenue Managementâ„¢ (IRMâ„¢) solutions for communications service providers. A pioneering market leader for over 15 years, ECtel offers carrier-grade solutions that enable wireline, wireless, converged and next-generation operators to fully manage their revenue and cost processes. ECtel IRMâ„¢ Product Suite features the world-leading fraud and revenue assurance products, FraudViewÂ® and RAP, that minimize operator revenue leakage across networks and operations support systems (OSSs). For more information, visit www.ectel.com