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| Press Release - November 26, 2003 |
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Yoqneam, Israel, November 26, 2003 MIND Expands Management Team to Reinforce Larger Deployments MIND CTI Ltd. (NASDAQ: MNDO), a leading global provider of real-time mediation, rating, billing and customer care solutions for pre-paid and post-paid voice, data and content, today announced the appointment of Mr. Dudi Avni, as VP Professional Services. This appointment marks the increasing focus on deploying larger projects as well as strengthening relationships with Tier 1 customers. Mr. Avni brings prominent management experience with global IT operations, enterprise systems and large customer care & billing solutions. Recently Mr. Avni was VP at Amdocs, with responsibility for customer care & billing deployments at large operators. Prior to that he served as CIO for Osem Group (Nestle Israel). Mr. Avni holds an M.B.A, along with a B.Sc. in Mathematics & Computer Science and a B.A. in Economics from the Tel-Aviv University. The Company also announced the appointment of Mr. Sagee Aran, as VP of Sales for Asia Pacific and Africa. Mr. Aran served as VP Professional Services at MIND and was also responsible for the company’s sales in Asia Pacific and Africa. “These new appointments are designed to capitalize on potential growth in our markets”, stated Monica Eisinger, President and CEO. “Mr. Avni’s extensive experience with Tier 1 operators will significantly contribute to our existing customer base and our long-term business. We see professional services as a key revenue generator and a major factor in our ability to win larger deals. Mr. Aran will focus on sales to APAC and Africa, as we expect growing demand for MIND’s solutions and technology in these areas.” “I am excited to join MIND,” said Dudi Avni, “Our customer base demonstrates our ability to provide leading solutions for VoIP, service enabling and convergent end-to-end billing and customer care. I’m delighted to have the opportunity to lead our expanding professional services team in responding to new customer needs.” About MIND MIND is a leading global provider of real-time mediation, rating, billing and customer care solutions for pre-paid and post-paid voice, data and content. Our customers include worldwide leading carriers servicing millions of subscribers, using our end-to-end solutions for the deployment of new services. MIND operates from offices in the United States, Europe, China and Israeli headquarters. For information about MIND and its products visit the company Web site: http://www.mindcti.com For financial information, reports and presentations, please visit the Investor Relations site: http://www.mindcti.com/ir Cautionary Statement for Purposes of the "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995: All statements other than historical facts included in the foregoing press release regarding the Company's business strategy are "forward looking statements." These statements are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements are not guarantees of future performance, and actual results may materially differ. The forward looking statements involve risks, uncertainties, and assumptions, including the risks discussed in the Company's filings with the United States Securities Exchange Commission. The Company does not undertake to update any forward-looking information. For more information please contact:
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