Allot Names Ziv Leitman as New Chief Financial Officer
Hod Hasharon, Israel,
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Leitman, who will join Allot on
“Ziv brings 30 years of experience, great talent and skill both in finance and business leadership. I look forward to working together with him and am very confident that he will contribute significantly to our business strategy and future performance," said Erez Antebi, President and Chief Executive Officer of Allot. “Over the past three years, Alberto has been instrumental in helping turn Allot around and reach a path of sustained growth. On behalf of the Board of Directors and Allot management, I want to thank Alberto for his years of outstanding service. We all wish him the best in his future endeavors.”
“This is an exciting time to be joining Allot,” said Ziv Leitman, Allot’s new CFO. “I look forward to joining the Allot leadership team, to contributing the knowledge and perspective I have gained from my experience in the industry and to playing an active role in the company’s success.”
About Allot
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Forward Looking Statement
This release contains forward-looking statements, which express the current beliefs and expectations of company management. Such statements involve a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: acceptance of our products by our reseller and customer in EMEA, our ability to compete successfully with other companies offering competing technologies; the loss of one or more significant customers; consolidation of, and strategic alliances by, our competitors, government regulation; lower demand for key value-added services; our ability to keep pace with advances in technology and to add new features and value-added services; managing lengthy sales cycles; operational risks associated with large projects; our dependence on third party channel partners for a material portion of our revenues; and other factors discussed under the heading "Risk Factors" in the company's annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
Seth Greenberg Allot +972.9.761.7116 sgreenberg@allot.com Ehud Helft/Gavriel Frohwein GK Investor Relations +1 646 688 3559 allot@gkir.com