HOD HASHARON, Israel, February 9 /PRNewswire-FirstCall/ -- Allot
Communications Ltd. (NASDAQ: ALLT), a leader in IP service optimization and
revenue generation solutions, today announced that Doron Arazi, the company's
Chief Financial Officer, will be leaving Allot to pursue other interests. Mr.
Arazi will continue as Chief Financial Officer through a transition period
until early April, after the date on which the Company expects to file its
annual report on Form 20-F for the 2009 fiscal year. The Company has
commenced a search for a new Chief Financial Officer.
Mr. Arazi joined Allot as its Chief Financial Officer shortly after the
company completed its initial public offering. In this position, he played a
key role in overhauling Allot's financial and reporting activities and
implementing new methodologies and systems which have significantly improved
the company's capabilities in financial management and reporting. Mr. Arazi
will remain available to the company in order to insure a smooth transition
to his successor.
"Doron has done an excellent job in overhauling and managing Allot's
financial activities, and putting a first rate finance department in place,"
said Rami Hadar, the company's President and Chief Executive Officer.
"Management and the board of directors greatly appreciate Doron's
contributions to Allot, and I would like to extend our thanks to him for his
hard work and dedication to the company. We wish him all the best in his new
endeavors."
About Allot Communications
Allot Communications Ltd. (NASDAQ: ALLT) is a leading provider of
intelligent IP service optimization solutions for fixed and mobile broadband
operators and large enterprises. Allot's rich portfolio of solutions
leverages dynamic actionable recognition technology (DART) to transform
broadband pipes into smart networks that can rapidly and efficiently deploy
value added Internet services. Allot's scalable, carrier-grade solutions
provide the visibility, topology awareness, security, application control and
subscriber management that are vital to managing Internet service delivery,
enhancing user experience, containing operating costs, and maximizing revenue
in broadband networks. For more information, please visit
http://www.allot.com.
Investor Relations Contact:
Jay Kalish
Executive Director Investor Relations
International access code +972-54-221-1365
jkalish@allot.com
SOURCE Allot Communications Ltd.