Assaf Katan Appointed Acting CEO at Alvarion Ltd. (ALVR)

Yesterday, optimized broadband wireless solutions provider Alvarion announced that Assaf Katan has been appointed as Acting Chief Executive Officer, effective immediately.

“I am honored by the trust that the board of directors has placed in me. While I recognize the challenges that Alvarion is facing, I believe that the current turnaround plan we are executing has put Alvarion back on a growth trajectory and we are already seeing the first fruits of these efforts. We remain committed to the traditional vertical markets we have excelled in such as security, smart cities and WISPs, as well as expanding our presence in the carrier Wi-Fi market,” said Mr. Katan. “I look forward to closely working with the board of directors and especially Alvarion’s management team on successfully completing this turnaround.”

Mr. Katan has been with Alvarion since 2010, first as part of the corporate development team, then transitioning to Corporate Vice President, Strategy & Business Development. Mr. Katan has been involved in the company’s major strategic initiatives, including the acquisition of Wavion Ltd. in November 2011. This move expanded Alvarion’s technology portfolio to include carrier Wi-Fi; the turnaround plan, launched in mid-2012, included a comprehensive review of Alvarion’s sales and marketing efforts and a decision to focus the business on vertical and carrier-grade Wi-Fi markets.

Prior to Alvarion, Mr. Katan served as Vice President, Marketing and Business Development at Media Layers, a privately held company engaged in the mobile advertising space. He also held various marketing and business development positions at Comverse, where he aided in initiating and leading the company’s entry into the mobile content domain. Mr. Katan was also a Team Leader at Shaldor Strategic Consulting, a leading management consulting firm in Israel. He holds a Bachelor’s Degree in Psychology and Business Administration from the University of Tel Aviv, Israel.

Amnon Yacoby, Alvarion’s Chairman of the Board, remarked, “We are pleased that Assaf accepted the Board’s request to lead Alvarion, as we believe he is the right person for the job at this time. Assaf brings to the role extensive industry experience, and as part of the management team, he knows the company, its corporate culture and the challenges it faces very well. Assaf has been intimately involved with formulating and executing the company’s turnaround plan over the past year. We are confident that under his leadership, the company will continue with the execution of the turnaround plan, focusing attention and resources on the company’s core target markets — vertical and Wi-Fi markets.”

For more information, visit www.alvarion.com

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