FOR IMMEDIATE RELEASE
Scitex Vision appoints President for Asia Pacific
Netanya, Israel, August 13, 2003 - Scitex Vision, a global leader in industrial digital printing, announces the appointment of Yariv Avisar as President of Scitex Vision Asia Pacific. Effective as of August 1, 2003,
Avisar's appointment will expand the activities of Scitex Vision in the region and strengthen the company's relations with its customers.
Dov Ofer, President and CEO of Scitex Vision, comments, "I am confident that this appointment will strengthen our organization in Asia Pacific and reinforce our leading position in digital printing for the graphic arts and
packaging industries. I wish Yariv all the best in his new position. "
In his previous position as VP Corporate, General Manager of the Consumables
Business at Scitex Vision, Yariv Avisar was responsible for the R&D, sales and manufacturing operations of the ink and media, and for developing the VisionInk and VisionMedia programs, increasing the sales and profit of the consumables division.
Prior to joining Scitex Vision, Avisar served as Worldwide Director Sales & Marketing of M-Systems. He was responsible for the sales and marketing of the DiskOnKey and other personal storage devices, developing international
sales channels, OEM partnerships and marketing strategies for the technology and products of the company. Previously, Avisar managed the sales and advertising teams of "Yediot Ahronot", one of the leading newspapers in
Israel.
Yariv Avisar has worldwide management experience in the graphic arts industry, which will enable him to take Scitex Vision Asia Pacific to new levels. Avisar also holds a bachelor's Business Degree in Marketing and
International Marketing and is a graduate of the Tel-Aviv Business Management College in Israel.
About Scitex Vision Ltd.
Scitex Vision is a leading developer, manufacturer and service provider of
cutting-edge digital printing presses and consumables for industrial applications including wide format graphic arts, packaging and textile. Backed by global marketing and support networks, Scitex Vision is committed
to continuously provide high-quality, flexible and cost-effective solutions to printing houses all over the world. The company owns a core technology based on Aprion's patented drop-on-demand piezo inkjet print heads and water-based inks. Scitex Vision employs more than 480 employees worldwide with headquarters located in Netanya, Israel, and subsidiaries in Atlanta,
USA and Brussels, Europe. The majority of the Company's shares are owned by Scitex Corporation Ltd.
The Company's other principal shareholders include:
- Clal Industries and Investments Ltd.
- Discount Investment Corporation Ltd.
- Israel Infinity funds
- Hapoalim Nechasim (Menayot) Ltd.
- CDI Technologies Ltd.
- TDA Capital funds
- Toyo Ink Mfg. Co., Ltd.
- IBM Corporation and
- Hitachi Printing Solutions, Ltd.
Scitex Vision Ltd.
5c Hatzoran St., P.O.B 8743
Netanya Industrial Park, 42505 Netanya, Israel
Phone: + 972-9-8924766
Fax: 972-9-8924900
E-Mail: joelle_inowlocki@scitexvision.com
Website URL: www.scitexvision.com