XFONE,
INC. NAMES GILAD AMOZEG AS EXECUTIVE VICE PRESIDENT
JANUARY 30, 2007
Jackson, MS – January 30, 2007 – XFONE, Inc.
(AMEX, TASE: XFN), an international diversified
communications services company, today announced the
appointment of Gilad Amozeg as Executive Vice President.
In this role, Mr. Amozeg will focus on strategic
planning, mergers and acquisitions and investor
relations.
Guy Nissenson, President and CEO of XFONE, Inc.
commented, "We are very pleased to welcome Gilad Amozeg
to our management team. His international business
experience, diverse professional background and
expertise in finance, operations and marketing make him
well suited to join our team."
Most recently Mr. Amozeg was Chief Executive Officer
of ad notam LLC, a German manufacturer of mirror
televisions, where he established the company's
operations in the United States. Before that, he served
as the Senior Associate, Mergers & Acquisitions at
Zellermayer & Pelossof, a leading law firm in Israel.
While there he led the takeover and restructuring of
Israel's leading investment vehicle, Gmul Investment
Company and was subsequently appointed to the company's
Board of Directors where he assisted their IPO on the
Tel Aviv stock exchange. Prior to that, Mr. Amozeg was
an associate attorney within Israel's Ministry of
Finance, specializing in issues related to the Pension
Fund industry.
Mr. Amozeg earned an LL.B degree (cum laude) in
Corporate Law and Corporate Finance from the Hebrew
University of Jerusalem, where he also received a LL.M
(magna cum laude) degree in Taxation. He holds an MBA
degree in Finance with a concentration in Private
Equity: Buyouts from The Wharton School at The
University of Pennsylvania in the United States.
About XFONE, Inc.
A U.S.-domiciled corporation, XFONE, Inc. is an international voice, video and data communications services provider with operations in the United Kingdom, the United States and Israel that offers a wide range of services, which include: local, long distance and international telephony services; prepaid and postpaid calling cards; cellular services; Internet services; messaging services (Email/Fax Broadcast, Email2Fax and Cyber-Number); and reselling opportunities. The Company serves customers across Europe, Asia, North, Central and South America, Australia and Africa.
This press release contains forward-looking statements.
The words or phrases "should," "would
be," "will allow," "intends to,"
"will likely result," "are expected to,"
"will continue," "is anticipated,"
"estimate," "project," or similar
expressions are intended to identify "forward-looking
statements." The Company's financial results reflected
above should not be construed by any means as representative
of the current or future value of its common stock.
All information set forth in this press release, except
historical and factual information, represents forward-looking
statements. This includes all statements about the company's
plans, beliefs, estimates and expectations. These statements
are based on current estimates and projections, which
involve certain risks and uncertainties that could cause
actual results to differ materially from those in the
forward-looking statements. These risks and uncertainties
include issues related to rapidly changing technology
and evolving standards in the industries in which the
Company and its subsidiaries operate; the ability to
obtain sufficient funding to continue operations, maintain
adequate cash flow, profitably exploit new business,
and license and sign new agreements; the unpredictable
nature of consumer preferences; and other factors set
forth in the Company's most recently filed annual report
and registration statement. Readers are cautioned not
to place undue reliance on these forward-looking statements,
which reflect management's analysis only as of the date
hereof. The Company undertakes no obligation to publicly
revise these forward-looking statements to reflect events
or circumstances that arise after the date hereof. Readers
should carefully review the risks and uncertainties
described in other documents that the Company files
from time to time with the Securities and Exchange Commission.
| For More Information, Please Contact: |
 |
| U.S.
IR Contact |
John Nesbett/Jennifer Beloeau
Institutional Marketing Services (IMS)
Phone: 1.203.972.9200.
E-mail: jnesbett@institutionalms.com |
|
| Xfone Contact |
|
Niv Krikov
Chief Financial Officer
Phone: + 972.39254446 (Israel)
E-mail: E-mail: niv@xfone.com |
|
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