Zohar_Elhanani

Zohar Elhanani zohar_elhanani@persay.com
has recently joined Persay as Director of Sales & Marketing.
Prior to Persay he held business development position at the Scitex
Corp. headquarters in Herzlia.
Persay Inc., http://www.persay.com
of Tel Aviv Israel with offices in Woodbury, NY, a subsidiary of
Comverse Technology (NASDAQ: CMVT), is a provider of voice
verification systems for remote services. The Persay product line
provides an answer to the growing need for efficient caller
verification methods in financial Call Centers, Telecom, and
E-Commerce operations. Persay offers verification technology –
using the speaker’s own voice and distinct speech characteristics
– capitalizing on Comverse’s experience in providing telephony
and Internet systems for large organizations.

Jim_Manelski

Jim Manelski jim@buylink.com
District Sales Manager for STA in the western region from
1991-1995 has joined Buylink as VP of Sales. Buylink
Corporation
http://www.buylinkcorp.com
of San Francisco CA, has been in business since 1996 linking
wholesalers and manufacturers to buyers. Buylink has over 5,000
vendor and 14,500 buyer members. Buylink has introduced the
Desktop Catalog, which allows companies to send an electronic
catalog to buyers without the need to be connected to the web.
The Desktop Catalog resides directly on buyer’s desktops,
laptops, or any device which supports browsers and compliments a
company’s web site and printed catalog.

Mike_Lilo

Mike Lilo mikel@audiocodes.com
is AudioCodes’ VP Finance and Chief Financial Officer since
October 1998. From 1996 to 1998, Mike served as Chief Financial
Officer of Comfy Interactive Ltd., a multimedia company traded on
the Tel Aviv Stock Exchange. He worked from 1985 until 1996 at Scitex
in various financial positions, including as manager of Scitex
Israel’s Economic Department. Incorporated in 1993, AudioCodes
Ltd.
www.audiocodes.com
(NASDAQ: AUDC)
of Yehud, Israel is a $60M company. Audiocodes designs,
develops and markets enabling technologies and products for the
transmission of voice, data and fax over packet networks.
Click to see an interview
with Mike
at the Israeli Globe newspaper: “Audiocodes:
We’re like a sailboat waiting for a breeze”.

Will Heidelberg be the buyer of the Scitex holding at Creo?

The original holding at Creo was evaluated at the time at $640 million shrunk by 65% to approximately $223M. In addition, Scitex pulled out and wrote off investments in Vio, Karat and PrintLife.
(July 22, 2001) The Scitex Corporation (Nasdaq:SCIX) is in preliminary talks to sell its 27% stake in Creo Products (Nasdaq, CREO, TSE:CRE) to press manufacturer Heidelberg Druckmaschinenreports the Yedioth Ahronoth newspaper. The paper adds that should the deal not take place, Scitex could consider spinning off its Creo holdings to the firm’s shareholders. Sources close to the Scitex management told the paper that at present the contacts have not matured into an agreement. Scitex’s decision to sell its stake in Creo is part of its reorganization, in which it plans to focus on the digital print business. For Hebrew article at the Yedioth Ahronoth newspaper click on http://www.yedioth.co.il/articles/0,7340,L-941508,FF.html .
The original holding at Creo was evaluated at the time at $640 million, but the steep Nasdaq decline affected the printing companies’ shares also, and the value shrunk by 65% to approximately $223M. In addition, Scitex pulled out and wrote off investments in Vio, Karat and PrintLife.

They’re Back, VIO Resurrected with New Funding

 

Funding for www.vio.com comes from a group of former Trinity Mirror managers. Andrew Hood, US Operations Manager. Miranda Clegg will lead the marketing efforts out of the UK.
They’re Back, VIO Resurrected with New Funding 

7/4/01 – (Source: PrintPlanet.com) According to sources familiar with the company’s financial condition, VIO has found an investor to continue the company’s operations. England based VIO www.vio.com is a file transfer company working with organizations in the print and graphic arts industry.

PrintPlanet.com reported on April 13th, that VIO would cease operations by the end of the summer. Sources said the company had experienced significant losses and was unable to attract the needed funding to continue the operation. Scitex, who owned a portion of the VIO with British Telecom, said in February that they would divest of their shares in anticipation of a management buy out. An agreement was never reached.

VIO had sent letters to customers explaining the shut down. The letter stated that VIO “would continue operating it’s core service until the end of June and provide basic Internet service until the end of July.”

Sources say the funding comes from a group of former Trinity Mirror managers who have an interest in the secure distribution of data and information. Andrew Hood, US Operations Manager for VIO told PrintPlanet.com today that everyone is very excited. “Much has happened in the last week as you can imagine. We have been waiting on this for a while.” Hood said Miranda Clegg will lead the marketing efforts out of the UK, but many of the structural decisions have not been finalized. “We have a small staff in the US, but the management team is in the process of making offers to keep many of the employees.”

The secure, file transfer business has been under great pressure recently with uncertainty about Wam!Net and the closing of DAX. However, DAX was purchased by Torque and Wam!Net says they will secure their needed funding. Other companies in this space, GroupLogic and FileFlow have reported solid growth in recent months. GroupLogic and FileFlow both fired out “VIO Conversion Program Press Releases” as soon as VIO announced their potential shut down.

Hood says they are not worried and VIO would be back to business as usual. “We know we will continue to offer products and services in the UK, France and North America. With this investor group comes a full research team that will add much credibility to our services. We hope to show our strength and capitalize on the recent struggles companies in this space have experienced.”

Dave_Vanable

Dave
Vanable
dvanable@odysseysoftware.com
has been recently promoted to VP, Sales and Marketing at Odyssey
Software.He spent 5 years at STA, as application engineer and
later as Marketing Manager for the Scitex Visionary (Click
here to see an interview with Dave
) Odyssey Software
of Rochester NY http://www.odysseysoftware.com
is a provider of mobile and wireless application data access
infrastructure, which extends the enterprise across the Internet
or corporate Intranet to the palm of your hand. Its software is
using XML, HTTP, HTTPS – with real-time, online, interactive
access or application-controlled synchronization with centralized
data and business logic over any wireless LAN or WAN, wired or
dial-up connection.

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