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Optibase Appoints Uzi Breier CEO

Tom Wyler to assume the role of President (October 21, 2004)

Uzi Breier joins Optibase

Uzi Breier joins Optibase

Optibase, Ltd., a leader in digital video solutions, today announced that Uzi Breier will join the company as Chief Executive Officer, effective November 1st. With Mr. Breiers appointment, Tom Wyler will resign as CEO. Tom Wyler will retain his position as Executive Chairman of Optibases Board of Directors and will assume the role of President.

Mr. Breier brings to Optibase an impressive management background in the telecommunications and semiconductor industries where he held a number of senior executive positions. Mr. Breier, who most recently served as Chief Executive Officer of Emblaze Semiconductor, will be in charge of the Companys business plans and strategies.

As chief executive of Emblaze Semiconductor, Mr. Breier implemented new strategic initiatives, which are generally credited with resulting in increased sales. In July 2004, Zoran, Inc., a provider of solutions for the digital entertainment and imaging markets, acquired Emblaze Semiconductor. Mr. Breier also held senior executive positions at Emblaze Systems, Flextronics International, Ltd., and National Semiconductor.

Commenting on the appointment, Tom Wyler, Executive Chairman and President of Optibase said, ?On behalf of everyone at Optibase, I would like to welcome Uzi to the Company. We believe that Uzi has demonstrated the ability to successfully grow and operate companies in the technology sector. Uzis extensive sales, marketing and leadership experience complements the efforts that we are currently making toward achieving revenue growth and operational profitability. He shares our dedication in taking Optibase to the next level, and we are very pleased to have Uzi on board.

Mr. Breier holds an MBA in Management and International Trade from San Jose State University, and graduated summa cum laude from New York Institute of Technology where he received a B.Sc. in computer science and a B.Sc. in industrial engineering.


About Optibase
Optibase, Ltd. (NASDAQ: OBAS) provides professional editing, compositing, encoding, decoding, video server upload and streaming solutions for telecom operators, service providers, broadcasters and content creators. The companys platforms enable the creation, broadband streaming and playback of high quality digital video. Optibases breadth of product offerings are used in applications, such as: video over DSL/Fiber networks, post production for the broadcast and cables industries, archiving; high-end surveillance, distance learning; and business television. Headquartered in Israel, Optibase operates through its fully owned subsidiary in Mountain View, California and offices in Massachusetts, Europe, Japan and China. Optibase products are marketed in over 40 countries through a combination of direct sales, independent distributors, system integrators and OEM partners. 

For further information, please visit www.optibase.com.
 

 


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Related Keywords:Optibase, Uzi Breier, Tom Wyler, Emblaze Semiconductor, Zoran,

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