Playtech Limited
04 October 2007
Playtech Ltd
('Playtech' or 'the Company')
Appointment of New Chief Financial Officer
Playtech (AIM: PTEC), the international designer, developer and licensor of
software to the online and land-based gaming industry, is pleased to announce
the appointment of Guy Moshe Emodi to the Board as Executive Chief Financial
Officer (CFO) of the Company. The appointment is to take place with immediate
effect.
Guy Moshe Emodi, 43, holds an MBA from the London Business School (LBS) UK. He
has more than 18 years of experience in international finance during which he
was involved in transactions totalling more than $5 billion.
Prior to joining Playtech, Guy was Chief Executive Officer of Ocif India LTD, a
Real Estate Investment subsidiary of Ocif (TSE: OCIF), where he headed up a new
investment venture in India.
Before this, Guy spent eight years with Partner Communications LTD (NASDAQ:
PTNR, LSE: PCCD), four of them as Director of Finance and CFO of Partner
Comunications 2000 Ltd, where he oversaw Partner's growth from a start up
business to becoming a leading mobile phone provider.
Mor Weizer, Chief Executive of Playtech, said:
'We are delighted to welcome Guy to the Board of Playtech. His experience in
high level international finance and the technology sector means that he has an
excellent understanding of the demands of a publicly listed company, and will be
of enormous benefit to Playtech.'
Roger Withers, Chairman of Playtech, commented:
'Guy has a high reputation in financing and banking circles and we are very
pleased to welcome him on board. With his LBS MBA and his previous industry
experience, he will be a good cultural fit both on the Board of Playtech and in
the City.'
Mr Emodi is currently a non-executive director of Intercure LTD. During the
past five years has held directorships in the following companies, of which he
is no longer a director:
Ocif India Ltd
Marthon Venture Capital Fund
Israel Management Institute
Bamboo Ltd
Platinet Ltd
Estimotion Ltd
There are no further matters to be disclosed under Schedule 2 (G) of the AIM
Rules.
- ends -
For Further Information:
Mor Weizer, CEO, Playtech Ltd
c/o Bell Pottinger Tel: +44 (0) 20 7861 3232
www.playtech.com
David Rydell / Peter Otero / Helen Tarbet
Bell Pottinger Corporate & Financial Tel. +44 (0) 20 7861 3232
About Playtech
Playtech develops unified software platforms for the online gambling industry,
primarily targeting existing online operators wanting to upgrade their system;
sportsbooks looking to diversify and land-based operators making their online
debut. Playtech gaming applications - online casino, poker, bingo, mobile
gaming, live gaming, land-based kiosk networks and fixed-odds games - are fully
intercompatible and can be freely incorporated as stand-alone applications,
accessed and funded by players through the same user account and managed by the
operator by means of a single powerful management interface. Founded in 1999,
Playtech has over 550 personnel distributed globally, around eighty percent of
whom are engaged in research and development of current and future gaming
technologies
This information is provided by RNS
The company news service from the London Stock Exchange
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