InvestorsHub Logo
Followers 145
Posts 27561
Boards Moderated 3
Alias Born 02/07/2004

Re: midastouch017 post# 146

Wednesday, 02/01/2006 10:21:02 AM

Wednesday, February 01, 2006 10:21:02 AM

Post# of 851
Former CIA Director Woolsey Named Chairman of SuperCom's New Advisory Board

Wednesday February 1, 10:09 am ET

NEW YORK and RA'ANANA, Israel, February 1 /PRNewswire-FirstCall/ -- SuperCom Ltd. (OTCBB: SPCBF.OB; Euronext: SUP), a leading provider of smart card and electronic identification (e-ID) solutions, today announced that R. James Woolsey, former Director of Central Intelligence and one of America's preeminent authorities on security issues, will be Chairman of the Company's newly created Advisory Board.

The Advisory Board was established to enhance SuperCom's presence in the United States and other nations, and to help identify new applications for the company's technologies in the homeland security, defense and document authentication markets.

In an era when both government and the private sector are faced with unprecedented challenges to protect public safety and personal privacy, the Advisory Board will serve to extend SuperCom's forward-looking technologies into the U.S. market.

Woolsey will be joined on the Board by other distinguished Americans with experience in national security issues. Additional Board members will be announced in the near future.

"It's a great pleasure to welcome Mr. Woolsey as Chairman of our Advisory Board," said Avi Schechter, Chief Executive Officer of SuperCom. "Jim has a long and distinguished record of public service and unsurpassed expertise in security matters, government policy and world affairs. We especially look forward to working with him and other Board members for advice on corporate governance, recruitment, and best practices."

"SuperCom is a world leader in security technology," Woolsey said. "I welcome the opportunity to work with such an innovative company, committed to finding and implementing real-world applications for cutting-edge technologies. The need to bring to market these types of security initiatives is great and growing."

R. James Woolsey

R. James Woolsey is widely recognized - in government, business, the media and academia - as one of the nation's leading experts on foreign affairs, defense, energy, critical infrastructure protection and resilience, and intelligence. He has held Presidential appointments in two Republican and two Democratic administrations.

Woolsey served as Director of Central Intelligence from 1993-1995. He also served as Under Secretary of the Navy, Ambassador to the Negotiation on Conventional Armed Forces in Europe (CFE), and General Counsel to the U.S. Senate Committee on Armed Services. Earlier in his career, he was a Captain in the U.S. Army and staff member for the National Security Council.

He subsequently brought to bear the expertise gained through his extensive public service as a member of the Congressionally-mandated National Commission on Terrorism, which in 2000 issued a visionary report titled "Countering the Changing Threat of International Terrorism."

Woolsey is a graduate of Stanford University (Phi Beta Kappa), holds an M.A. from Oxford University (where he was a Rhodes Scholar), and received an L.L.B. from Yale Law School (where he was Managing Editor of the Yale Law Journal).

Today, Woolsey is a Vice President of Booz Allen Hamilton.

About SuperCom:

SuperCom, Ltd. provides innovative solutions in smart-card and e-ID technologies to the commercial and government sectors. The Company offers a wide range of standard and customized smart-card-based solutions for physical and logical security, education, corrections facilities and air & seaports. It is also a leader in the manufacturing of secure and durable documents such as national identity cards, passports, visas, drivers' licenses and vehicle registration to improve homeland security, governmental efficiency and document ease of use. Headquartered in Israel, SuperCom has subsidiaries in the US and Hong Kong. For more information, visit our website at www.supercomgroup.com

http://biz.yahoo.com/prnews/060201/ukw011.html?.v=46

Dubi

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SPCB News