RRsat Announces Organizational Changes, Aimed to Support Growth Strategy

   RRsat Announces Organizational Changes, Aimed to Support Growth Strategy

Ohad Har-Lev appointed as President of RRsat America and Tzurit Golan joined
as VP Human Resources & Organizational Development; Shmulik Koren Named CFO

PR Newswire

AIRPORT CITY BUSINESS PARK, Israel, April 4, 2013

AIRPORT CITY BUSINESS PARK, Israel, April 4, 2013 /PRNewswire/ --

RRsat Global Communications Network Ltd. (NASDAQ: RRST), a leading provider of
comprehensive content management and global distribution services to the
television and radio broadcasting industries today announced several changes
to the company's operational leadership team, designed to support and
accelerate growth. The changes include:

On April 1, 2013, Mr. Ohad Har-Lev was appointed president of the company's
U.S. subsidiary, RRsat America Global Communications Network Inc. Mr. Har-Lev
most recently served as RRsat's MSS Managing Director as well as Corporate
General Counsel and Company Secretary. The appointment of Mr. Har-Lev, who has
extensive experience as a leader in the communications technology field,
reflects RRsat's strong commitment to significantly expand its presence and
activities in the US market. Mr. Har-Lev previously held senior positions as
VP, Business Development and General Counsel of Kamor Ltd (TASE: KMOR); VP,
General Counsel & Business Development fiber optics division of Gilat Satcom
(TASE and AIM); and corporate counsel at Amdocs (NASDAQ: DOX).

RRsat also announced the appointment of Ms. Tzurit Golan as VP, Human
Resources & Organizational Development. Ms. Golan has held executive HR
positions in leading high-tech companies such as AudioCodes (NASDAQ: AUDC),
where she served as Head of International HR, and VP HR at Orbit Technologies
Ltd (TASE: ORBI).

In addition, RRsat has appointed Mr. Shmulik Koren as CFO as of May 1, 2013.
Mr. Koren is an experienced executive leader who served as CFO and CEO of
public companies. Prior to joining RRsat, Mr. Koren served as CFO and COO of
Orbit Technologies Ltd. (TASE: ORBI) where over the last three years he was
responsible for worldwide finance, facility, IT, legal, IR and operations
departments. Prior to Orbit, between 2006 to 2009, Mr. Koren served as
President and CEO of Better Online Solutions (B.O.S.) Ltd. (NASDAQ & TASE:
BOSC). Previously, from 1999 to 2006, he served as CFO and a director of
Visonic Group (London & TASE: "VSC.L" & "VSC.TA"). RRsat's CEO, Mr. Avi
Cohen, and Mr. Koren worked together at Orbit as CEO and CFO for more than
three years. Mr. Itzik Zion, who has served as the company's CFO since
December 2011, will be leaving the company in May to pursue personal
interests. Mr. Zion will work with Mr. Koren to facilitate a smooth
transition.

"We are excited with the appointments of Ohad, Tzurit and Shmulik, three
talented and experienced executives," said Avi Cohen, Chief Executive Officer
of RRsat. "Each of these proven executives brings to the job outstanding
industry knowledge as well as impressive leadership and professional
abilities. Ohad's new role and the addition of Tzurit and Shmulik, both of
whom I had the pleasure of working closely together at Orbit, to the RRsat
management team, are among the organizational changes we are implementing
toward executing on our growth strategy in general. Specifically, our goal is
to increase our North American business, and these appointments will
facilitate our efforts to focus on target geographies, particularly the United
States, create local leadership, expand our sales organization, and add local
origination capabilities. These strategic initiatives will further improve our
offerings and make us more attractive to major U.S. customers and support our
increased focus on live sports and events, leveraging the SM2 acquisition. We
are confident that they are the right people to help drive our successful
journey going forward."

About RRsat Global Communications Network Ltd.

RRsat Global Communications Network Ltd. (NASDAQ: RRST) provides global,
end-to-end, content management and distribution services to the rapidly
expanding television and radio broadcasting industries, covering more than 150
countries. Through its RRsat Global Network, composed of satellite and
terrestrial fiber optic capacity and the public Internet, RRsat provides
high-quality and flexible global distribution services 24/7 to more than 630
channels reaching multiplatform operators, Internet TV and direct-to-home
viewersworldwideand also offers occasional use services for sports, news and
eventswith a fleet of flyaways and over 10 transportable satellite news
gathering services (SNG) units. More than 130 television and radio channels
use RRsat's advanced production and playout centers comprising comprehensive
media asset management services. Visit the company's website
http://www.rrsat.com

Safe Harbor Statement

This press release contains forward looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, including statements regarding
(i) our ability to consummate the transaction in a timely manner, or at all,
(ii) our ability to successfully integrate the acquired assets, (iii)the
growth of our business in the United States and elsewhere, (iv) the growth of
our OU business, (v)our ability to build a stronger local presence in the
North American region,(vi) our expectation to expand our client base andsell
additional services to our existing client base, and (vii) our ability to
report future successes. These forward-looking statements involve known and
unknown risks and uncertainties and are based on current expectations,
assumptions, estimates and projections about the companies and the industry as
of the date of this press release. We undertake no obligation to update
forward-looking statements to reflect subsequent occurring events or
circumstances, or to changes in our expectations, except as may be required by
law. Forward-looking statements are subject to risks and uncertainties that
may cause actual results to differ materially from those contemplated by the
forward-looking statements, including the risks indicated in our filings with
the Securities and Exchange Commission (SEC). For more details, please refer
to our SEC filings and the amendments thereto, including our Annual Report on
Form 20-F for the year ended December 31, 2012 and our Current Reports on Form
6-K.

Company Contact Information:
Miki Hakak, Head of Marketing
Tel: +972-3-9280808
marketing@RRsat.com

Investor Relations Contacts:
Hayden/MS-IR LLC
Brett Maas/ Miri Segal-Scharia
+1-646-536-7331/ +1-917-607-8654
Brett@haydenir.com/msegal@ms-ir.com

SOURCE RRSat Global Communications Network Ltd
 
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