ClickSoftware Announces Change in Executive Management
Co-CEO Hannan Carmeli Resigned from the Company; Dr. Moshe BenBassat to
Continue as CEO
BURLINGTON, Massachusetts, September 3, 2013
BURLINGTON, Massachusetts, September 3, 2013 /PRNewswire/ --
ClickSoftware Technologies Ltd. (NasdaqGS: CKSW), the leading provider of
automated mobile workforce management and optimization solutions for the
service industry, today announced that Co-CEO, Mr. Hannan Carmeli, has
resigned from his position and will be leaving the Company. Mr. Carmeli
previously held the titles of President and Chief Operating Officer, and was
promoted to the Co-CEO position in June 2013. He will continue to serve the
Company as long as needed to ensure a smooth transition. Dr. Moshe BenBassat,
ClickSoftware's Founder, will continue as CEO.
"The Board determined that having two leaders at the top of the Company was
not practical, and that it was in the Company's best interest to revert back
to a more conventional structure of leadership under one CEO," said Dr. Israel
Borovich, ClickSoftware's Chairman of the Board. "On behalf of ClickSoftware
and the Board of Directors, I would like to thank Hannan for over 17 years of
dedicated service to the Company, and wish him all the best for the future,"
Dr. Borovich added.
"On a personal note, I'd like to thank Hannan deeply for many years of joint
work and sharing the load of running the Company," said Dr. Moshe BenBassat,
ClickSoftware's Founder and CEO. "Moving forward, the Company continues to
execute on its strategic plan through our powerful business mobility apps and
our Cloud-based solutions for both large and small enterprises. In fact,
several new contracts have already been signed during the third quarter,
including two significant cloud-based deals with new customers," Dr. BenBassat
Mr. Carmeli joined ClickSoftware in 1996 as Manager of Product Services and
Operations and has served as Executive VP of Sales & Professional Services
since 2000, Chief Operating Officer since 2006, and as President from 2008
until his promotion to Co-CEO in June 2013.
ClickSoftware (NasdaqGS: CKSW) is the leading provider of automated mobile
workforce management and service optimization solutions for the enterprise,
both for mobile and in-house resources. As pioneers of the "Service chain
optimization" and "The real-time service enterprise" concepts, our solutions
provide organizations with end-to-end visibility and control of the entire
service management chain by optimizing forecasting, planning, shift and task
scheduling, mobility and real-time management of resource and customer
Available via the cloud or on-premise, our products incorporate best business
practices and advanced decision-making algorithms to manage service operations
more efficiently, in a scalable, integrated manner. Our solutions have become
the backbone for many leading organizations worldwide by addressing the
fundamental question of job fulfillment: Who does What, for Whom, With what,
Where and When.
ClickSoftware is the premier choice for delivering superb business performance
to service sector organizations of all sizes. The Company is headquartered in
the United States and Israel, with offices across Europe, and Asia Pacific.
For more information, please visit http://www.clicksoftware.com and follow us
on Twitter, the content of which is not a part of this press release.
To download ClickSoftware's investor relations app, which offers access to SEC
documents, press releases, videos, audiocasts and more, please visit
https://itunes.apple.com/us/app/cksw-ir/id530880886?mt=8 to download on your
iPhone and iPad, or
your Android mobile device.
Safe Harbor for Forward Looking Statements
This press release contains express or implied forward-looking statements
within the Private Securities Litigation Reform Act of 1995 and other U.S
Federal securities laws. These forward-looking statements include, but are not
limited to, those statements regarding the Company's strategic plans. Such
"forward-looking statements" involve known and unknown risks, uncertainties
and other factors that may cause actual results or performance to differ
materially from those projected, including those discussed in the "Risk
Factors" section and elsewhere in ClickSoftware's annual report on Form 20-F
for the year ended December 31, 2012 and in subsequent filings with the
Securities and Exchange Commission. Except as otherwise required by law,
ClickSoftware is under no obligation to (and expressly disclaims any such
obligation to) update or alter its forward-looking statements whether as a
result of new information, future events or otherwise.
Investor Relations Contact:
KCSA Strategic Communications
SOURCE ClickSoftware Technologies Ltd
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