Boaz Raviv to replace Gadi Tamari as Radvision CEO

Raviv, who has been with Radvision for five years, will take up the CEO post on January 1.

Videoconferencing and video telephony technology company Radvision (Nasdaq: RVSN ; TASE: RVSN) has announced that Boaz Raviv, 45, currently general manager overseeing both of the company's business units, has been chosen by the board of directors to succeed Gadi Tamari as CEO from January 1, 2006.

Tamari, who was CEO for four years, submitted his resignation to pursue new opportunities.

Boaz Raviv joined Radvision in 2000 as general manager of the company's Technology Business Unit (TBU). He assumed added responsibility for the Networking Business Unit (NBU) in mid-2004.

Before joining Radvision, Raviv was Vice President of Business Development and Marketing focusing on e-business products and solutions for Elron TeleSoft, a provider of revenue and business assurance solutions for mobile, fixed, 3G and IP telephony networks.

Raviv also served as a Telecom Division Manager at Elron. He began his career at CAP Gemini, France. He holds a B.S. from the Technion, Israel's Institute of Technology in Haifa, and served his apprenticeship at Robotic in CEMAGREF, the French National Center of Mechanical Engineering, renowned for research and development in the field of integrated equipment.

Radvision chairman Zohar Zisapel said, "Boaz Raviv has proven himself to be a highly effective manager and leader during his five years at Radvision. His depth of knowledge about our technology, our market and our company is invaluable. We are confident that he is the right person to take the vision for this company, which Gadi Tamari played a central role in shaping, to the next level of realization."

"On behalf of the board of directors, I would like to thank Gadi Tamari for the enormous contribution he has made as CEO of this Company for the past four years. His insight into the development of our market and the most effective way to position Radvsion within it has become reality. We regrettably must accept his decision and we wish him well in his future endeavors."

Published by Globes [online], Israel business news - www.globes.co.il - on November 10, 2005

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