Zvi Peled, Seasoned International Executive – to Become Nano Dimension’s COO and CRO
14 April 2020 - 8:00PM
Nano Dimension Ltd.
(Nasdaq, TASE: NNDM), a leading
Additively Manufactured Electronics (AME)
provider, announced today that effective May 1, 2020,
Zvi Peled will be appointed as the Company’s Chief Operating
Officer (COO) and Chief Revenue Officer (CRO).
From 2015 to 2020, Mr. Peled was the VP
Sales-Americas, of the Security Business Unit in
FLIR Systems Inc.
(www.flir.com), a public company with $1.8 Billion
in annual revenue, focused on intelligent sensing solutions for
defense, industrial, and commercial applications. Previously, Mr.
Peled was the COO and CRO of DVTEL
Inc., video surveillance and artificial intelligence
software & hardware high-tech company, which was acquired by
FLIR Systems Inc. in late 2015. Previously, Mr. Peled was the
President and CEO of Apollo Network Services Ltd.,
a private company that manages large projects in the field of
defense, energy and transportation for
Finmeccanica, a multi-billion-Euro corporation,
and one of the largest European organizations of its kind. He was
also the CEO of Flash Networks Ltd., a
technological leader offering mobile data access gateway, with
top-tier customers such as AT&T Wireless, T- Mobile, SFR and
Vodafone Omnitel.
Earlier in his career, Mr. Peled spent 20 years
with Elbit Systems Ltd., a multi-billion-dollar
international defense company engaged in a wide range of
electronics related programs worldwide, in the areas of avionics,
ground and navy systems, C4I and advanced electro-optics
technologies. As VP Operations he ran the R&D and Engineering
division, employing over 1,000 researchers and engineers. He was
appointed as the GM of Elbit Communications
Division, which included CTV plant, data communication company and
telephony over cable TV project in China.
“Nano Dimension is clearly one of the most
exciting opportunities I have ever encountered insomuch as proven
multi-disciplinarian technology of chemistry, 3D-printing process
of two materials at once controlled by proprietary algorithms and
AI software,” commented Mr. Peled. “The breakthrough products are
sold to leading multi-billion dollar corporations on four
continents, yet the exponential growth is clearly ahead as
competition is still struggling. I have done it before, but the
potential in Nano Dimension surpasses the previous companies I have
led.”
“In a few multi-disciplinarian high-tech
companies that I helped turn around as CEO and/or shareholder, Ziki
was my partner as COO, CRO or CEO,” said Yoav Stern, CEO and
President of Nano Dimension. “Some were sold at high returns to
shareholders, and one has been operating profitably for many years,
where I am still a shareholder and a board member. I cannot think
of a better person to help maximize opportunities and lead in
turning challenges into leverage points for Nano Dimension. Ziki
has demonstrated, as a business leader, that he has the ability to
identify opportunities in obstacles, rather than the
opposite.”
About Nano Dimension
Nano Dimension (Nasdaq, TASE: NNDM) is a
provider of intelligent machines for the fabrication of
Additively Manufactured Electronics (AME). High fidelity active
electronic and electromechanical subassemblies are integral
enablers of autonomous intelligent drones, cars,
satellites, smartphones, and in vivo medical devices. They
necessitate iterative development, IP safety, fast time-to-market
and device performance gains, thereby mandating AME for in-house,
rapid prototyping and production. Nano Dimension machines
serve cross-industry needs by depositing proprietary consumable
conductive and dielectric materials simultaneously, while
concurrently integrating in-situ capacitors, antennas, coils,
transformers and electromechanical components, to function at
unprecedented performance. Nano Dimension bridges the gap between
PCB and semiconductor integrated circuits. A revolution at the
click of a button: From CAD to a functional high-performance AME
device in hours, solely at the cost of the consumable
materials. For more information, please visit
www.nano-di.com.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995 and other
Federal securities laws. Words such as “expects,” “anticipates,”
“intends,” “plans,” “believes,” “seeks,” “estimates” and similar
expressions or variations of such words are intended to identify
forward-looking statements. For example, Nano Dimension is using
forward-looking statements in this press release when it discusses
exponential growth, that Mr. Peled will help maximize opportunities
and lead in turning challenges into leverage points for Nano
Dimension, and his ability to identify opportunities in obstacles,
rather than the opposite. Because such statements deal with future
events and are based on Nano Dimension's current expectations, they
are subject to various risks and uncertainties. Actual results,
performance or achievements of Nano Dimension could differ
materially from those described in or implied by the statements in
this press release. The forward-looking statements contained or
implied in this press release are subject to other risks and
uncertainties, including those discussed under the heading “Risk
Factors” in Nano Dimension’s annual report on Form 20-F filed with
the Securities and Exchange Commission (“SEC”) on March 14, 2019,
and in any subsequent filings with the SEC. Except as otherwise
required by law, Nano Dimension undertakes no obligation to
publicly release any revisions to these forward-looking statements
to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events. References and
links to websites have been provided as a convenience, and the
information contained on such websites is not incorporated by
reference into this press release. Nano Dimension is not
responsible for the contents of third-party websites.
NANO DIMENSION INVESTOR RELATIONS CONTACTYael
Sandler, CFO | ir@nano-di.com
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