Amiad Water Systems Ltd Appointment of Non-Executive Director (6321I)
March 27 2015 - 3:01AM
UK Regulatory
TIDMAFS
RNS Number : 6321I
Amiad Water Systems Ltd
27 March 2015
27 March 2015
Amiad Water Systems Ltd.
("Amiad" or "the Company")
Appointment of Non-Executive Director
Amiad (AIM: AFS), a leading global producer of water treatment
and filtration solutions, is pleased to announce the appointment of
Dr. Gilead Fortuna as a Non-Executive Director of the Company and a
member of the Board of Directors with immediate effect.
Dr. Fortuna, aged 73, has over 40 years' experience in business
development, strategy and R&D, primarily in the technology,
chemical engineering - including water treatment - and
pharmaceutical sectors. He holds a BSc and MSc from the Technion -
Israel's Institute of Technology - and a PhD in Chemical
Engineering from the University of Illinois. During his career, he
has held the position of CTO at ICL-Israel Chemicals Ltd. (NYSE and
TASE: ICL) ("ICL"), as well as holding President and CEO positions
at subsidiaries of ICL. He has also held senior business
development roles at Teva Pharmaceutical Industries Ltd. (NYSE and
TASE: TEVA). In addition, in 2000, he established Aquise Ltd., a
water treatment company in Israel. Dr. Fortuna is an experienced
director and board member having served on the Board of Rotem
Amfert Negev Ltd., Bromine Group Ltd. and Enzymotec Ltd. until it
floated on NASDAQ in 2013.
Currently, Dr. Fortuna serves as a Senior Research Fellow,
Founder and Head of the "Center for Industrial Excellence" at the
Samuel Neaman Institute for National Policy Research. As part of
this role, Dr. Fortuna is a consultant to Newtech, a government
agency responsible for advancing Israel's national water and energy
program. Dr. Fortuna is also a consultant of Elcon Recycling
Center, a company that develops innovative industrial wastewater
treatment solutions, and serves on the management board of the
Technion and as member of the committee of Science R&D policy
of the Israeli Ministry of Science. In addition, he has acted as
Visiting Professor in the Faculty of Engineering at the City
University of New York.
Eli Opper, Chairman of Amiad, said: "We are delighted to welcome
Dr. Gilead Fortuna to the Board of Amiad. His wealth of experience
in technology and engineering, including the water industry, will
be of great benefit to Amiad as we continue to innovate and
progress."
Other than set out below, there are no other matters required to
be disclosed pursuant to paragraph (g) of Schedule Two to the AIM
Rules for Companies as regards Dr. Fortuna's appointment.
Regulatory disclosures:
Dr. Gilead Fortuna
--------------------------------------------------
Current Directorships Directorships within
the last five years
--------------------------- ---------------------
The Technion - Israel Enzymotec Ltd.
Institute of Technology
(Board of Governors)
Ort Braude College (Board
of Governors)
--------------------------- ---------------------
Enquiries:
Amiad Water Systems Ltd.
-------------------------------- -----------------
Arik Dayan, Chief Executive
Officer
Irit Ben-Dov, Chief Financial
Officer +972 4 690 9500
-------------------------------- -----------------
Stifel Nicolaus Europe
Ltd
-------------------------------- -----------------
Giles Balleny +44 20 7710 7600
-------------------------------- -----------------
Luther Pendragon Ltd.
-------------------------------- -----------------
Harry Chathli, Claire
Norbury, Oliver Hibberd +44 20 7618 9100
-------------------------------- -----------------
About Amiad
Amiad Water Systems (AIM: AFS) is a leading global producer of
automatic, self-cleaning water treatment and filtration products
and systems. Through its engineering skills and ability to
innovate, Amiad provides cost-effective "green" solutions for the
industrial, municipal, irrigation, oil & gas and ballast water
markets. In these segments its patented products are being
integrated into the core of systems for filtration and water
treatment, micro irrigation and membrane protection, wastewater and
potable water treatment, cooling systems and sea water
filtration.
Headquartered in Israel, Amiad provides these solutions through
nine subsidiaries and a comprehensive network of over 170
distributors to customers in more than 80 countries.
For additional information or product details, please visit
www.amiad.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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