Nano Dimension Appoints Seasoned Hi-Tech Executive Yaron Eitan to its Board of Directors
February 13 2020 - 02:30AM
Nano Dimension Ltd., a leading Additively
Manufactured Electronics (AME) provider (Nasdaq, TASE:
NNDM), announced today the appointment of Mr. Yaron Eitan
as a member of the company’s Board of Directors, effective
immediately.
Mr. Yaron Eitan is a technology entrepreneur,
founder and investor with over 30 years of experience building and
running privately held and publicly traded companies in the United
States and Israel. He currently serves as the chief executive
officer and co-founder of DeepCube Ltd., a deep learning
software accelerator for inference. He is also the co-founder and
chairman of both Emporus Technologies Ltd., which deploys deep
learning in capital markets, and Marpai Health Inc., a company
utilizing advanced analytics in healthcare. Mr. Eitan is also
co-founder and co-chairman of 340Basics Technologies, Inc., a
healthcare IT company. Previously, he founded and was the chief
executive officer of Selway Capital, a venture capital
incubator for high tech start-up companies. He founded and acted as
a chairman and/or chief executive officer for DVTEL, Inc.,
Magnolia Broadband, Inc., and Geotek Communications Inc., a
publicly traded company in wireless communications. Mr. Eitan
was also a partner at CNTP, a $300 million technology venture
fund that invested $100 million in several Israeli companies
including Fiverr, Deep Instinct and Credorax. Mr. Eitan has a BA in
Economics from Haifa University and an MBA from the Wharton School
of Business of the University of Pennsylvania.
“Under the new leadership of Mr. Yoav Stern, a
seasoned turnaround CEO, Nano Dimension has demonstrated its
ability to earn the trust of investors who recently invested in the
company and has eliminated the company’s debt. We can now turn our
focus to the execution of our strategy. To that effect, Mr. Eitan’s
broad experience and track record in instituting and pursuing the
execution of successful strategies will impact and strengthen the
company’s Board of Directors. We are excited to benefit from his
experience and voice,” said Mr. Ofir Baharav, Nano Dimension’s
Chairman of the Board of Directors.
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 StatementsThis
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 turning its
focus to the execution of the Company’s strategy. 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 CONTACT Yael
Sandler, CFO | ir@nano-di.com
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