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MER Group announces the expansion of its senior management in South America

The company appointed two new directors at the beginning of 2017

Holon, July, 2017: MER Group (TASE: CMER), provider of telecom, security, intelligence, and cyber solutions, has announced that as part of its plans to expand activities in South America, the company has appointed new managing directors in two countries in the region.

These appointments were made as part of of the company’s increased marketing and sales efforts in Latin America, and mark the completion of a round of appointments and staff reinforcement in the area. The process began a year ago with the appointment Segev Hostik as general manager of MER Mexico, after serving as the company’s CFO for eight years. Additionally, MER has expanded its activities over the last 18 months in Central America and the Caribbean.

During this latest round of appointments, Uri Skladnik was appointed General Manager of MER Chile. Beforehand, he served as MER Presale Manager for South America and helped promote business development of radio, in-building and communications technology.

Fernando Senise was appointed General Manager of MER Peru around the same time. Senise previously served as General Manager of MER Chile, during which he promoted the company’s communications and radio infrastructure in Chile.

Nir Lempert, MER Group’s CEO “By focusing our efforts in South America over the last 18 months, including significantly expanding the marketing services in the region, we increased the number of new projects in the region during the first half of the year. These projects included optic fiber infrastructure to develop a smart city; communications infrastructure for security facilities, and cyber projects. Uri Skladnik and Fernando Senise have made enormous contributions to the expansion MER Group’s in the communications sector and they will now have the opportunity to channel their experience and familiarity with the locale to develop HLS and cyber in Chile and Peru. This will continue the company’s positive momentum in Latin America.

About MER Group

MER Group (TASE: C.MER) is a global Israeli Company that focuses its operations in five core fields: communications infrastructure and optical fiber; HLS (Homeland Security including safe cities, strategic installations, smart cities, campuses and smart buildings); cyber intelligence services; intelligence and investigative systems based on BIG DATA technology; and tactical communications solutions for emergency and lifesaving forces (first responders) and armies (see land and air).

The Company, through its subsidiaries offers end to end holistic solutions that include consulting, development, manufacture, integration, implementation and training adapted to the customer’s needs. The Group’s customers include governmental, municipal and security agencies, banks, communications operators and more. The Company has a number of software and electronics R&D centers as well as manufacturing plants in Israel and around the world.

MER Group employs about 1,200 employees, number tens of subsidiaries and is active primarily in Latin America, the USA, Africa and Israel. MER is managed by Nir Lampert and is controlled by Haim MER, the FIMI fund and Yitzchak ben Basat. It has been traded on the TA exchange since 1992. MER’s headquarters are located in Holon.

www.mer-group.com

Media Contact

Dafna Ratzon

Marcom Manager

dafna_r@mer.co.il