MTS Names Roy Hess as CEO

MTS – Mer Telemanagement Solutions Ltd. (Nasdaq Capital Market: MTSL), a global provider of telecommunications expense management (TEM) and enterprise mobility management (EMM) solutions, and video advertising solutions for online and mobile platforms, today announced that it has appointed Mr. Roy Hess as the Company’s CEO.

Mr. Hess is a seasoned executive with over 20 years of experience building successful global businesses in the telecom and communication solutions and services sector. Over the course of his career, Mr. Hess served as President of MTS Inc. and Mer Inc., VP Business Development of C. Mer Industries Ltd. and the CEO of Gilat Satcom Systems Ltd., a publicly traded company. Most recently, Mr. Hess was the General Manager of Bioness Neuromodulation Ltd., a provider of medical devices. Mr. Hess holds a B.Sc. degree in Physics and Computer Science from Ben Gurion University and M.B.A. degree from Tel Aviv University.

“We are delighted to welcome Roy, a proven executive with decades of successful company-building, to the MTS team,” said Mr. Haim Mer, MTS’s Chairman of the Board. “Roy has significant experience in the telecom and communication industries and has demonstrated a unique ability to manage and grow operations across diverse business units and multiple continents in the organizations that he led. We are confident that Roy’s experience and managerial skills will be a valuable asset to MTS’s management team and will facilitate our strategy to enhance our business,” concluded Mr. Mer.

“It is an honor for me to be named CEO of MTS and to have the opportunity to work with MTS’s management and employees,” said Mr. Hess. “I understand the challenges facing MTS and I am confident that we can address these challenges and deliver on our commitment to create value for our shareholders by expanding MTS’s businesses and delivering long-term growth.”

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