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UltraShape Names Zvi Ben David Chief Financial Officer
Mercoledì 02 Novembre 2005 00:00

Tel-Aviv, Israel- November 2, 2005- UltraShape Ltd., a leader in non-invasive aesthetic medicine, announced today that Mr. Zvi Ben David , the former Corporate Vice President and Chief Financial Officer of Given Imaging Ltd.,has been named the Chief Financial Officer of the company.

Mr. Ben David brings more than 20 years’ experience in corporate and international financial management to UltraShape. Mr. Ben David comes to UltraShape from a successful five-year career at Given Imaging Ltd. where he served as the company’s Vice President and Chief Financial Officer, as well as a director in the company from 1998 to 2000. As CFO, Mr. Ben David will play a major role as part of the Company’s senior management team and will be responsible for all of the Company’s financial affairs.


"We are delighted to have attracted a CFO of Mr. Ben David’s caliber. Zvi is an experienced financial executive from the public sector who also brings a strong business perspective to his work. It's precisely that combination of talents we've been searching for," said Yoram Eshel, Chairman and CEO of UltraShape.


"I am excited to join a company with such a strong financial position, innovative new product and exciting opportunities in several growth areas of the aesthetic market," said Zvi Ben David. "I look forward to working with the UltraShape management team.


Before joining Given Imaging in 2000, Mr. Ben David was Vice President and Chief Financial Officer of Rafael Development Corporation (RDC). Previously, Mr. Ben David has held senior positions at Electrochemical Industries (Frutarom) Ltd., an Israeli company that produces petrochemical products. Mr. Ben David is a certified public accountant in Israel and holds a B.A. in economics and accounting from the University of Haifa. 


About UltraShape

UltraShape Ltd., (www.ultrashape.com) is a dynamic, leading-edge company that develops, manufactures and markets innovative, non-invasive devices for aesthetic medicine. The company’s first product, the Contour I device, received CE mark approval in July 2005. Contour I is the first device to offer a clinically proven, effective and safe, non-invasive body contouring solution. The Israeli based company was founded in 2000 by Ami Glicksman MD, a board certified plastic surgeon and Yoram Eshel PhD, an expert in medical physics.