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Noam Lotan has been the President Chief Executive Officer and a Director of the Company since May 1990 and became Chief Financial Officer of the Company in October 1993 in which position he served until June 1995. From March 1987 to January 1990 Mr. Lotan served as Managing Director of Fibronics (UK) Ltd. the United Kingdom subsidiary of Fibronics International Inc. ("Fibronics") a manufacturer of fiber optic communication networks. The Company purchased the Fibronics business in September 1996. From January 1985 to March 1987 Mr. Lotan served as a Director of European Operations for Fibronics. Prior to such time Mr. Lotan held a variety of sales and marketing positions with Fibronics and Hewlett-Packard. Mr. Lotan holds a Bachelor of Science degree in Electrical Engineering from the Technion the Israel Institute of Technology and a Masters degree in Business Administration from INSEAD (the European Institute of Business Administration Fontainebleau France).
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